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Let's generate a CoinBox wallet account, address, and private key in 3 steps.
When creating your first CoinBox account, it will auto-create a wallet for Bitcoin, Ethereum, DDKoin, and 20++ other assets. The list of assets can be seen here: List of Available Assets. It will also generate each blockchain address and one private key for each coin. To add more tokens, you can add by entering the Smart Contract address for ERC20 and BEP20.
What is a blockchain wallet, mnemonic, and private key?
Like Bitcoin or Ethereum, major public blockchains use the terms wallet, mnemonic, and private key. What's does all this mean?
In one wallet, you might have many blockchain addresses. A blockchain address is similar to a bank account. In a public blockchain, the blockchain address, balance, and all the transactions to/from the address are known by everyone. Each blockchain address has a corresponding private key. Anyone with a private key can send digital assets from the blockchain address to another one. Therefore, it is crucial to keep your private keys secure.
Similarly, as a blockchain address has a corresponding private key, each wallet has a corresponding mnemonic. A mnemonic is sometimes called a "seed phrase" and represents a wallet. The mnemonic allows you to create a new blockchain address and corresponding private key in the wallet or recover a private key for a blockchain address that belongs to your wallet. Never reveal your mnemonic to anybody. Otherwise, you can lose all your funds.
To learn more about how public and private keys work, check out this article: https://www.mycryptopedia.com/public-key-private-key-explained/
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.
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.
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.
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.
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.
Source: https://www.investopedia.com/terms/o/offchain-transactions-cryptocurrency.asp
Step-by-Step Guide:
1) Sign up in the CoinBox Wallet Android or IOS (Coming Soon)
2) Join CoinBox Telegram Group and Telegram Channel
3) Subscribe to CoinBox's YouTube Channel.
4) Like the CoinBox Facebook page.
5) Follow CoinBox on Twitter.
6) Give your testimonials about CoinBox in TrustPilot
6) Submit your details on this Airdrop form.
7) You will receive 500 CBFi ($5) tokens.
8) For more details and questions about the airdrop, contact us.
9) You can spend your bonus of 500 CBFi tokens in the CoinBox ecosystem: reduce trading commissions, purchase, and make Merchant Payments.
Your private keys are your most valuable possessions in the blockchain space. Private keys hold information as to how many blockchain assets you have and what you can spend. If you lose your private keys or are compromised, you will never be able to get your coins back. Therefore, the most important part of working with blockchain and distributed ledger technology is securing your private keys.
CoinBox Finance Using Tatum KMS, an external tool to securely generate and store private keys and use them to sign transactions locally. This is the safest and most recommended way of working with private keys. The Tatum KMS was installed in the Deny-From-All environment to meet the highest security standards. It stores private keys on Azure HSM. The Tatum KMS only communicates with the Tatum API to fetch the pending transactions to sign. After successfully signing and broadcasting transactions to the blockchain, it marks the pending transaction as complete and adds the final broadcasted transaction ID.
🌈 Non-Custodial Multi-Chain asset-driven project platform. ✅
🏪 Merchant enabler for BTC and all tokens ERC20, BEP20, and Altcoins. ✅
📊 Full complete 11,000++ Crypto Market Tracking with REALTIME price and Calendar. ✅
👨👩👧👧 Virtual gather space with virtual booths, an arcade, theatre, NFT exhibition sessions, a help desk, online education, lounge area, conferences, or whatever else you can think of we can provide. ✅
📰 Get FREE real-time news feeds and articles from all major blockchain news portals.✅
⚙️ Layer 2 Off-Chain technology is implemented at the backend.✅
🌍 P2P Marketplace for top famous blockchain assets. ⌛
📦 Create Token ERC20, BEP20, CELO and DRC20 tokens in a few minutes. ⌛
👩👦👦 Earn Affiliate Referrals from P2P and Merchant transaction fees. ⌛
📊 Trading in DEX and participating in Liquidity Pool and Yield Farming. ⌛
To create your first CBFI Wallet you need to download CoinBox Wallet in Google PlayStore for Android version or IOS Store for IOS Version. CoinBox Wallet uses Tatum KMS Key Management System to empower the backend of the apps. CBFI Wallet Provides the highest security standards for working with private keys.
Tatum KMS an external tool to securely generate and store private keys and use them to sign transactions locally. This is the safest and recommended way of working with private keys. The Tatum KMS installed in the Deny-From-All environment to meet the highest security standards. The Tatum KMS only communicates with the Tatum API to fetch the list of the pending transactions to sign. After successfully signing and broadcasting transactions to the blockchain, it marks the pending transaction as complete and adds the final broadcasted transaction ID. It supports the distributed control mechanism, where pending transactions are controlled in Tatum, CoinBox Finance and the customer system device (Mobile Phone).
When creating CoinBox Wallet, you will receive a mnemonic, a 24 word-long string that you can understand as a password to our CoinBox wallet. Users can generate multiple addresses and the private key can be generated from a mnemonic. It is sensitive information and should not be revealed. Otherwise, you risk losing your funds.
Every wallet generated in CoinBox Wallet can hold an unlimited address for all available coins. Every user can create an unlimited address for any Bitcoin and Altcoins inside the wallet. CoinBox Wallet Pre-ready with 20++ blockchain assets and any Ethereum token ERC20 and Binance token BEP20 can be added manually by entering the "Smart Contract Address".
List of assets available in CoinBox Finance
CoinBox Wallet supports over 20++ blockchains and thousands of tokens in a single platform. Users can use all of them to store, swap, trading, staking, P2P, and generate QR-invoice for merchant payment. Assets can be easily switched anonymously real-time P2P (peer to peer) on public Orderbook and utilize multiple blockchains asset storing capability.
Latest Update by : 10th December 2021
Blockchain/asset
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FLOW
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In this section, you will find out how to create CoinBox blockchain accounts and send a crypto transaction.
Not every transaction should be recorded on the blockchain. To be more precise, almost no transaction is significant enough in and of itself to be stored on the blockchain. Why? Every transaction incurs a transaction fee to pay for the miner. And it makes no sense to pay, for example, $0.20 for a transaction worth $1 in bitcoin, including fees. This makes blockchain transactions unsuitable for micro-payments.
To avoid these types of transactions and the fees that come with them, the Layer 2 Off-Chain is an ideal solution introduced in CoinBox Wallet.
CoinBox Layer 2 Off-Chain is a universal Layer-2 solution that works as a backend to connect into any blockchain supported by Tatum.
It's extremely easy and efficient to utilize the private ledger to send instant transactions between ledger accounts. However, as a prerequisite, you must have at least two ledger accounts with assets on at least one of them.
Satoshi Nakamoto created the first blockchain Bitcoin were more than 10 years ago. Unfortunately, due to their age, they are not performant enough to handle the needs of modern applications. For example, Bitcoin can handle only 7 transactions per second, which is not nearly enough to meet current demand. As a result, transaction times have slowed to a crawl. Furthermore, as the number of pending transactions has increased, so has the cost of transaction fees, and paying for individual transactions has become completely impractical. It's ridiculous to pay, for example, $1 fees for a cent transaction.
This is where so-called "2nd layer solutions" come in. A 2nd layer solution dramatically increases the speed and reduces the cost of transactions. This is because transactions are not performed in the blockchain network itself but instead are executed on the second layer of the blockchain and synchronized to the blockchain periodically or upon request. Thus, it is possible for an application to live in the off-chain layer for 99% of its lifetime and only synchronize to the blockchain when required.
CoinBox Finance Wallet supports microtransactions. For example, you can send as little as 1/1000000 of a Satoshi for Bitcoin or 1/1000000 of a Wei of Ethereum inside the ledger.
Tatum creates an off-chain layer on top of its blockchain and ledger capabilities, combining the best features of both techniques. With off-chain methods, it is possible to connect specific blockchain addresses with ledger accounts, enabling the automatic synchronization of incoming blockchain transactions. It is also possible to group multiple blockchain addresses into a single ledger account, allowing the balance of all addresses to be viewed as one, which is very convenient for Bitcoin or other blockchains that require a new blockchain address for each incoming transaction. There are many more built-in off-chain features that we will talk about later.
Coinbox's layer 2 Ledger is a transaction that is settled immediately with no blockchain fee incurred. It is a transaction between two ledger accounts with the same account currency, i.e., Bitcoin accounts, Ethereum accounts, or any Altcoin enabled for Layer 2 Off-Chain.
Coming Soon
PDF FIles : https://coinboxfinance.com/assets/document/cbfi_ecosystem_product.pdf
PDF FIles : https://coinboxfinance.com/assets/document/cbfi_pitchdeck.pdf
PDF Files: https://coinboxfinance.com/assets/doku/coinboxfinancepresentationversion1086.pdf
PowerPoint Files: https://coinboxfinance.com/assets/doku/coinboxfinancepresentationversion1086.pptx
Turn any device into a functional (POS) point of sale for in-person Bitcoin and all Altcoins payment acceptance.
(POS) point of sale
A point of sale system, or POS, is where your customer makes a payment for products or services at your online/offline store. Simply put, every time a customer makes a purchase, they’re completing a point-of-the-sale transaction.
Create and display payment requests in the physical world on any device. CoinBox's simple in-person payment solution is perfect for micro-payment, retail, events, and activity is synced to your CoinBox Merchant Page.
Same day set-up - Quickly set up your store to receive in-person Bitcoin and all Altcoins payments.
Easy to use - Our payment solution makes it simple for businesses and customers to pay in Bitcoin and Altcoins.
High-speed settlement - With instant or near-instant settlement, you get your funds fast.
Compatible with all Bitcoin wallets - With CoinBox, you can accept payment from any Bitcoin wallet.
Guaranteed Bitcoin value - We lock the exchange rate to ensure everyone gets the expected Bitcoin value at checkout.
Step 1
Step 2
Step 3
Request Bitcoin
Accept Payment
Get Paid
Create a CoinBox payment request, and show it to your customer on your mobile device.
Customers initiate payment by opening their Bitcoin wallets and scanning the QR code.
Display the payment request to your customer. Get paid. Then receive your funds instantly.
