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Topic: Who or how does BitPay clear BitCoin? (Read 719 times)

global moderator
Activity: 3766
Merit: 2610
In a world of peaches, don't ask for apple sauce
June 26, 2013, 07:39:56 AM
#3
Many currencies in many banks all around the world.
That's probably it. If you have a sizable business in this sector, having such ban accounts is necessary.
hero member
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Web Developer
June 26, 2013, 02:05:16 AM
#2
Many currencies in many banks all around the world.
sr. member
Activity: 560
Merit: 250
June 25, 2013, 10:06:00 PM
#1
I'm wondering how does BitPay offer to exchange BitCoin for local currency? I know they can sell BitCoin on Mt.Gox for USD but what about what about other local currencies? Do they just then convert the USD into another local currency?

Does anybody know how it's done?
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