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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:
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!