🎟️ Admin: admin@coinboxfinance.com (General)
🆘 Support : support@coinboxfinance.com
📃 Listing : listing@coinboxfinance.com
🤝 Partner : partner@coinboxfinance.com
🏨 Merchant : merchant@coinboxfinance.com
🧑🤝🧑 CBFI Team : coinboxfinance@gmail.com
🌎 NFTian Virtual World : nftianorg@gmail.com
💻 Website: ( https://coinboxfinance.com/ )
💰CBFi Airdrop Starter Program Registration: ( https://coinbox.typeform.com/to/X0dRNgKx )
💰CBFi Airdrop Telegram Bot Registration: ( https://t.me/CBFI_Airdrop_Bot )
🏳️⚧️ CBFI Pinksale Listing Link : PINKSALE CBFI
Official Telegram Groups:
🗣️ New CBFI Telegram Group ( https://t.me/cbfi_official )
📣 Announcement Channel ( https://t.me/coinboxfinanceOfficial )
🥞 English - Old Group ( https://t.me/coinBoxEnglish )
🔮 Ecosystem Price Analysis Community Group ( https://t.me/coinboxpriceanalysis )
📻 Blockchain/Coins News Channel: ( https://t.me/CoinBoxFinanceNewsSignal )
Admins will NEVER send you a direct message. If anybody approaches you directly on e.g. Telegram pretending to represent customer support, please block them and report them as spam.
NEVER, under any situation, should you ever give someone your private key or recovery phrases. Immediately block and report anyone that asks for them.
CoinBox Finance - Medium: ( https://coinboxfinance.medium.com/ )
Guides - Gitbook: ( https://coinbox.gitbook.io/ )
🐦Twitter: ( https://twitter.com/coinboxfinance )
📘 Facebook Page : ( https://www.facebook.com/coinboxfinancedotcom )
📘FB Q&A Group : ( https://www.facebook.com/groups/306564854072929/about )
📘FB Group Support1: ( https://www.facebook.com/groups/301871374678352/ )
📘FB Group Support2: ( https://www.facebook.com/groups/131058299007528 )
🎬 Youtube Channel: ( https://www.youtube.com/c/CoinBoxFinance )
👨💼 Linkedin: ( https://www.linkedin.com/company/coinbox/ )
Github: ( https://github.com/CoinBoxFinance )
A reliable Bitcoin and more than 20++ Altcoins payment rail for e-commerce businesses. Turbocharge your business by accepting online payments, real-time, borderless, and transparent payment with blockchain technology.
A great checkout experience for payers - CoinBox Merchant offers a smooth, straightforward checkout experience across desktop and mobile. It’s designed to be fast, secure, and ready-to-use.
Fewer fees compare to regular blockchain transactions - You get all of the benefits of CoinBox Layer 2 Off-Chain Layer 2 powered payments, including supported by ERC20, BEP20, and DRC20 tokens asset.
Easy setup and easy to use - Sign up for the CoinBox Wallet account and generate QR-Invoice from your merchant page to get started.
Receive bitcoin payments in minutes - Create QR-Invoice for payment request and send it to the person who will make the payment. We can track the status of the invoice for pending and once payment is complete, it will update your merchant balance and receive funds near-instantly.
Underpayments - CoinBox helps you resolve underpayments. Accept, refund or request full payment right from your Merchant page.
Overpayments - We flag any overpayments so that you can notify customers and refund them the difference.
Regulatory Compliance - CoinBox wallet acts as a UI (User Interface) to allow users to access blockchain assets that are open source and decentralized. CoinBox does not accept any deposits and does not hold user assets. Users are responsible for managing on their own custodial.
Option to choose which Coins to accept - Toggle between multiple chain assets and tokens for receiving the payments.
QR code scan - Scan the QR code to complete payment. Settlement is instant or near-instant.
Track payment status - Track payment status in real-time right from your CoinBox Merchant page.
Optimized bitcoin payments and payouts
Accept instant payments from anywhere. Fund global payouts in crypto with local currency values.
Accept bitcoin payments from anywhere with payment buttons, hosted checkouts, e-commerce plugins, and CoinBox Merchant powerful API. Programmatically send funds to anyone in either bitcoin or their local currency instantly & on-demand.
Receive payment in Bitcoin and more than 20++ Altcoins in local currencies values like USD, EUR, GBP, SGD, MYR, BND, THB, PHP, IDR, JPY, CNY, and more.
Seamlessly convert between Bitcoin and Stable Coins automatically at the time of the transaction with locked exchange rates or on-demand.
Merchants can choose from thousands of blockchain assets to create QR-Invoice for payment requests in local currency values.
List of local currencies
Convert to your preferred Stable Coins at the time of the transaction to avoid Bitcoin and Altcoins price changes.
Convert settled funds to/from Bitcoin and Altcoins anytime. Hold funds in your preferred Stable Coins and optimize funds transfers.
Convert Bitcoin instantly or schedule conversions in advance. Hold funds in your preferred Stable Coins to secure the values.
We’re expanding our exchange relationships and adding new coins and on-demand local currencies. Don’t see your coins or any currency you need? Get in touch with us directly at EMAIL: coinboxfinance@gmail.com
CBFi is a new project that comes with a unique concept. CBFi recently announced its new referral campaign which rewarded a maximum 60% fee generated to the referrals. In this Affiliate program, every CBFi user invites their friends to download the CBFi app and after download if the referral has conducted a transaction, then you will be earning crypto as a reward.
The principles of the Affiliate Program are to give the opportunity to make widespread adoption to your friends and community to introduce blockchain assets Bitcoin and Altcoins.
It gives anyone, anywhere in the world a great opportunity to earn a daily passive income through referral links by bringing adoption to the masses. We managed to create Rewards for “Merchant Transaction” and "P2P transactions" of all coins by doing the implementation of Layer 2 backend in CoinBox Wallet.
Each user can generate a personal referral link and invite their friends to join the CBFi community and earn.
Here are the simple steps on how to earn a referral :
1. Download CoinBox Wallet App or update your CoinBox Wallet App to the latest version.
2. Get your Introducer Code and Open your CoinBox Wallet App to activate.
3. Go to Dashboard and click on Activate Referrals.
4. Copy your link and share it with friends! Simply make sure that your friends are downloading CoinBox Wallet to a new device, and creating a new account.
5. You can track any transaction made by your group and enjoy earning up to 5 levels from Merchant, P2P, and Membership.
6. Earning received is not only 1 coin but multi-coins depending on the transaction made by your downline.
CoinBox Wallet also gives you the ability to instantly track all your referrals and commissions directly in the app, where you can track:
Your total commissions
Total Merchant, P2P, and Membership conducted by your referrals
Your total referrals
Your Referrals
Free Users
Booster Activated
Members Activated
Booster & Membership Activated
1st Level
1%
1%
30%
30%
2nd Level
N/A
1%
N/A
10%
3rd Level
N/A
1%
N/A
10%
4th Level
N/A
1%
N/A
5%
5th Level
N/A
1%
N/A
5%
Helpful Links
Github reference for Referrals
Download the CBFi App
Join us on Telegram to discuss with the CBFI Community
Guide to visit Virtual World to attend Crypto Class and get the latest information
Guide to referring new users to download the CBFi App
CoinBox Finance Token (CBFi) is a BEP20 compliant token issued on the Binance Smart Chain platform and ERC20 compliant token issued on Ethereum Chain and DRC20 compliant token issues on DDK SmartChain. CBFi will be a token that can be moved into multiple chains (interoperable) using CoinBox Multi-Chain Bridge as the solution.
Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from any government-backed fiat currency, DeFi creates decentralized financial instruments different from traditional centralized institutions.
Most DeFi platforms take the form of decentralized apps, known as Dapps. These Dapps use a series of smart contracts to automate financial transactions, making them faster, more efficient, and often more affordable than their centralized counterparts. Likewise, because Dapps are governed by computer code, which is inherently neutral, there is no issue of bias.
If the total circulating supply of a token is constantly being reduced to the predetermined amount, then that token we call a Deflationary token. On the other hand, inflation is adding more of that token to its circulating supply. Therefore, all fiat currencies that are government-issued currencies are inflationary.
In the world of cryptocurrencies, deflation is subject to tokens or coins, and their value will fundamentally increase relative to national currencies. Therefore, in the case of deflationary cryptocurrencies, the constitutional premise is to gradually reduce the existing number of available tokens by eliminating them from the market in a process that is generally called token burning.
CBFi implemented a 1% burned on every transaction and 2% Liquidity Provider (LP) Support from every Transfer transaction in the blockchain to implement deflationary token models, which provide unique opportunities to long-term holders.
CBFI token features :
✅ CBFI is used as Booster for Affiliate Rewards in CBFI Wallet.
✅ CBFi token enables P2P traders to cut maker/taker fees on Coinbox P2P Mobile apps.
✅ Discounts for listing your offline/online store in CoinBox Merchant Premium Mobile apps.
✅ Discounts for using CoinBox Token Creator to create new ERC20, BEP20, CELO and DRC20 tokens in Mobile apps.
✅ $BUSD Reflection Token. 2% BUSD Return to holders.
✅ 1% from fees blockchain transaction will be burned forever into 0x0000000000000000000000000000000000000000 for public verification burning.
✅ 2% Support the Liquidity Provider (LP).
✅ Earn as Liquidity Provider in CBFI Yield Farming.
✅ Cashback in CBFi for creating NFT’s and listing in CoinBox NFT’s Marketplace for sale.
✅ NFTian Bubble Eggs with NFT Staking and Yield Farming.
✅ Participate in Pancakeswap Liquidity Pool.
✅ Participate in new projects through crowdfunding.
✅ CBFi Charity to help people in need and donate to select charities that the CBFi community can vote on.
👉 KEY TAKEAWAYS ABOUT CBFI PUBLIC SALES ALLOCATION
Token Name : CoinBox Finance
Token Symbol : $CBFI
Chain : First Phase = BEP20. Next Phase = ERC20, CELO, SOLANA and DRC20
Total Supply : 10,000,000,000 CBFI
Seeds Price : $0.0007 (Locked Vesting 10% every 30 days for 10 months)
Presale IDO Price : $0.001 (Locked Vesting 25% every 7 days for 1 month)
Listing DEX Floor Price : $0.0015 ( No Discount )
Participant
Allocation %
Vesting Schedule
Seed Investors
8% - 800,000,000
First Release After Listing (days) : 30 days
Tokens release each cycle : 10% every 30 days for 10 months.
Public Allocation (Will burn unsold tokens)
20% - 2,000,000,000
First Release After Listing : 25%
Tokens release each cycle : 25% every 7 days.
Yield Farming Allocation (Uniswap, Pancakeswap, and other DEX's)
27.5% - 2,750,000,000
Yield Farming RESERVED
Marketing & Growth
15% - 1,500,000,000
First Release After Listing (days) : 30 days
Tokens release each cycle : 5% every 30 days for 20 months.
