In the cryptocurrency space, the word fiat is used to describe traditional currencies as opposed to cryptocurrencies.

The word means “it shall be” in Latin, referring to the fact that traditional currencies are simply declared to be legal tender by governments and are rarely backed by anything.

1

XMXM

4.9 rating based on 1,168 ratings
4.9/5 1168
2

DerivDeriv

4.9 rating based on 144 ratings
4.9/5 144
3

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
4

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
5

LMFXLMFX

4.7 rating based on 92 ratings
4.7/5 92
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,449 ratings
1.9/5 4449
5

BitMEXBitMEX

3.8 rating based on 6,911 ratings
3.8/5 6911