What is Fiat Currency?

What is Fiat Currency?

If you've been seeing the term "fiat" on your Jupit app and wondering what it means, here's a simple explanation.

Fiat currency is the regular money issued and processed by traditional banks or financial institutions, like Naira (NGN), Cedis (GHS), and others. With your Jupit account, you can buy digital currency using your fiat balance. Additionally, you can sell digital currency to fiat and withdraw it to your bank within minutes.

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