Most of the companies that carry out ICO collect their funds in Bitcoin, Ethereum, Litecoin and also in traditional fiat currencies such as the euro or the US dollar. The cryptocurrencies that are collected are generally converted and charged in a fiduciary currency of choice.
At the time of writing this report, the total amount of money collected from the UCIs has exceeded $ 3.45 billion, out of a total of 211 UCIs that took place this year.
Regardless of the amount collected in cryptography, you will face making payments in fiat money, either to your legal team, rent, other third parties or even to pizza deliveries late at night. While there are smart contracts, advertising and legal firms that accept payments in Bitcoin or other cryptocurrencies, for example, most third parties, not to mention probably their own employees, demand payment in local currencies.Bitcoin Wallet To Bank Account instant Payment - Cashout
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