Post
Topic
Board Service Discussion
Re: Holding USD on BTER without a bank.
by
rabbiter
on 24/09/2014, 08:43:12 UTC
I found you can hold USD on BYER without a bank account connected. This is great if many people use it as we can have liquidity to protect ourselves when altcoins have bad periods.


Does anyone know any other exchanges ages that are more liquid and let you hold USD. Does BTCe?

Does not all coins can help you to hold USD? exchange into BTC then BTC into USD?


yeah, which is why it's so useful, I'm guessing many don't know you can. Of course if you don't connect a bank account you can exit from these exchanges in USD but the point is it very useful when altcoins are all ona downward slide, and the you can buy back in when things are on the up.

It's good for Altcoins as well cause if traded well people are putting more USD into the system, or at least that's the potential. It also could mean volatility if more people bounce into fiat on these exchanges at any sign of BTC or alts wilting.