A cryptocurrency fiat balance usually refers to money that a user can use to buy and sell cryptocurrencies on an exchange. Unlike a cryptocurrency balance, which shows the amount of a particular cryptocurrency a user has, a fiat balance shows the amount of money in a traditional national currency such as U.S. dollars, euros, yuan, etc. To start trading on a cryptocurrency exchange, a user usually has to fund his fiat balance through a bank transfer or credit card. He can then use these funds ...