Usually there is a fee, or commission, when changing one currency to another. Does this apply to Virtual Currencies too? Is there also a time cost, i.e. how many business days are required when buying/selling a Virtual Currency?
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These questions depend on your provider. If you are making your own currency and have the resources to manage it, the fees and time costs are up to you. When you are using currency provided through a platform provider, they will set the terms of the transactions. |
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