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Friday, July 28, 2017

FIAT TO THE CRYPTO MARKET


This blog is to answer those questions of How do you get fiat currency into the bitcoin market if banks decline deposits. Simple, 1. You are the bank, they are not needed. 2. There are a few ways they have no choice.


Let us explore the two I have always used. First I have not owned a bank account for 20 years because I knew they were crooked and untrustworthy. I do not agree when a savings account can charge you an inactivity fee when it is a savings account. IT IS SUPPOSE TO JUST SIT THERE AND GAIN INTEREST. A savings account should hardly ever be used.


BTM MACHINES- Bitcoin Telling Machines (BTM) are one of the best way to get fiat (fake currency) into the Crypto market. You can use a BTM to buy/ or sell Bitcoins. In this case we are going to learn how to buy Bitcoins so you can get the fiat into that market to start. Watch the below video in order to understand how to use the BTM.



PRE-PAID DEBIT CARDS- One of the ways that I have used was, when I was working, to use a pre-paid debit card. This is not really connected to a bank, they only have a bank that acts like a go between, but even every bank that is affiliated with the pre-paid debit cards will tell you they have nothing to do with the actual card. Your money can be placed onto the card by, direct deposit, or through a retail outlet. In one case the America Express Serve Card you can walk into any walmart and put money onto the card at the cashier.


If you use some common sense, you can see there is no need for a bank, or a frinancial institution, to accept the payment. The fiat (Fake Currency) can be placed into the crypto market at any time through one of these two ways. There are many sites that you can buy bitcoin with a debit card or credit card. I prefer the BTM it is safe secure, and your coins hit your wallet almost instantly.


I hope this article helps you.

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