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Introduction
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Technical Documentation
REFERENCE
Welcome to CoinBox Finance (CBFi) 👋
Non-Custodial Multi-Chain Asset Interface Management for Blockchain, DEFI's and NFT's
CoinBox Finance is a Non-Custodial Multi-Chain driven project platform and innovative features. The team experienced in providing blockchain services and DLT (Distributed Ledger Technology) since 2016, and we were early adopters when Ethereum started. Our team had a vision and strategy so that we could all be able to live by making full use of cryptocurrencies in our daily lives.
Non-Custodial
A Non-custodial wallet is essentially a type of blockchain-based assets wallet that lets users be their own custodial. It provides them complete control over their funds and on the associated private key.
Remember this golden phrase in blockchain technology:
"Not your keys, Not your coins"
CoinBox provides many benefits for investors, traders, merchants, and Blockchain fund managers. Click here to see a list of available "supported blockchains" for CoinBox Finance Mobile Wallet.
💚 Easy to Use
CoinBox Wallet is the ultimate Blockchain & Altcoins Management Interface, allowing you to discover every asset on the market, trade at the best rates, and manage your entire Coins portfolio from one place.
CoinBox integrates over 18 blockchain protocols, making it easy to find your tokens spread across multiple chains of platforms.
We also source liquidity from every major centralized & decentralized exchange, data aggregated provider and give you single-transaction access to real-time asset prices, liquidity pools, automated strategies, and DeFi access from protocols like Pancakeswap, Uniswap, and others.
🔮 Future Proof
Another benefit of our backend technology is the ability to switch and integrate to other new blockchains anytime in the future without changing anything in our backend. No one knows what the future holds, but the option to integrate is always there, and we're adding new blockchains all the time. Thanks to the technology provider Tatum that allows us to provide services with a faster solution instead of rewriting the blockchain integration from scratch.
🕸 Scalability
Today, the Bitcoin blockchain can do around 7 transactions per second (TPS), and the Ethereum blockchain can do approximately 15 TPS globally. That's not much. Plus, you have to pay enormous fees for each on-chain transaction. But what if you need to use it on the daily transaction and pay for the micro-payment transaction?
That's where off-chain Layer 2 technology steps in. To solve scalability and adoption issues, CoinBox has built-in unique off-chain technology. Thanks again to Tatum, which enables us to leverage Tatum's off-chain; our users can efficiently execute multiple transactions per second with any blockchain, including Bitcoin or Ethereum. All transactions are instant and feeless.
👩👩👧👦 Adoption
Introducing Merchant QR-invoices, P2P Marketplace, Referral Affiliate Reward, Token Creator, and NFT's product in Mobile makes it easier for new people in blockchain to start their journey.
Off-chain technology
Off-chain transactions refer to those transactions occurring on a blockchain network that move the value outside the blockchain. Due to their zero/low cost, off-chain transactions are gaining popularity, especially among prominent participants. Therefore, it can contrast off-chain transactions with on-chain transactions.
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