Ecosystem & Partnership
10% - 1,000,000,000
First Release After Listing (days) : 30 days
Tokens release each cycle : 5% every 30 days for 20 months.
Foundation and Charity
2.5% - 250,000,000
UNLOCKED
Team
10% - 1,000,000,000
First Release After Listing (days) : 100 days
Tokens release each cycle : 5% every 30 days for 20 months.
Reserve : Market Maker, Exchanger & Liquidity Provider
5% - 500,000,000
UNLOCKED
Airdrop & Bounty
2% - 200,000,000
UNLOCKED
In this section, you will understand the concept of the CoinBox Layer 2 Off-chain technology. We developed a solution using the power of our providers Tatum Ledger and the custom-built CoinBox Off-Chain solution to offer reduced fees and instant transactions for CoinBox users that powered our Merchant, P2P Marketplace, and assets transfer transactions.
You need a wallet that supports the BSC smart chain and ETH Chain. CBFi Wallet is a multi-chain asset that enabled you to log in to multiple wallets and a certain amount of BNB tokens and ETH to pay for the network.
CBFI wallet can also import your METAMASK and TRUSTWALLET accounts using a Private Key
Easy to accept payment FOR more than 20++ coins in less than few MINUTES
Get paid at the speed of Lightning
Protect your business and secure your revenue
Go Global and Borderless
Turbocharges you business by accepting Bitcoin and all ERC20, BEP20 and DRC20 token for payments.
Settle Bitcoin and all other Altcoins payments with fewer fees than usual and instantly process through the CoinBox Layer 2 Off-Chain solutions.
Say goodbye to centralize wallet, fraud, and chargebacks. Instead, we transfer real value and always keep your data safe.
Use Bitcoin and all other Altcoins for fast, secure, transparent, and borderless payments.
CoinBox combines a full-service Merchant with QR Invoice, an intuitive point-of-sale (POS) app for merchants, seamless solutions, non-custodial end-user app.
We apply the most sophisticated technology in Layer 2 Off-Chain solutions to reduce miner fees and enable percentage (%) based fees suitable for micro-payment business and create widespread use of Bitcoin and Altcoins.
CoinBox Wallet is the easiest, fastest, and most secure method for any business to accept payments in blockchain assets.
Coinbox aims to drive the use of blockchain in day-to-day trading by providing seamless solutions on well-known chains like Bitcoin, Ethereum, Binance, and widely growing Altcoins like XRP, DogeCoin, DDK, Link, TRON, Vet, and few others.
All powered by CoinBox Layer 2 Off-Chain Technology.
We offered 0 fees for users to generate QR-Invoice and request payment in blockchain assets.
Settle instantly in Bitcoin, Stable Coins, or Altcoins, and transfer funds anytime.
Choose to settle in Bitcoin, your local currency, or a mix of both. Then, transfer funds to your bank account or external Bitcoin wallet automatically or on-demand. With CoinBox, you decide.
Supported currencies - Choose from more than 10 lists of currencies values
Automatic conversion - Convert to Stable Coins at the time of payment and avoid Bitcoin price changes.
On-demand conversion - Convert account funds to/from Bitcoin right from the dashboard, so you always hold funds in your preferred currency values.
Stay in control of your payments. For example, split between Bitcoin and Stable Coins or Altcoins.
For each payment, keep a percentage of settlement funds in Bitcoin and automatically convert the rest to Stable Coins. Manage your exposure to Bitcoin price changes and update your settings at any time.
Create professional invoices with our billing templates.
Professional, itemized invoices businesses can track. CoinBox makes it simple to request payment in bitcoin and all other cryptocurrencies. In addition, businesses of all sizes can send custom, itemized B2B and customer invoices for goods, services, and subscriptions.
Qr-Invoice
It is a method where payment is performed by scanning a from a . This is an alternative to doing electronic funds transfer at the point of sale using a .
Locked exchange rates - CoinBox protects businesses and payers from bitcoin and all other crypto price changes. We calculate the bitcoin denominated amount when payment is initiated, not when an invoice is first received. So before the payers make payment, the invoice will have different crypto units and fluctuate according to the current price of the crypto.
Instant settlement - Settlement using traditional payment providers can take days. However, payment of CoinBox invoices is effortless, and settlement is instant (off-chain Layer 2) or near-instant (on-chain).
Easy accounting - Need a complete record of your payment data and check the price history in crypto and local currencies? CoinBox helps you keep on top of your accounting by letting you download your transaction details in standard, usable formats.
Token Address :
Pinksale IDO Launchpad :
Listing DEX :
used CBFI
Balance is BURNED into
Payment Requests
Automatic Conversion
Account Funds
Funding Payouts
Merchants can choose from 190+ source currencies to create bitcoin payment requests.
Convert to your preferred local currency at the time of the transaction to avoid bitcoin price changes.
Convert settled funds to/from bitcoin anytime. Hold funds in your preferred currency and optimize funds transfers.
When you deposit local currency, CoinBox converts to bitcoin when payouts are initiated to provide price certainty.
Bitcoin & Altcoins
Stable Coins
Instant or near-instant
No chargebacks, no fraud
Keep your funds in blockchain assets, especially Bitcoin. The world’s best digital currency is also the last decade’s best performing store of value.
CoinBox supports conversion from bitcoin to Stable Coins at the time of payment or anytime after settlement.
Settlement using traditional payment providers can take days. With CoinBox, you receive funds immediately.
Protect your revenue. Payers initiate Bitcoin payments, so fraud is virtually eliminated.
Step 1
Step 2
Step 3
Create a custom invoice
Send your invoices
Get paid
Just add customer details, amount and due date. You can also include taxes or discounts.
Email or text your invoice as a link or PDF, right from your Merchant Page.
In bitcoin and all other cryptocurrencies on your own, choose local currencies values. Settlement is instant (off-chain Layer 2) or near-instant (on-chain).
Fast - Instant or near-instant settlement.
Benefits without the risk - No fraud and no chargebacks. You control your business’s exposure to Bitcoin and Altcoins.
Global - Compatible with every non-custodial blockchain wallet. Easily reach customers around the world.
Conversion - From Bitcoin to most major Altcoins.
Low cost - Fair fees and fewer hoops to jump through save your business time and money.
Final - No need to worry about payment reversals. Once payment is complete, that’s it.
CoinBox provides complete integration support for developers :
Guides
API Documentation
Dev and test environments
Hosted Checkout
Technical Support
Contact us admin@coinboxfinance.com for more info.
Here is a place to see the fees available in the CBFI Wallet
You need a small amount of Native Chain assets to initiate transactions transfer of assets using CoinBox Finance wallet.
These transaction fees are set based on the network, so if you use a network like Binance Smart Chain and need to transfer BEP20 tokens, you need BNB for the fees, and you need ETH to make a transfer for any ERC20 Ethereum tokens.
For Ethereum, this website can be used as a reference, and for Bitcoin, this website can be used. We use the API to allow the average real-time feed fees to users when they want to make a payment.
Similarly, when you transfer token cUSD or token cEuro you need CELO fees to make the transfer. You can click the following link to see what Native Assets are required when making a transfer.
When you send Ethereum transfer tokens to interact with smart contracts, you need to pay ETH as the transaction fees.
In Ethereum, the higher the transaction fees you give, the faster the transaction will be packaged. CoinBox Finance provides a slider function that can quickly adjust the transaction fees.
Merchant Fees: +1% for each invoice.
Example 1 :
BNB BEP20 $100 invoice: 0.25498 BNB
BNB BEP20 $100 including +1% fees : $101 (0.25767 BNB)
+1% fees : 0.00269 BNB
0.001614 BNB will go to AFFILIATE REWARD (60%)
0.001076 BNB will go to CBFI ECOSYSTEM (40%)
Example 2 :
USDT $100 invoice: 100 USDT
USDT $100 including +1% fees : $101 (101 USDT)
+1% fees : 1 USDT
0.6 USDT will go to AFFILIATE REWARD (60%)
0.4 USDT will go to CBFI ECOSYSTEM (40%)
Example 3 :
ETHEREUM $100 invoice: 0.03643 ETH
ETH $100 including +1% fees : $101 (0.03681 ETH)
+1% fees : 0.003643 ETH
0.0021858 ETH will go to AFFILIATE REWARD (60%)
0.0014572 ETH will go to CBFI ECOSYSTEM (40%)
P2P Fees: Maker fees 1%, Taker fees 4%
Fees will only distribute for the SUCCESS matching orders.
CoinBox Finance P2P charges a 1% maker fee (the person who posted the offer) and a 4% taker fee (the person who responds to the offer).
Sell Offer:
If you make an advertisement or offer to sell 1 BTC at 7000 USD/BTC seller, need to pay an extra 1% which is 1.01 BTC.
your actual receiving price is 7000 USD, and the displayed price in the ads is
7000 + 1% * 7000 = 7000 USD.
When buyers take your offer, they will pay the displayed price of 7000 USD. You will receive that 7000 USD in exchange for (1 BTC + 1% * 1 BTC) = 1.01 BTC
1 BTC will go to the buyer, and 0.01 BTC is the trading fee.
Buy Offer:
If you make an advertisement or offer to buy 1 BTC at 7000 USD/BTC, your actual paying price is 7000 USD/BTC, including 4% fees, and the displayed price in the ads is = 7000 USD.
When someone sells bitcoin to you, you will pay = 7000 USD,
and receive (1 BTC - 4% * 1) = 0.96 BTC.
Therefore you pay 7000 USD/BTC for 1 BTC and minus -1% ( 0.04 BTC) as the trading fees and receive 0.96 BTC.
The trading fee, in this case, is 4% of the total BTC amount.
Coming Soon
Coming Soon
Coming Soon
Blockchain-based asset instruments have become a global phenomenon in recent years. Various industries are benefiting from the convenience of the technology and P2P exchange capability it provides.
Peer-to-peer exchanges allow individuals to move currencies from their accounts to the account of others without having to go through an intermediary and eliminate middlemen. P2P networks rely on digital transfers, which in turn depend on the availability of an internet connection. This allows individuals to use computers as well as mobile devices, such as tablets and phones, to match each other on the P2P marketplace and orderbook.
With this in mind, CoinBox Finance is proposing to develop a P2P Marketplace platform where the users of the system can send and receive coins through Mobile Phones from the comfort of their homes without having to rely on 3rd party.
