Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Are the deposits on circle are holded in BTC or fiat?
depends what you deposit i guess.
My English is lacking, hm?
Another trial:
I hold BTC or Fiat on a circle Account? You know what I mean? I guess BTC, but want to be sure.
it is my understanding that circle accounts can hold BTC or Fiat(of any color), and you are free to switch back and forth at anytime, I'm guessing they won't let you do bitcoin trading with this account... its probably part of their policy that it the service should not be used to day trade bitcoin.
The second you send money to circle it is converted to BTC. You cannot sent USD to circle and then place a bid. They have no bids or asks. When you send BTC there is it held until you market sell, when you send USD it automatically converts to BTC. Therefore all holdings are in BTC.
Thanks.
You want a Tequila for this info?
