Nothing to be worry. we already have it. Gemini, you can study on it for details. This is the bridge between fiat currency and crypto especially bitcoin. we can also launch a new currency that will have more features.
Topic: Maybe we have the better solution to Fiat to Crypto soon??? (Read 139 times)
We already have. You can study about Gemini. This is the bridge between crypto and fiat currency. It has made crypto more popular among newbies.
I always prefer Crypto for future economics. This is going to happen in near future. But one problem is still there that is its price is so high.You need to wait for another 15 year for its local use. I think this day must come.
This is a great news for the crypto user and also a great work. In this way now money transfer is more secured than before. You will work smartly now.
Awax Blockchain Of Trust. offering this platform peeps, any thoughts?
The evolution of a new wonder in the horizon
The hype around Bitcoin and other crypto currencies has ebbed to a large extent. It is a phase of consolidation in the market. However, consolidation may be too far-fetched a word to describe the cryptocurrency market. In fact, it is in no way similar to a stock market. For the past few months, all the currencies are experiencing huge swings in value. What is more, even intra-day swings to the extent of 50% are regular. That makes it a very troubled market to invest in. In reality, people are afraid of investing in this market. It needs a platform through which investors can use cryptocurrencies as a medium of exchange. Only when it is used as a medium of exchange can the cryptocurrencies gain some kind of credibility. AWAX has lent that credibility to cryptocurrencies.
AWAX
This is a trading platform that encompasses a diverse set of asset classes, not just cryptocurrencies. By doing so it has enabled investors to invest in Active Coin Managed Funds and Exchange Traded Funds through cryptocurrencies. This indicates that the platform imparts an exchange value to cryptocurrencies. The currencies were in utmost need of a exchange value. Without exchange value, it cannot be called a currency. Money must have a store value and an exchange value. Cryptocurrencies are lacking the exchange value. This is a severe shortcoming of cryptocurrency. The lack of value for exchange also limited its trading since investors always want to exchange it for fiat currencies. Such an exchange is not only hassled prone but also expensive. AWAX has tried to address this problem. It has designed the platform in such a way that investors can invest in other asset class by cryptocurrency. It has a number of asset classes to invest in such as active coin managed funds, exchange-traded funds etc.
How The System Works
The system works on the strength of Proof Of Asset tokens. This is a unique feature of AWAX. Here, you can invest in cryptocurrencies as well as in other assets such as exchange-traded funds and active coin managed funds. Once you invest in an asset class, the platform issues a number of tokens to you. These tokens together represent the value of your investment in the underlying asset. The unique feature comes into play from this stage. Traders can invest these tokens in other asset classes. So if a trader has invested his fiat currency to buy cryptocurrencies, he can invest the corresponding Proof of Asset tokens to invest in exchange-traded funds or active coin managed funds. So what it does is to basically spread the risk across different asset classes. It is very unlikely that all asset classes will face a depreciation in valuation together. In fact, it is very likely that if the value of cryptocurrencies takes a beating, the value of exchange-traded funds will increase. It is a kind of hedging mechanism for cryptocurrency investments.
Smart contract and trading
The smart contract system is the backbone of this system. This system is inherent in Blockchain technology which has been used in crypt currency transaction for a long time. This technology seeks to do away with problems associated with the distribution of profits and resources. Blockchain technology ensures that participants don’t have to rely on trust between the transacting parties. Coins and dividends accruing to a particular investor get automatically stored in his or her account in AWAX. However, the most important feature of this platform is the Proof Of Token. This is the most notable feature of AWAX. This Blockchain technology-driven platform conducts the entire operation through smart contracts. So, whether it is about allocating dividends or coins to a trader or investing in a particular asset class, the system takes care to see that each transaction is carried out meticulously. The system executes self-executable contracts.
What is it
When a trader invests in an asset, such as crypt currency, exchange-traded fund or active coin managed the fund, the system issues him a proof of that investment in the form of tokens. These tokens represent the asset that you have invested in. You have the flexibility to use these tokens to invest in other assets in AWAX. If it is a proof of asset for cryptocurrencies, you can invest these tokens to invest in exchange-traded funds. This way the platform helps the investors trade smartly.
In essence, this system allows investors to hedge their investments in one asset by helping to invest that asset in a different asset. This helps in spreading the risk over a different asset class. The token issued by AWAX is an asset here. This is a big relief for investors since they don’t need to convert the tokens into fiat currencies. Exchanging cryptocurrencies for fiat currencies is not only hassle-prone but also expensive. Traders don’t need to tread that path at all. Usually, cryptocurrency investment generates a demand for fiat currency due to the need for exchange. With AWAX you don’t need fiat currency to invest every time. So there is no concurrent increase in the demand for fiat currencies. This is a departure from the system in vogue and this is the unique feature of AWAX.