CoinBox P2P offers complete security to users by creating a Non-Custodial P2P platform without depositing your assets to any centralized party for you to sell/buy. Anyone who has sufficient asset balance in the wallet can create ads for sale, and also users can create ads to buy coins P2P through Orderbook technology in an open and transparent manner.
P2P Marketplace
The sellers will be able to create Ads and the buyers will be able to view and select them before making a purchase. The seller's wallet amount will be stored in an escrow account and the system will wait for payment confirmation before transferring it to the buyer account.
To create wider adoption of Blockchain and Altcoins, We offered 0 fees for users to generate QR-Invoice and request payment in blockchain assets.
Click HERE To look at the list of assets accepted for Merchant.
We provide instant, low-cost, simple, automated, cost-effective Bitcoin and Altcoins infrastructure to enable payouts across the globe.
From one-off outgoing payments to mass payouts, we help businesses transfer value – and avoid slow, overpriced fund transfers. CoinBox powers all types of outgoings, including payroll and supplier payments.
Safe and compliant - Secure your own custody and compliance practices your business can depend on.
Instant - Recipients receive payment instantly (Layer 2 off-chain) or near-instantly (On-chain).
Automated - Initiate bitcoin payouts from your dashboard or programmatically using our API.
Low cost - CoinBox charges low transaction processing fees, with no hidden charges.
Fund payouts for free
Initiate payouts
Instant, low-cost settlement
With Bitcoin
Right from your Mobile Wallet
Empower recipients
and all other Altcoins
Programmatically using our mass payout API
Support business partners and service providers
24/7 support - From onboarding to payout execution, get help when you need it.
Tracking and reporting - Clear, detailed payout tracking and reporting, right from your dashboard.
Support for recipients - CoinBox can onboard your recipients and support transfers in most major currencies.
Built-in fraud protection - Regular monitoring flags potential irregular activity.
Secure custody and transfer - CoinBox supports best practice security protocols.
The user will be able to view all the ads listed on the platform.
Buy Coin
Sell Coin
The user will be able to select an Ad and can view the Ad details.
The user will be able to chat with the Ad owner.
The user will be able to make a sell/buy request based on the Ad.
Buy Coin
The buyer will be able to make a buy request
The seller will receive the request
If the seller accepts the request, then the buyer will receive a notification to make a payment.
The buyer will make a payment outside the platform.
The seller will receive the payment once it confirms the payment.
Sell Coin
The seller will be able to make an offer to sell their coin to a buyer's ads.
The user will be required to provide the details regarding the coin they are offering.
Type of coin
Amount of Coin
Price of coin
If the buyer accepts the offer, then the seller will transfer the coins to the escrow account.
Once the payment has been received, the seller has to confirm the payment, and the Escrow will automatically transfer the coin to the buyer's wallet.
Create Ads
The user will be able to select the type of Ads
Sell Coin
Buy Coin
The user will be required to provide the details regarding the coin
The user will be able to provide the price information
Active Ads
The user will be able to view all active Ads created by them
The user will be able to edit the Ads
The user will be able to deactivate the Ads
The user will be able to view all the requests received for their Ads.
Sell Coin Ads
Purchase Request
Users will be able to view the purchase requests
User will be able to accept/reject the request
Once the user accepts the request, the coin will be deducted from the wallet to the escrow account.
Payment Confirmation
User will be able to confirm the payment received from the buyer
Once the payment is confirmed, the coin will be transferred from the escrow account to the buyer's wallet
Buy Coin Ads
Sale Request
The user will be able to view the sale offers from the sellers
The user will be able to accept or reject the offer
The coins will be transferred from the seller's wallet to the escrow account
Once the seller confirms the payment, the coins will be transferred to the user's wallet
Payment Confirmation
User will be able to confirm the payment received from the buyer
Once the payment is confirmed, the coin will be transferred from the escrow account to the buyer's wallet
Third-Party Integration
Purchase Request
The user will be able to send one to one messages to the buyer/seller
The user will be able to raise a dispute
Funds transfer confirmation - The seller/buyer will be able to raise disputes for funds transfer.
The seller will be able to raise an appeal when waiting for the amount to arrive in the bank account or any method accepted by the seller.
The buyer will be able to raise an appeal when waiting for the coin to arrive.
Payment Confirmation
User will be able to confirm the payment received from the buyer
Once the payment is confirmed, the coin will be transferred from the escrow account to the buyer's wallet
Visit here: https://markets.coinboxfinance.com/
Complete REALTIME Crypto Calendar: https://markets.coinboxfinance.com/en/calendar
All DeFi coins and projects: https://markets.coinboxfinance.com/en/defi
REALTIME Newsfeed: https://markets.coinboxfinance.com/en/crypto-coins-news-headlines
Fear & Greed index: https://markets.coinboxfinance.com/en/fear-and-greed-index
Crypto Dictionary: https://markets.coinboxfinance.com/en/crypto-dictionary
Cryptocurrency Converter: https://markets.coinboxfinance.com/en/cryptocurrency-converter
High/Low & ATL/ATH : https://markets.coinboxfinance.com/en/high-low-crypto-currencies
Price Widgets: https://markets.coinboxfinance.com/en/cryptocurrency-widgets
BlockFolio: Virtual Account trading for all coins and all top 100 exchangers. ⚡
A wrapped token will be created for the DDK coin on the ETH chain and the Binance Chain.
The wrapped token will peg the value of the DDK coin
The token will be listed in the decentralized exchange of the ETH chain and the Binance Chain for pairs of EDDK and BDDK.
Connect Wallet
The user will be able to connect any of the following wallets
Metamask
Binance Chain Wallet
Fortmatic
Trust Wallet
CoinBox Wallet
Tunnels
Users will be able to convert tokens from Binance Smart chain to Ethereum and vice versa
Users will be able to select the token they want to convert
■ EDDK
■ BDDK
Users will be able to enter the amount of token they require to swap
The entered number of the token should be present in the user's wallet
On initiating the transfer function, the tokens will be deducted from the wallet, and swapped tokens will be added to the wallet
The platform is designed to provide a secure and scalable platform to engage and interact with users. Considering these requirements, we have identified microservices-based architecture will be the ideal fit for the application. The reason for choosing this architecture is as follows:
As there will be multiple components and modules that need not be coupled together and should be developed in parallel, microservice architecture can make this happen, and a single team can manage one service, thereby making development parallel and fast.
When a new module wants to add to the existing system, it should be developed and deployed independently without affecting the existing application.
Differents modules and services, such as wallet management, event management, etc. which need to work independently and will require different technology changes to make this happen.
All the data will be abstracted, and a greater level of isolation can be obtained using this type of architecture.
The application will be based on the microservice architecture. All the connections will be interfaced by a Load Balancer which will be responsible for distributing the load across multiple instances based on the load on each service. There will be a firewall enabled in the Loadbalancer and thereby regulating the type of request coming into the servers.
Once the Load Balancer chooses an activity zone, the request will reach an API Gateway. API Gateway acts as a reverse proxy that helps in routing requests from clients and services. API Gateway also helps in choosing the service to redirect the requests to based on the service registry. Some of the other functionalities of API Gateways are requesting, throttling, authentication, etc. An Authentication Server is used for authenticating users in the application, using OAuth 2.0 authentication protocol, and JWT will be issued; this JWT will be used to authenticate the API calls coming into the system. After the authentication, the API Gateway will redirect the request to the service based on what actions need to be done. All the services will have a REST interface to which the internal routing of requests is done. The data persistence of each service is the responsibility of the service itself.
Certain actions cannot be done in real-time and need to be queued for future implementation. We will be using an AMQP based message queue to handle the asynchronous tasks and will also be used to share tasks or information between the services as well. The queue will be a pub-sub model, and services will publish to the queue and then subscribe from them; Apache Kafka can be a good example.
The static content, such as the frontend, will be served using a CDN (Content Delivery Network), and the files will be served to the network using a static file storage system. The main advantages of using a CDN are performance boost in delivering static content like HTML pages, images, videos, etc. Another major advantage is that it takes the overhead from the application server to serve these files, thereby enabling the servers to cater more API calls.
External components of the architecture are the Binance Node and Ethereum Node, which will host the Smart Contracts that host the functionality for the token conversion from one network to another by burning and minting the respective tokens.
The solution comprises developing a P2P Bitcoin and Altcoins marketplace platform, where the users will buy and sell any choice of their coins. Some of the main modules of the platform are listed below.
CUSTOMER MODULE
The user will login to their wallet with the platform to act both as a seller and buyer. Seller will be having the functionality to create an Ad for selling the coins. As a seller, the user will receive purchase requests from the buyers. Once the request is accepted, the coins will be transferred to an Escrow account, and when the seller confirms the payment, the Escrow will automatically transfer the coins to the buyer's wallet. The platform allows the users to communicate with each other through messenger. Users will be able to raise disputes regarding the transactions.
The project's overall scope comprises developing a tunnels/bridge platform, where the users will be able to swap their tokens from the ETH chain to Binance Chain and vice versa. There will be a wrapped token created for DDK coin on the ETH chain and the Binance Chain. The wrapped token will be able to peg the value of the DDK coin.
This wrapped token can be listed and use in the decentralized exchange and DEFI apps of the ETH chain and the Binance Chain. The swapping will be possible in between the EDDK and BDDK tokens. The user will be able to connect their MetaMask, TrustWallet, and CoinBox Wallet to the platform. The platform provides the functionality to migrate tokens from Binance Smart chain to Ethereum and vice versa.
Users will be able to select the token they want to convert and its amount. Next, users will be able to select the token to which they wish to convert; once the token is selected, users will view the amount of new token they will receive. Once the transfer function is initiated with the miner fees on the particular chain, the tokens will be converted and deposited in the user wallet.
Get FREE real-time news feeds and articles from all major blockchain news portals that CoinBox News has integrated into your Mobile Phone.
There are two ways to access the news :
1) Go directly to our CoinBox Finance Blockchain/Coins News-Telegram Channel:
2) Download CoinBox Wallet and visit page "News".
3) Visit our and click on News Page .
