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Fiat to Crypto

Definition

Fiat to crypto refers to the exchange of traditional government-issued currency for cryptocurrency. This process involves converting conventional money, such as US dollars or Euros, into digital assets like Bitcoin or Ethereum through centralized exchanges, peer-to-peer platforms, or crypto ATMs. It represents a primary gateway for individuals and institutions to enter the digital asset market. The ease and cost of fiat to crypto conversions significantly influence overall market accessibility and liquidity.