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devinus | 7 years ago

I'm late for this reply, but it completely depends on your use case. If you're just a normal user using cryptocurrency daily and you're most interested in the stability of value you could trade everything you receive for a "stablecoin" as it's known within crypto circles. This would effectively "lock in" the value. This is most effective using e.g. Nano since you can perform this immediately without worrying about transaction fees.

If you're unaware of that concept as a user but a fiat "off-ramp" exists (a way to turn your Nano into your local currency) you can immediately "cash out" whenever you receive a transaction.

If you're dealing with micro-transactions or payments in general then we're beginning to wade into the territory of imaging a secondary "off-chain" system of accounting and many strategies likely apply.

discuss

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atomical|7 years ago

Can you trade nano for a stable coin that is pegged to USD without an exchange?