Crypto to fiat currency

BiyaPay
Published on 2023-10-12 Updated on 2024-11-05

Crypto to fiat currency trading refers to the use of fiat currency to buy and sell digital currency, with a fiat currency as the unit of valuation to buy digital currency. The trading rules are to complete matching transactions in accordance with price priority and time priority, and directly realize transactions between digital currencies.

For example, Bitcoin (BTC), Litecoin (LTC) and other digital currencies are priced with the US dollar (USD). When Bitcoin is priced with the US dollar, a transaction currency pair of BTC/USD is formed (when one currency is priced with another currency, a transaction currency pair is formed). The price of the pair represents how many units of USD you have to pay to buy 1 unit of BTC, or how many units of USD you get for selling 1 unit of BTC.

BiyaPay supports trading pairs:
BiyaPay’s flash exchange function provides users with fast digital currency exchange services, users can exchange BTC, ETH, XRP, LTC, MATIC, BCH, ADA, BNB, DOGE, SOL, OP, AVAX, DOT, LINK and other currencies with USDT or USD.

BiyaPay digital currency trading advantages over fiat currency:
BiyaPay digital currency has the advantages of convenience and low cost for fiat currency transactions.
It also has the following advantages:

  1. Low registration threshold, global users can participate;
  2. The main support mainstream legal tender of the quotation digital currency trading, such as BTC/USD, BTC/HKD, BTC/SGD, BTC/CAD, BTC/AUD, BTC/EUR, BTC/GBP, BTC/JPY, etc.;
  3. Achieve strong liquidity of fiat currency to digital currency, and achieve optimal liquidity and optimal transaction price of fiat currency to digital currency;
  4. Realized the lowest commission of fiat currency to digital currency spot transaction in the world, maker: 0.04%, taker: 0.08%, and finally realized zero commission of maker transaction;
  5. Enhance legal tender, stable currency and encryption of transformation between the assets and circulation, achieve zero fee transactions between mainstream and stable currency, such as USDC/USDT, BUSD/USDT USDP/USDT, TUSD/USDT zero fee, to promote the application of digital currency more scenarios;
  6. The liquidity of fiat currency to digital currency is improved, and the exchange rate advantage is conducive to the growth of our institution’s remittance advantage, the safest, faster and more efficient remittance, and the real-time remittance of global remittances.

BiyaPay reminds us that digital currency is an innovative investment product with large price fluctuations and high investment risk. Before investing, we hope you can fully understand digital currency, rationally judge investment ability, and prudently make investment decisions.

Thank you for your long-term trust and support to BiyaPay, BiyaPay will continue to provide you with better products and better service!