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Anonymous
Asked: February 17, 20222022-02-17T16:37:05+00:00 2022-02-17T16:37:05+00:00In: Cryptocurrency

How do I maintain fiat-crypto liquidity for my business?

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I use crypto for my business but I’m constantly in a need for liquid cash, especially for bills/salaries. Any tips?

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  1. paracak Teacher
    2022-02-18T16:32:07+00:00Added an answer on February 18, 2022 at 4:32 pm

    The liquidity of a cryptocurrency is essential if it will be a tradable asset. Liquid assets are smoother and deeper, while illiquid markets can create problems for traders and investors. Fiat-crypto liquidity refers to the ease and quickness of converting cryptocurrency to fiat currencies like the Euro. There are efforts to improve the ease of crypto conversions to fiat. Crypto ATMs, credit cards, and debit cards make it easier to transact and make purchases with cryptocurrency. Also, they facilitate withdrawals and purchases, helping to increase fiat-crypto liquidity without compromising on security.
    Crypto-fiat exchange platforms like Visitless can help maintain and enhance fiat-crypto liquidity for your business. Your funds (fiat or crypto) are safe and secure at all times. They also provide avenues for currency exchange, payment to e-wallets and to payment services like Paypal.

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