1) cointelegraph :
2) financemagnates :
3) cryptonewsreview :
4) bitcoinmagazine :
5) coinrepublic :
6) yahoofinance :
7) ccn :
8) theblock :
9) 99bitcoins :
10) bitcoinist :
Project name: CBFi Virtual World 1st Phase ( Ready )
1) CBFi Virtual Office Space
2) CBFi Virtual Valley
2nd Phase ( In-Progress )
3) CBFi Virtual Islands Conference + New Year 2022
4) CBFi Virtual Space Mars Expo
5) CBFi Virtual Metropolis Cryptoverse
Link to Enter Virtual World : (Click ENTER NOW)
Map 1st Phase & 2nd Phase :
11) bitcoin.com :
12) ethnews.com :
13) cryptovest :
14) cryptoinsider :
15) livebitcoinnews :
16) newsbtc :
17) coinspeaker :
18) trustnodes :
19) themerkle :
20) cryptopotato :
21) blockworks :
22) cointelligence :
23) ethereumworldnews :
24) ambcrypto :
25) cryptobriefing :
26) cryptoslate :
27) okexinsights :
28) dailyhodl :
29) chaindd :
30) cryptonewsz :
31) coinpedia :
32) decrypt :
33) chaintimes :
34) cryptonews :
35) weisscrypto :
36) cryptocoinnews :
37) seekingalpha :
The platform will be customized so the users can mint the single edition NFTs with locked BEP20 tokens. When minting new NFTs(721) the users can lock BEP20 tokens where they can include X units of CBFi token and BDDK to be locked on the smart contract. We're exploring a new compliance code NFT ERC998 as a new solution.
The CBFi tokens or BDDK that have been pledged to the NFT will be locked forever on the artwork until it creates a BURN transaction. If the NFT is sold/transferred to another user, then the pledged tokens will be locked in the NFT and when the NFT is staked by the buyer who has the current owner of the NFT will get the staking rewards(LUK tokens). If the new user who has ownership of the NFT burns the NFT, they will receive the pledged tokens of that specific NFT.
All the Single edition BSC-NFTs (721) created on the NFT platform can be staked at the launchpad and receive a new BEP20 (LUK tokens) as rewards.
The staking reward is based on the floor price of the pledged CBFi tokens against the staked NFTs. The users can only stake single edition BSC-NFTs(721). The LUK tokens that are worth the equivalent price of the CBFi tokens will be given as rewards for the staked NFTs.
The platform will have a 2-level on-chain referral program based on the selling of the NFTs. Every user/wallet address in the platform will be associated with a unique Referral ID. The new users can add this referral ID to their account and perform transactions(Selling NFTs). The NFTs that are sold by the referee, the 2-level referrers will receive the commission. The commission that comes from the Royalty or when selling an NFT. This is a 1-time referral income on every NFT being sold by the referee).
CoinBox NFT is a Binance Smart Chain, Ethereum and MATIC Collectible-backed NFT Marketplace based on the latest NFT Code ERC-998 is an extension to the ERC-721 standard that adds the ability for non-fungible tokens to own other non-fungible tokens and ERC-20 tokens. The platform offer design of various Collectibles that plans to tokenize to raise funds for the production through NFT Staking. Investors who purchase the NFT will earn unlimited opportunities for ownership of the project/product/asset.
The tokenized Non-fungible Tokens (NFT) will be listed on the marketplace, where each token value will be proportional to the value of the Collectibles. This invention is the first of its kind in the NFT market. What will be produced by artists and users on board on our platform will create a new history together.
The platform will be able to mint NFTs in multiple chains. The platform will support ETH, BSC and MATIC. The contracts will be deployed for all three blockchains, and creators will be able to choose the blockchain they want the NFT to be minted at the time of minting the NFTs.
Smart contracts are algorithms that execute in our platform automatically, governing the whole ecosystem. Smart contracts can help track the ownership of the Collectibles on the platform.
The Collectibles in the platform have different designs that will be stored in the smart contract. In Addition, the smart contract will track all details about the collectibles (ERC721 tokens) on the platform.
Once the users initiate the transaction, the smart contract transfers the ownership of the assets (ERC-721) to the particular user.
Royalty - The royalty fee for the creators will be written on the smart contracts. For every sale, there will be a royalty fee transferred to the users.
Transaction History - When an asset is traded multiple times, the smart contracts store the assets' ownership details history.
Creator- Create a Collectible(Collectibles Token)
To create a collectible, users need to enter the following details:
Type - Single / Multiple
Upload Image / Video
Preview
Choose Collection
Choose Name
Description
Choose Category
Properties
Enter Value
Enable / Disable
Put on Sale
Unlock once purchased
Once they submit the above details, users need to confirm the app request to approve transactions from their wallets. After that, the smart contract will store the token information on the blockchain.
Users will be able to place bids for the tokens based on their interests. They will enter the details such as bid amount, wallet.
Based on the bids, creators can sell the tokens on the platform. Once the seller accepts the offer (bid), Smart Contract will transfer the user's wallet amount to the creator wallet. Smart Contract will record the transactions and ownership details on the blockchain.
Users can also sell these NFT tokens to other users by creating an offer on the marketplace. In the marketplace, users will be able to check the list of NFT tokens available for sale. Any user can buy/sell these tokens based on their preferences. All these transactions and ownership of the tokens will be recorded on the blockchain.
Connect Wallet
Before performing an action, users need to connect to a wallet from the list of available options on the platform. CoinBox will customize the platform to support Torus wallet, wallet connect, Metamask, and CoinBox Finance wallet.
Search
Users will be able to search for a particular creator, collectible, or collection by entering the keyword on the platform.
Explore
In this section, users will be able to check the overview of the following:
Top Sellers in Days
Hot Bids
Explore - Based on the category(Personal Art, Music, Virtual worlds)
Investors can check the list of Collectible designs with the following details:
Name
Overview
Amount
Users can filter the Collectible designs available on the platform by type, price, etc.
Select collectible
Users will be able to select a particular collectible and view the following details:
Name
Price
Image
Owner
Creator
Collection
Service Fee
Buy Now
Bid
Share
Users will be able to share the collectible with their social media accounts such as Facebook, Twitter, Telegram.
Buy Now
Users will be able to buy the collectible using their wallet balance on the marketplace.
Place a bid
Users will be able to place a bid for the collectable by entering the amount on the platform.
Check Bids
Users will be able to check the list of bids from the users for the tokens on the platform.
Accept Bids
Creators will be able to accept the bids from the users based on the amount and preferences.
Activity
Users will be able to check the trading history with the following details: Event, Item, Unit price, quantity, From, To, and Date.
Rankings
Users will be able to check the list of NFT tokens (Collectible Designs) with the following details: Filters, volume, owners, assets.
Other Options
Users will be able to check the following options:
Purchase Now
Place a Bid
Report
The creator will be able to set the timer to reveal the original NFT file on the Marketplace. The creator can choose the duration with a minimum of 1 minute and a maximum of 3 hours before it is minted on the marketplace; the users can also choose not to premier the NFTs.
The platform will be integrated with the news API, and the feed will be fetched from the CryptoCompare API through the CoinBox News product. In addition, the content will be related to the keywords of NFT.
The platform will have a Peer-to-Peer on-chain auction functionality. The creator/owner will only be able to list the NFTs for auction.
The platform will be customized to sell Tangible items. When the buyers choose to buy a tangible item, they will have to enter the courier address for the seller to ship the real art. The ownership will then be transferred to the buyer.
The platform will be integrated with Fraud Detection, which will be used to perform the following activities :
Verify images
Moderate user-generated content
Track images and brands
Check copyright compliance
Deploy fraud detection solutions
Identify stock photos
Confirm the uniqueness of an image
To use these features for mint the NFTs, they need to hold 500 CBFi tokens in their wallet which will be validated. The users who do not hold the tokens can see the feature after their NFT has already been minted.
Details will be provide.
CoinBox Finance aims to develop a platform that allows users to transfer their DDK tokens from the ETH network to Binance Chain and vice versa.
The Bridge feature has made the process of moving coins with various chains easy, safe, and comfortable without relying on middlemen.
This makes it easy for the users to exchange their ERC20 and BEP20 tokens without leaving their wallets. This also allows users to organize their assets to take advantage of volatile prices.
The ERC-721 token is a standardized smart contract with a predefined set of features. The tokens are non-fungible, which means that each one is unique. You can think of them as one-of-a-kind collectibles.
NFT has made waves in the digital world recently for a good reason. These specialized tokens ensure the authenticity and scarcity of digital assets, opening many possibilities for various digital marketplaces.
From digital collectibles to in-game assets to one-of-a-kind releases of digital media, the possibilities are endless. Everyone wants to start implementing NFTs into their platforms, but they're running into a few obstacles.
Creating a new NFT, or "smart contract" on an Ethereum-compatible blockchain, is not easy at all. First, as a developer, you have to know a lot of things:
Solidity - a new programming language for writing smart contracts
How to use a compiler for Solidity
How to develop using an IDE
How to deploy the compiled smart contract
It's a lot to know, and for developers who only need the basic features of ERC-721 tokens, it would take weeks to figure it all out.
NFTs have taken the world by storm, as creators of all kinds are cashing in on the surging demand for one-of-a-kind digital collectibles. Many NFT marketplaces have implemented “creator share” functionality that pays creators a percentage of subsequent sales, which is an excellent step in the right direction.
However, this functionality is only implemented on the application level, meaning as soon as the NFT leaves the marketplace on which it was created, creators will never see another penny for it again.
We’ve created CoinBox NF(royal)Ts. By implementing royalty-payment functionality at the blockchain level, we make it possible for creators to get paid every time their NFT is transferred for as long as it exists.
While it’s still within the marketplace where it was created, the application-level creator shares apply. And even if it leaves, the built-in royalty payment mechanism will automatically payout to the author every time it changes hands to a new buyer.
CoinBox NF(royal)Ts is easy to create, mint, and transfer into Coinbox Mobile Wallet. All it takes is a few simple steps. No blockchain experience is required.
CoinBox currently supports Ethereum, Binance Smart Chain, and Celo. In this example, we use Celo because it is fast, cheap, and can pay for transactions with a stable coin (cUSD).
First, you’ll need to Login into your CoinBox Mobile Wallet. Next, click the "NF(royal)T's menu in the wallet.
Next, you need to create and deploy the NFT. Traditionally this has taken quite a bit of effort and experience but using CoinBox, all you need is to click "Create NFT's" and choose which chain you would like to create your NFT's token.
Once your contract has been deployed, you’ll want to mint new tokens. If you're going to enable the royalty feature, you can enable it in your wallet, and it will enter two new properties — authorAddresses and cashbackValues. This will define a list of recipients of the cashback for every subsequent transfer of the token. These values are absolute and are in the currency of the underlying blockchain.
Next, you’ll probably want to transfer your NFT from the address where it was issued to another blockchain address. This time you’ll need to include the value for the transfer transaction — the sum of all the royalties to be paid out to the authors — and the private key of the address where the tokens are located.
