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Author Topic: New Fiat currencies on Exchange  (Read 8769 times)

Offline ShadowCrypto

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Re: New Fiat currencies on Exchange
« Reply #15 on: May 02, 2020, 08:34:03 AM »
But how to believe Binance now, when they bought CMC...

Go to coingecko, they data are really better compared to CMC, they have something called trust score to avoid fake numbers and fake volumes.

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Re: New Fiat currencies on Exchange
« Reply #15 on: May 02, 2020, 08:34:03 AM »

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Offline Bobcrypto

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Re: New Fiat currencies on Exchange
« Reply #16 on: May 02, 2020, 11:01:41 AM »
But how to believe Binance now, when they bought CMC...

I don't think Binance exchange has any plans now or in the future to buy CMC if that was what you mean. Binance has it's business basically on coin/token exchanges, and coinmarketcap, is a company on a separate type of operation.

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Re: New Fiat currencies on Exchange
« Reply #16 on: May 02, 2020, 11:01:41 AM »

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Offline hushpupppy

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Re: New Fiat currencies on Exchange
« Reply #17 on: May 02, 2020, 11:45:57 PM »
This is a good positives for the latin americans, they join few african countries in the benefits ghat binance brings to us.
You can now easily buy and sell crypto currency.

Offline JacobJacob

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Re: New Fiat currencies on Exchange
« Reply #18 on: August 11, 2020, 11:51:37 AM »
Because fiat money doesn't rely on physical reserves, such as the national silver or gold reserves, it risks losing value due to inflation or even becoming worthless in case of hyperinflation. If people lose faith in a country's currency, money will no longer hold value. That is different from the gold standard currency.

 

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