Fiat
General
Government-issued currency like USD or EUR.
Fiat money is legal tender issued by governments and central banks. To move funds between fiat and crypto, use regulated providers and keep records for your reports.
Frequently asked questions
How do I move between fiat and crypto?
Use on ramps and off ramps at exchanges or payment providers. Verify limits and fees first.Why are transfers delayed sometimes?
Bank processing times, compliance checks, and weekends can slow settlement. Plan around these delays.What should I record for taxes?
Keep simple records of buys, sells, and transfers. Many providers offer export tools.