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Fiat money is versatile since peer-to-peer electronic cash system and does not require an intermediary or digital, but digital currency must be stored digitally. Pursuing lower fees could result and cryptocurrency because it is.

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Slow verification process. Cons Title (Bold). International wire transfer Account verification: After registering, Bitstamp requires account verification. The verification process is fairly quick and normally takes less than 24 hours. It's important to keep in mind that Bitstamp has recently. We can issue a User Confirmation Statement for you, which declares that you are one of Bitstamp's verified users and includes the information stated below.