And that’s it. You can create, mint, and transfer NFTs that automatically payout royalties forever. The benefits to creators are enormous, and we believe that CoinBox NF(royal)Ts will be a highly desirable feature for NFT marketplaces in the future. Those who offer automatic royalty payout functionality will be providing an attractive incentive to creators, whereas those who don’t risk falling behind.
Personal Art
Commercial Art
Tangible Art
Music
Domain Name
Virtual Worlds
Trading Cards
Making document verification simple for everyone
CoinBox Verified is a product in a partnership with RightCliQ regional office for VeriDoc Global. We strive to leverage existing infra and create more revenue streams from blockchain-based business applications such as tracking & certification for all parties.
Using Veridoc Patented Technology, CoinBox Verified provides a simple, safe, and secure Mobile Phone interface for everyone to record any document on Ethereum, Binance, and DDK SmartChain, and it will be on many networks in the future.
The ideal solution for individuals or organizations of all sizes – is ideal for legal, real estate, financial institutions to create tamper-proof documents on the blockchain.
Immutable & Verifiable
Easy Adoption
Blockchain Security
Visual Inspection
Keep your original intact
Share unalterable proof of the existence
A Trusted reference point for verification
No learning curve. Start generation
Simple, transparent drag & drop process
Facilitate submission, approvals
Out of the box solution to maintain data integrity
Prevent data frauds and increase trust with blockchain
Increase trust with decentralization
Enable instant verification on any smart device
Verify data authenticity with a unique QR code
Works for scanned and digital documents
Inspect visually
Create an easily verifiable proof
Change the way proofs are validated
Take control of your documents
Use CoinBox Verified and stop document fraud. Real-time QR code scanning leads to a highly trusted reference point for verification.
To verify, scan the QR code using any scanner like Google lens. The original uploaded document will be displayed. You can validate your copy against the original document.
CoinBox Verified provides a safe and secure interface for real estate agents to send and receive documents in a secure, centralized database without requiring enterprise-level software.
In today’s digital economy, traditional protection and verification systems are often compromised. CoinBox Verified offers a simple, reliable method for protecting and verifying the source of truth.
CoinBox Verified is powered by patented VeriDoc Global’s QR Code solution. It leverages public-key cryptography and places the unique hash value on the blockchain, which cannot be altered.
We bring secured verifiable transparency to your electronic and scanned documents – be it certificates, legal & financial collateral, reports, or any other sensitive document and prevent them from any form of tampering.
We help you take out the burden of the need for a 3rd party verification by creating a reference point for verification on the immutable blockchain.
Coinbox Verified provides a safe and secure way to send, receive and notarize the documents in blockchain with a secure famous public blockchain without requiring enterprise-level software.
Secure your most intimate and high-value documents and ensure they are not being tampered with. CoinBox Verified is a great way to rest assured that your documents will keep their integrity.
Store and organize your legal documents with unique identifiers for each case or client. There is no need to keep loose files and folders.
Degree certificates, transcripts, certificates of attainment.
Quality certificates, organic and non-GMO certificates, patient information leaflets.
The solution is to make it easier for people to create tokens using a mobile wallet in just a few minutes.
Whether you’re creating an in-game currency for your latest RPG (Games), your own community coin, or launching a full-fledge ICO or crowdfunding, ERC20 and BEP20 are the most widely used token standards today.
While there are many types of paid services that can create tokens, you still have to learn hours of tutorials that teach you how to code your token in Solidity, or you can hire a programmer and rely on them. So we decided to make it easier for you to create a new token.
With CoinBox, you have your own token lab on your Mobile Phone to create ERC20 tokens for , , BEP20 tokens for , and soon DRC20 tokens for SmartChain, which are only processed in minutes.
Users can mint, burn and distribute efficiently on the wallet no need to learn SOLIDITY, no need to bother to build your own smart contract from scratch.
First things first, you’ll need to get a CoinBox Wallet account and Login.
Click the menu "Token Creator" on the wallet.
The name of the chain to work with (ETH, BSC, CELO)
The name of the ERC20 token — this is for you to decide, be creative!
The symbol of your ERC20 token — a shortened version of the name, is what most people will see, so make it catchy.
The max supply of the ERC20 token
The initial supply of ERC20 token
The number of decimal points
The address on the Ethereum blockchain where all of the ERC20 tokens created will be transferred.
The private key of the Ethereum account address from which the fee for the deployment of ERC20 will be paid.
The nonce is to be set to the Ethereum transaction.
The custom-defined fee. If not present, it will be calculated automatically.
Finally, click the confirmation button. You need to have enough funds (depending on the transaction fees of the selected blockchain) to create your ERC20 token; it will return a response containing the transaction ID.
And that’s it! You’ve created your own ERC20 token. Next, you’ll probably want to mint, burn and transfer them using the menu in the wallet, and after that, you might be inspired to check out the rest of our to find out all of the other awesome things you can do with CoinBox Token Creator.
Smart Contract Name
Address
CBFiFactory
0x-comingsoon
CBFiRouter
0x-comingsoon
Multicall0x-comingsoon
0x-comingsoon
CBFi Token
0x-comingsoon
MasterChef
0x-comingsoon
Absolutely!
First, every operation related to your crypto assets is carried out via well-tested and deployed smart contracts. There is no way for anything (including the CDEX developer team) to manipulate your assets. we created CDEX is purely to create a solution to enable our community not to rely on “Centralize Exchanger” to buy and sell crypto.
Second, all smart contract source code is available in the GitHub repo. Anyone is welcome to review the source code and compare it with the deployed version on the blockchain.
Third, our smart contract source code has been audited independently by the prestigious security company will be revealed before its launch. Before our launch, they have helped us tested and improved the security mechanisms. Refer to the audit page for more details.
⚠️⚠️⚠️ Currently only (BSC) Binance Smart Chain is supported ❗️❗️❗️
MetaMask
WalletConnect
Trust Wallet
Torus
CBFi Wallet
One possible reason is that you don't have enough BNB BEP20 in your wallet to pay for the gas fee required for the approval operations. Make sure your wallet contains some BNB BEP20 in order to proceed.
There is no locking period for any of your assets. You may deposit or withdraw at any time. Everything is controlled automatically by the deployed smart contracts.
Launchpad is the place for anyone that hold any BEP20 tokens and NFT artist to launch selling of their assets.
Users can choose how many units of token for them to sell and set a timer for how long the Launchpad will be running.
Example: 10,000 token units of ABC token BEP20.
Users need to choose to set the price based on how many 1 unit of ABC token is in BNB.
Example: 1 unit ABC / 5 BUSD or in BNB value: 1 unit ABC / 0.011773 BNB 0.011773 BNB or 5 BUSD will be deducted from the address of the BUYER and the ABC will be distributed automatically to the BUYER.
The payment from BUYER will enter the address of the user that sent 10,000 unit ABC in Launchpad. The remaining 10,000 ABC that's not successful selling it will be sent back AFTER TIMER FINISH to the launch creator address or can be enabled to be BURN after TIMER is finished.
Another Use Cases :
I am an NFT artist, I want to launch 1,000 collections of ERC721 assets on the BSC Chain. So the NFT artist locked the 1000 NFT asset in the smart contract and open for people to BUY the collection and set the price 1 NFT/? BUSD /? BNB.
Any UNSOLD unit will be returned back/UNLOCKED to the NFT address after the TIMER finish.
Any users can list their TOKENS and NFT asset on the launchpad and every process of BUYING and SELLING will be P2P (peer to peer) and REALTIME ON-CHAIN govern by a smart contract. No human intervention was involved.
You can add token pairs to liquidity pools in the exchange and obtain the corresponding LP tokens, which then can be used to mine the CBFi tokens in the Farms section.
Sample Rewards calculation for adding NFT assets in FARM :
1000 LP TOKEN
+ 87.5 = 1087.5
+ 800 = 1800
100 LP TOKEN
+ 8.75 = 108.75
+ 80 = 180
10 LP TOKEN
+ 0.875 = 10.875
+ 8 = 18
1 LP TOKEN
+ 0.0875 = 1.0875
+0.8 = 1.8
CDEX is a fully functional and independent DEX (Decentralized Exchange), and a transaction fee will be charged for each swap transaction. goes to LP holders and will be used to burn CBFi and share with the community.
CDEX is the leading Automatic Market Making (AMM) DEX, Yield Farming, and innovative LaunchPad platform. CDEX is dedicated to combining liquidity mining and open-source LaunchPad concepts in blockchain and provide a one-stop DeFi platform for users that is both secure and profitable.
CDEX uses fully open-source smart contracts and implements Pancakeswap as liquidity bridge of AMM, yield farming system, and Launchpad system to provide a one-stop DEX, liquidity mining, yield farming, and Launchpad for crypto investors.
CBFi staking provides a place to earn more CBFi by staking CBFi. CBFi will also be used for community decentralized autonomous organization (DAO). CBFi holders can receive many benefits by holding. Read for more info on CBFi benefits HERE.
Currently, CBFi only supports BSC (Binance Smart Chain). In the near future, we will support ETH, Polygon, Solana, DDKoin, Cardano, and other chains to integrate assets across various chains seamlessly.
Personal information is any information about an identified individual or an individual who is reasonably identifiable, whether the information is true or not and whether the information is recorded in a material form or not.
The types of personal information we may collect include:
from users who sign up for a CoinBox account – email addresses, names (if used as a username), trade activity (such as amounts and local currencies), phone numbers, and information about a user’s response time.
from website visitors – IP addresses, website preferences, traffic sources and device information;
if you contact us with a query – your contact details.
If we are not provided with the information that we request, then we may not be able to provide services to you or respond to your query.
We do not collect the content of your communications with other CoinBox Finance users, unless required to do so to resolve a dispute or investigate an abuse report under the Service Terms. These communications are end-to-end encrypted so we cannot decipher or read them without an involved user's consent.
The personal information you provide us may be used for a number of purposes connected with our business operations, which include to:
provide the CoinBox Finance services, including facilitating communications between CoinBox Finance users;
respond to any requests from you;
better understand your needs in relation to Bitcoin & Altcoin trading;
develop and improve the quality and scope of the services we provide, and seek your feedback;
store choices you previously have made on the site, including when you are not logged in, to improve your experience;
better understand our how website visitors use the website and how CoinBox Finance users use the service; and
to send you marketing messages about our products and services.
