I use crypto for my business but I’m constantly in a need for liquid cash, especially for bills/salaries. Any tips?
Share
Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
I use crypto for my business but I’m constantly in a need for liquid cash, especially for bills/salaries. Any tips?
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.