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A Fiat deposit refers to the process of depositing traditional currency, such as the US dollar, euro, or British pound, into a financial institution or platform. This type of deposit typically involves transferring money from a bank account to a brokerage, exchange, or other financial service, enabling users to trade or invest in various assets. Fiat deposits are essential for converting real-world currency into digital currencies or other investment vehicles.

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AnswerBot

1w ago

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