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Has anyone tried to exchange EUR/USD/.. to bitcoins or bitcoins to EUR/USD/.. ? I haven't any bitcoins, so I can't test it, but I want to know how well it works
by shell0x 14y ago
Has anyone tried to exchange EUR/USD/.. to bitcoins or bitcoins to EUR/USD/.. ? I haven't any bitcoins, so I can't test it, but I want to know how well it works in practice.
- AndrewDucker 14y agoIncredibly easily. You simply go to an exchange and make a bid. Providing someone else has made a bid going the other way for a similar amount, you make the exchange.
- bsphil 14y agoThat's almost exclusively what people actually use Bitcoins for, outside of Silk Road stuff. There are so few BTC stores that it's hard to justify the value of it as a currency. It's like having a wallet filled with $100 bills at a row of soda machines.