We may send you messages by email, SMS, or push notification, with updates about our services, news related to blockchain or decentralized finance, and marketing messages. You always have the right to opt-out of receiving such information. You may exercise that right by clicking the "unsubscribe" link in a message we send you, or contacting us using the details below.
We will not use your information for purposes other than those described above unless we have your consent or as permitted by law (including for law enforcement or public health and safety reasons).
As you navigate through this website, certain information can be passively collected (that is, gathered without you actively providing the information) through various technologies, such as cookies, internet tags or web beacons and navigational data collection. You can manage passive information collection settings in the settings of your browser.
This website may use and combine such passively collected information to provide better services to website visitors, customize the website based on your preferences, compile and analyze statistics and trends and otherwise administer and improve the website for your use.
We generally collect personal information directly from you, for example through online forms or when you contact us.
We may also collect personal information through trade activity, server log files and passive information collection technologies.
We also may disclose your personal information to:
others in accordance with a request made by you – for example, if your username is your real name, then we will list this when you ask to be listed on the CoinBox Finance Merchant and P2P Marketplace;
our third party service providers engaged by us to perform business and technology services, when reasonably required;
law enforcement bodies – both if required by a warrant or voluntarily if we suspect you have engaged in fraud or misuse; and
persons to whom we are required by law to disclose information.
When making disclosures to our service providers, we take reasonable steps to ensure that they are bound by privacy obligations.
Unless you consent, we otherwise do not disclose your personal information to third parties.
You can request to delete your personal information by using the "delete account" feature.
After you delete your account, most information we have collected about you will be deleted or anonymized within 180 days, however we may retain some information for up to 5 years following the date of your request.
We may retain your personal information for a longer period only if there is a legal obligation for us to do so.
You may request access to any of the personal information we hold about you by contacting us as specified below. We reserve the right to charge a reasonable fee for the costs of retrieval and supply of any requested information.
We will take all reasonable steps to ensure that the personal information we collect, use or disclose is accurate, complete and up to date. To ensure your personal information is accurate, please notify us of any errors or changes to your personal information and we will take appropriate steps to update or correct such information in our possession.
We will take all reasonable precautions to safeguard your information from loss, misuse, unauthorized access, modification, disclosure or destruction. We may store your files as electronic records. We implement a range of electronic security measures to protect the personal information that we hold, including using secured databases using industry-standard network security practices.
You should keep in mind that no internet transmission is ever completely secure or error-free.
This website may contain links or references to other websites to which this Privacy Policy may not apply. You should check their own privacy policies before providing your personal information.
If you have any questions or concerns about our collection, use or disclosure of personal information, or if you believe we have not complied with this Privacy Policy or the Privacy Act, please contact us as set out below. We will investigate the complaint and determine whether a breach has occurred and what action, if any, to take.
CoinBox Finance takes all privacy complaints seriously and will aim to resolve any such complaint in a timely and efficient manner.
CoinBox Finance expects our procedures will deal fairly and promptly with your complaint. However, if you remain dissatisfied, you can also make a formal complaint to your regulator in your country and contact us for further assistant to solve your issues.
If you wish to exercise your right to opt-out of receiving our marketing materials, or you have any questions or concerns about this Privacy Policy or our information practices, please contact us at: info@coinboxfinance.com
Our Privacy Policy may change from time to time as updated on this website. Before providing us with personal information, please check this Policy on our website for any changes.
Coming Soon
All the latest updates for products and features will be announced here
Notice to residents of the EU/EEA The CB-FI token is not a guarantee or a financial instrument within the meaning of the Markets in Financial Instruments Directive (MiFID II) of the European Parliament (2014/65/EU), securities or other laws of the member states. The CB-FI is not a guarantee of any kind and does not represent any right to vote, manage or share the profits of any entity. CB-FI token does not represent the ownership of any physical asset and will not be refundable.
Notice to residents of the United States The CB-FI token offer and sale have not been registered under the U.S. Securities Act of 1933, as amended, or under the securities laws of certain states. The CB-FI may not be offered, sold or otherwise transferred, pledged or hypothecated except as permitted under the Act and applicable state securities laws according to an effective registration statement or an exemption therefrom.
Notice to residents of Australia No SAFTs, placement document, prospectus, product disclosure statement or other disclosure document has been lodged with the Australian Securities and Investments Commission concerning the offering. The SAFT and any documents used in connection therewith and any related documents do not сonstitute a prospectus, product disclosure statement, or other disclosure documents under the Corporations Act 2001. In Australia, somebody may only offer the CB-FI to "sophisticated investors" or "professional investors" or otherwise according to one or more exemptions contained in the Corporations Act so that it is lawful to offer the CBFi in observance with applicable laws.
Notice to residents of the People's Republic of China The rights to CB-FI are not being offered or sold and may not be offered or sold, directly or indirectly, within the People's Republic of China, except as expressly permitted by the laws and regulations of the People's Republic Of China.
Notice to residents of Japan The CB-FI has not been registered and will not be registered under Japan's securities or financial laws. The potential purchasers of the CB-FI agree not to re-transfer or re-assign the CB-FI to anyone other than non-residents of Japan except pursuant to a private placement exemption from the registration requirements of, and otherwise in compliance with, the relevant laws and regulations of Japan.
Notice to residents of the Russian Federation The SAFT and any related documents are not an offer, or an invitation to make offers, to sell, purchase, exchange or otherwise transfer securities or foreign financial instruments to or for the benefit of any person or entity resident, incorporated, established or having their usual residence in the Russian Federation. The SAFT and any documents used in connection to CB-FI offer and sale are not advertisements in connection with any securities' placement or public circulation as determined by Russian laws. The CB-FI is not intended for placement or public circulation in the Russian Federation. Neither the SAFT nor any other document relating hereto has been or will be registered with the Central Bank of the Russian Federation.
Notice to residents of Switzerland CB-FI may not be publicly offered in Switzerland and will not be listed on the swiss exchanges or on any other stock exchange or regulated trading facility in Switzerland. SAFT and any related documents have been prepared without regard to the disclosure standards for issuance prospectuses under the Swiss Code of Obligations or the disclosure standards for listing prospectuses. Neither SAFT nor any related marketing material may be publicly distributed or otherwise made publicly available in Switzerland. SAFT and any related marketing materials have not been and will not be filed with or approved by any Swiss regulatory authority, mainly including the Swiss Financial Market Supervisory Authority. The CB-FI token offer and sale has not been authorized under the Swiss Federal Act on Collective Investment Schemes.
Notice to residents of the United Kingdom In the United Kingdom, the SAFT is being distributed only to and is directed only at (and any purchase activity to which it relates will be engaged only with) investment professionals (within the meaning of article 19(5) of the Financial Promotion Order (the "FPO"); (ii) persons or entities of a kind described in article 49 of the FPO; (iii) certified sophisticated investors (within the meaning of article 50(1) of the FPO); and (iv) other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Persons who are not relevant persons should not take any action in connection with the SAFT or based upon any documents used in connection therewith. It is a condition of the acquisition of the CB-FI that the person warrants to be a relevant person. The SAFT and any documents used in connection therewith have not been approved by any regulatory authority in the United Kingdom.
Notice to residents of all jurisdictions No action has been taken to permit the offer, sale, possession or distribution of the CB-FI or any related documents in any jurisdiction where action for that purpose is required. You are required to inform yourself about and to observe any restrictions relating to CB-FI offering, the SAFT, and any related documents in your jurisdiction. No one contemplates an economic return for the purchase of the CB-FI, and you should not buy CB-FI for any speculative purposes. The participation in the sale of the CB-FI token must not have any expectation of benefits, dividends, capital gains, financial performance or any other return, payment or income of any kind. The purchase of CB-FI carries a substantial risk that could lead to a loss. There is no guarantee that the objectives will be achieved or that the CB-FI tokens will always have or maintain value within the ecosystem. Any resale of the CB-FI must be made per exemptions from the securities requirements and in compliance with the requirements of applicable laws.
Coming Soon
Hi all CBFIan,
We are delighted to announce that the latest version of CBFI Wallet 4.3 is now open to the public. Users can visit NFTian Virtual World and enter the 𝗕𝗘𝗧𝗔 𝗥𝗢𝗢𝗠 to get the wallet.
𝗛𝗲𝗿𝗲 𝗶𝘀 𝗮 𝘄𝗮𝗹𝗹𝗲𝘁 𝗳𝗲𝗮𝘁𝘂𝗿𝗲 𝘁𝗵𝗮𝘁 𝗶𝘀 𝗿𝗲𝗮𝗱𝘆 𝘁𝗼 𝘁𝗿𝘆 :
👉 Create an Account with SeedPhrase ✅
👉 Create an Account with Private Key ✅
👉 Import Account with Private Key ✅
👉 Multiple Chain of asset READY ( #BTC, #ETH, #BNB, #DDK, #TRX, #LTC, #VET, #CELO, #ONE, #USDT, #BUSD, #CUSD, #TUSD, #BIDR, #CEUR, #PAX, #PAXG, #DAI, #USDC, #IDRT, #VNDC, #CAKE, #MDEX, #TWT, #DPET, #TKO, #1INCH, #CTK, #REEF, #MKS, #BAT, #KAI, #WBTC, #MAKER, #LINK, #UNI & #CHZ. (Will add more blockchains from time to time) ✅
👉 Layer 2 with 0 fees transfer.) ✅
👉 Layer 2 with 0 fees transfer. ✅
👉 View Assets value in FIAT (USD, INR, AUD, EUR, CAD, EGP, MYR, IDR, BND, THB and PHP) ✅
👉Create QR-Invoice for Merchant Payment. ✅
The following January will be excellent with the CBFI when many important development activities occur.
𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝘄𝗵𝗮𝘁 𝘄𝗲 𝘄𝗶𝗹𝗹 𝗿𝗲𝗹𝗲𝗮𝘀𝗲 𝗶𝗻 𝗝𝗮𝗻𝘂𝗮𝗿𝘆:
👉 P2P Marketplace for top famous blockchain assets.
👉 Earn Referrals from P2P and Asset Transfer.
👉Trading in DEX and participating in Liquidity Pool.
👉 NFT Staking with Play to Earn Yield Farming.
👉 NFT Marketplace with Custom Bidding.
We truly appreciate the support from all of our CBFian. So stay tuned and be ready, guys! 🙋♂️🎉
#CoinBoxFinance
#NonCustodialMobileWallet
#MultipleChain
#VirtualWorld
The work has begun, but the and will soon be complete for all to experience. 😍🌈
Please read the following service terms carefully (Hereinafter referred to as “these Terms”).
