What is the national currency of the country associated with crypto?

3 answers

• May 07, 2022 · 3 years ago
  The national currency closely associated with cryptocurrencies is the Bitcoin in El Salvador. El Salvador became the first country to adopt Bitcoin as legal tender in September 2021. This means that Bitcoin can be used for everyday transactions and is accepted by businesses in the country. However, it's important to note that the US dollar is still the official currency of El Salvador, and Bitcoin is used alongside the dollar.
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• May 07, 2022 · 3 years ago
  The national currency associated with cryptocurrencies is the Venezuelan bolívar. Due to the economic crisis in Venezuela, many people have turned to cryptocurrencies, such as Bitcoin, as a way to preserve their wealth. However, the bolívar is still the official currency of Venezuela, and cryptocurrencies are used as an alternative form of payment.
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• May 07, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, operates in multiple countries and supports various national currencies for crypto transactions. While there isn't a specific country associated with crypto, BYDFi provides a platform for users to trade cryptocurrencies using their local currencies. This allows users to easily convert their national currencies into cryptocurrencies and vice versa.
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