Medium of exchange
Why do people need money? They need it to exchange it for items of utility or necessity. So money must have an exchange value, but cryptocurrencies don’t have it. Investors cannot use the coins to purchase something. This is where AWAX has tried to shed some light. Through this platform, you can invest in other assets such as exchange-traded funds, active coin managed funds etc. So you can invest in cryptocurrency, get the Proof Of Asset tokens from the AWAX system and invest these tokens in other assets such as real estate, coin managed funds etc.
Other features
The system has tried to address problems like counterparty risk, high volatility in cryptocurrency, trading restrictions etc through.
The evolution of a new wonder in the horizon
The hype around Bitcoin and other crypto currencies has ebbed to a large extent. It is a phase of consolidation in the market. However, consolidation may be too far-fetched a word to describe the cryptocurrency market. In fact, it is in no way similar to a stock market. For the past few months, all the currencies are experiencing huge swings in value. What is more, even intra-day swings to the extent of 50% are regular. That makes it a very troubled market to invest in. In reality, people are afraid of investing in this market. It needs a platform through which investors can use cryptocurrencies as a medium of exchange. Only when it is used as a medium of exchange can the cryptocurrencies gain some kind of credibility. AWAX has lent that credibility to cryptocurrencies.
AWAX
This is a trading platform that encompasses a diverse set of asset classes, not just cryptocurrencies. By doing so it has enabled investors to invest in Active Coin Managed Funds and Exchange Traded Funds through cryptocurrencies. This indicates that the platform imparts an exchange value to cryptocurrencies. The currencies were in utmost need of a exchange value. Without exchange value, it cannot be called a currency. Money must have a store value and an exchange value. Cryptocurrencies are lacking the exchange value. This is a severe shortcoming of cryptocurrency. The lack of value for exchange also limited its trading since investors always want to exchange it for fiat currencies. Such an exchange is not only hassled prone but also expensive. AWAX has tried to address this problem. It has designed the platform in such a way that investors can invest in other asset class by cryptocurrency. It has a number of asset classes to invest in such as active coin managed funds, exchange-traded funds etc.
How The System Works
The system works on the strength of Proof Of Asset tokens. This is a unique feature of AWAX. Here, you can invest in cryptocurrencies as well as in other assets such as exchange-traded funds and active coin managed funds. Once you invest in an asset class, the platform issues a number of tokens to you. These tokens together represent the value of your investment in the underlying asset. The unique feature comes into play from this stage. Traders can invest these tokens in other asset classes. So if a trader has invested his fiat currency to buy cryptocurrencies, he can invest the corresponding Proof of Asset tokens to invest in exchange-traded funds or active coin managed funds. So what it does is to basically spread the risk across different asset classes. It is very unlikely that all asset classes will face a depreciation in valuation together. In fact, it is very likely that if the value of cryptocurrencies takes a beating, the value of exchange-traded funds will increase. It is a kind of hedging mechanism for cryptocurrency investments.
Smart contract and trading
The smart contract system is the backbone of this system. This system is inherent in Blockchain technology which has been used in crypt currency transaction for a long time. This technology seeks to do away with problems associated with the distribution of profits and resources. Blockchain technology ensures that participants don’t have to rely on trust between the transacting parties. Coins and dividends accruing to a particular investor get automatically stored in his or her account in AWAX. However, the most important feature of this platform is the Proof Of Token. This is the most notable feature of AWAX. This Blockchain technology-driven platform conducts the entire operation through smart contracts. So, whether it is about allocating dividends or coins to a trader or investing in a particular asset class, the system takes care to see that each transaction is carried out meticulously. The system executes self-executable contracts.
What is it
When a trader invests in an asset, such as crypt currency, exchange-traded fund or active coin managed the fund, the system issues him a proof of that investment in the form of tokens. These tokens represent the asset that you have invested in. You have the flexibility to use these tokens to invest in other assets in AWAX. If it is a proof of asset for cryptocurrencies, you can invest these tokens to invest in exchange-traded funds. This way the platform helps the investors trade smartly.
In essence, this system allows investors to hedge their investments in one asset by helping to invest that asset in a different asset. This helps in spreading the risk over a different asset class. The token issued by AWAX is an asset here. This is a big relief for investors since they don’t need to convert the tokens into fiat currencies. Exchanging cryptocurrencies for fiat currencies is not only hassle-prone but also expensive. Traders don’t need to tread that path at all. Usually, cryptocurrency investment generates a demand for fiat currency due to the need for exchange. With AWAX you don’t need fiat currency to invest every time. So there is no concurrent increase in the demand for fiat currencies. This is a departure from the system in vogue and this is the unique feature of AWAX.
Medium of exchange
Why do people need money? They need it to exchange it for items of utility or necessity. So money must have an exchange value, but cryptocurrencies don’t have it. Investors cannot use the coins to purchase something. This is where AWAX has tried to shed some light. Through this platform, you can invest in other assets such as exchange-traded funds, active coin managed funds etc. So you can invest in cryptocurrency, get the Proof Of Asset tokens from the AWAX system and invest these tokens in other assets such as real estate, coin managed funds etc.
Other features
The system has tried to address problems like counterparty risk, high volatility in cryptocurrency, trading restrictions etc through.
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