virtual funds

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virtual funds

Simulated money. Applications that simulate investing and trading in the financial markets use virtual funds instead of real money. Electronic Monopoly-like board games also use virtual funds. See Bitcoin.
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According to the report, the global online gambling market enables players to use virtual money, which has reduced the burden and risk of carrying cash as in the case of real gambling activities.
During the game, Majid Al Futtaim will be converting players' virtual money into real cash and donate the money to Red Crescent to providing housing and support to victims of the earthquakes in Nepal.
Customers purchasing the vouchers on the bargain site Groupon discovered the virtual money had already spent by fast thinkers who had received the leaked email.
Virtual money won't ever overtake real cash, but knowing that you can bypass banks, can't be taxed on your Bitcoin earnings or have your assets frozen is really quite interesting.
After six weeks of training, a simulation conference for the real stock marketwill take place for three days, where participants are granted virtual money and are divided into investors, bankers and brokers for role-play.
The competition, run by ifs University College and supported by Bloomberg, provides teams with PS100,000 of virtual money to buy and sell shares in FTSE 100 companies.
Wildcat Currency: How the Virtual Money Revolution Is Transforming the Economy, by Edward Castronova, Tale University Press, 288 pages, $30
The students' investment strategies will involve trading on Saxo Bank's award-winning portal using USD100,000 in virtual money.
Key benefits of the MT4 platform for Mubasher's clients include free of charge download, availability for iPhone, Android and Windows-powered phones and opportunity to practice with virtual money on a demo account.
The GAO's classification of virtual currency systems reflects, to some extent, the evolution of virtual money--from closed-flow systems that do not have any relation to the real world to open-flow systems that allow users to purchase real goods and services with virtual money.
NOT MANY understand the concept of virtual money in our country of black money and hoarders.
It consists of betting on real World Cup matches, with odds provided by world's most famous professional bookmakers, but instead of using real money, players use virtual money to place their bets.

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