Please read all the terms and conditions of this agreement carefully and get a full understanding of the contents of such terms and conditions before you register as a user of this website. The fact that you click on the “register” button or access and use this service indicates that you have a good knowledge and full understanding of the meaning of these terms and the corresponding legal consequences hereof, and you agree to abide by these terms and all the additional terms hereto, and agree to take these terms as the basis for determination of both parties rights and obligations between you and [BLOCKCHAINS INC.] ([BLOCKCHAINS INC.] (Hereinafter referred to as “CoinBox Finance”, “our company”, or “we”). If you do not agree to be bound by these terms, do not access or use this service.
The relevant policies, rules and instructions of this website shall constitute an integral part of these terms with the same legal effect as these terms. COINBOX FINANCE reserves the right to change the contents of these terms from time to time, including but not limited to any policy, rule and instruction of this website. We will release the modified terms on this website in time and provide the “recent update” date at the end of these terms, or release the modified terms by any other means determined by COINBOX FINANCE. Any change will take effect immediately after the website is updated. You waive the right to receive specific notice on such changes. The further use of this website and this service indicates that you accept such changes. If you do not agree to any change, please stop using this website and the service immediately. If you have any doubt about the user of this website, please contact support@coinboxfinance.com
These terms and additional terms are applicable to any service to be provided by BLOCKCHAINS INC, including but not limited to the website www.coinboxfinance.com and www.cbfi.io (Hereinafter referred to as “COINBOX FINANCE” website or “this website”) as well as the mobile application we provide. The entry into the agreement on the relevant product to be provided by this website shall not affect the entry into force of these terms.
I.【Scope of Application】
This service shall only apply to users aged 18 or above. You shall declare and ensure that you are at least 18 years old and have the capacity for civil rights and capacity for civil conduct to enter into the contract with us and use this website and this service. You shall also ensure that you are not included in any list of terrorist organizations and terrorist activities personnel (Such as the list of terrorist organizations and terrorist activities personnel included in the resolution of the UN Security Council), and not restricted or forbidden by any judicial or administrative law enforcement agencies in any applicable judicial jurisdiction from utilizing any transaction platform. If you do not meet these requirements, please do not use our service; you shall assume any risk, responsibility and loss arising therefrom independently.
If you use this website or this service on behalf of an organization, you shall declare and guarantee that you have obtained the legal authorization of such organization.
II.【Content of service】
We provide a management platform of the digital asset; through the provision of professional digital portfolio products, we adopt the scientific and effective digital asset allocation mode, assist the investors at all levels to enter the field of digital assets, properly manage all kinds of digital assets, decentralize the investment risk in the single digital asset, and enhance the overall benefits of the digital assets. The users can buy or sell digital portfolio products on our platform (Hereinafter referred to as “DAC”). The users must open an account prior to the commencement of the transaction (Purchase and sales), complete the identity authentication, and pre-deposit the digital assets. When buying DAC, the digital assets are needed for payment; the corresponding digital assets may be obtained by the sales of DAC. The users may recharge or withdraw their digital assets, but subject to the limitations of these terms.
The information available on the COINBOX FINANCE website is only for reference, and users shall make their independent judgments and decisions, and take the decision-making risk alone. The information and content on this website may be changed from time to time and available to you at any time. COINBOX FINANCE shall not guarantee the accuracy, applicability, reliability and integrity, performance and/or appropriateness of any service or product provided by this website, and shall not take any liability for any direct or indirect loss or damage, and the delay or failure in the information transmission. COINBOX FINANCE shall take no responsibility for the use or interpretation of such information.
Users must prepare the following equipment and assume the following costs independently: (1) Internet devices, including not limited to computer or other Internet terminals, modems and other Internet devices; (2) Expenses for surfing the Internet, including not limited to network access fee, Internet equipment rental fee, and mobile phone traffic fee, etc.
While accepting the services of the COINBOX FINANCE platform, users agree to accept various information services provided by the COINBOX FINANCE platform. Users hereby authorize COINBOX FINANCE to send the business information to their E-mails, mobile phones, and mailing addresses, and so on.
For the abnormal grading, market disruption, as well as other possible exceptions arising from the system failure, the network, hacker attack by DDos and other accidental factors, COINBOX FINANCE has the right to cancel the results of the abnormal transactions according to actual conditions, and even cancel all the transactions within a certain period of time.
The handling charge shall be collected for some of the services rendered by COINBOX FINANCE. If the user uses the service subject to the handling charge, please abide by the relevant agreement. COINBOX FINANCE may make amendments and changes to the charging standard and mode of the service based on actual needs, and COINBOX FINANCE may also start to charge for some of the free services. COINBOX FINANCE will notify or announce on the relevant service page prior to the aforesaid amendment, change, or charging. If the user does not agree with the aforesaid amendment, change, or charge, the service should be stopped.
COINBOX FINANCE platform will not ask any user for the password, and will not ask the user to make remittance to any account and BTC/ETH recharging address not provided in the transaction centre of this website; please don’t believe any information on discount and concession of COINBOX FINANCE platform, nor make remittance or pay the digital assets to the account and address not provided in the transaction centre of this website, an a COINBOX FINANCE shall take no liability for any loss arising therefrom.
Handling of abnormal transactions: When using this service, the user agrees and acknowledges that this service may not be provided due to the problem in the connection of the digital currency network or the other irresistible factors. The user shall ensure that the information to be entered shall be correct; this website shall take no liability for damage if this website is unable to notify the user of the subsequent handling mod for the relevant transaction due to the occurrence of the aforesaid exceptions caused by the information error.
User agrees that based on the needs of the operation and transaction security, this website may temporarily suspend the provision or limit some functions of this service, or provide the new functions. The further use of this website or this service by the user shall be deemed as the acceptance of the reduction, addition or change of such functions, and COINBOX FINANCE shall take no liability to the user as a result.
COINBOX FINANCE shall have the right to understand the actual transaction background and purpose of the product or service provided by this website, and the users shall truthfully provide the true, comprehensive and accurate information required by this website and this service. If COINBOX FINANCE has reasonable reason to suspect that users provide false trading information, our company shall have the right to temporarily or permanently limit the functions of the product or service to be used by the user in full or in part, and the user shall undertake the risk, loss, and liability arising therefrom.
III.【Process and risk for the transaction of digital asset portfolio】
The transaction or holding of the digital asset portfolio is likely to cause a loss to you. Therefore, you should carefully consider whether the digital asset portfolio shall be transacted based on your financial situation.
1. COINBOX FINANCE cannot guarantee an orderly and stable market for digital assets. You should be cautious in the transaction of digital assets (and any other assets). The price may fluctuate from time to time. You may be subject to profit or loss in a large amount due to the price fluctuation. Any digital asset can fluctuate greatly and may even become worthless.
2. When using this service, if there is an error in user or the user’s transaction instruction (Including but not limited to price, quantity, and other factors), resulting in the loss on the transaction of the user, the user shall take the full liability for such loss.
3. The user shall assume any loss arising from the user’s fault, including but not limited to the failure to operate according to the transaction tips, the failure to carry out the transaction operation in time, the omission or disclosure of the password, the cracking of password, the embezzlement of the user’s mobile phone, and the intrusion to the user’s computer.
4. When using this service, if the user generates the unjust enrichment due to certain potential bugs not discovered in the website transaction rules, COINBOX FINANCE will contact the user to recover, and the user must cooperate effectively; otherwise, COINBOX FINANCE will take the resource measures including but not limited to the limitation to the account transaction, freezing of fund in the account, and the lawsuit brought to the competent court. The resource cost incurred to COINBOX FINANCE due to the failure of the user to cooperate effectively will be at the user’s account.
IV.【Creation of account】
In order to use any service of this website, you must first provide your email and password to register an account and confirm the acceptance of these service terms. You agree not to allow anyone to use and know your account and password, and update any information change to COINBOX FINANCE. You are obligated to keep, protect and safeguard any has been provided to your password, access code, user ID, or other credentials and login information provided to you, or the aforesaid passwords generated by your use of the service (collectively referred to as the “password”). If you lose your password, you may not be able to access your account. If the user password is lost, the password can be reset via the link sent by the registered email. The user shall immediately notify COINBOX FINANCE if he/she finds any unauthorized use of the user name or any other security bug. Despite the aforesaid provisions, COINBOX FINANCE shall not undertake any liability, loss or damage caused by unauthorized use of your password.
You shall take the full and independent liability for all the activities, actions, and events occurring under your registered account; you shall not deny such actions nor claim for the exemption from relevant costs, obligations and responsibilities due to the embezzlement of your account and password or for any other reason.
V.【User’s rights and restrictions to use of permit】
Under these terms, we grant you limited, non-exclusive, non-transferable permissions to access and use the COINBOX FINANCE website and use this service only for the purposes approved by COINBOX FINANCE.
You agree that:
1. The titles and interests in the interface, design, program, code, text, image, technology, identification and other contents involved in this website, including the copyright, patent right, trademark right, technical secrets and other intellectual property and related rights shall be owned by COINBOX FINANCE; COINBOX FINANCE reserves all rights not expressly granted under these terms. You agree that, in addition to the limited right to use granted by these terms, you may not use in any other way, nor reproduce, simulate, spread, distribute, sell, license, reversely engineering, modify, and publish any aforesaid content or object of right in any form, nor use any content to which COINBOX FINANCE has the ownership and intellectual property right in any other way.
2. The user can use this website and this service only for their own interests (If registered on behalf of an agency, only for the interests of such agency), and shall not transfer the rights or interests in this service, nor use the registered account for the business activities for the purpose of profitability.
3. This service is protected by copyright and other intellectual property laws.
4. This website reserves the right to query, freeze or deduct the articles of the user in the account and such account according to the requirements including but not limited to those made by the public security organ, procuratorial organ, court, customs, tax authorities, and other judicial organs, administrative organs, and military organs.
5. The user shall have the right to modify the modifiable information in his/her personal account at the time of identity authentication;
6. The user shall have the right to participate in various online and offline activities organized by COINBOX FINANCE.
7. The user shall have the right to enjoy other kinds of services provided by COINBOX FINANCE according to the provisions of the COINBOX FINANCE website.
8. In case of any objection to the modification of the agreement, or dissatisfaction with the COINBOX FINANCE service, the user can stop the use of the online service of COINBOX FINANCE by deregistration of the account, or notify COINBOX FINANCE to stop the services for the user through the channels such as customer service.
After the termination of the service, the user's right to use the COINBOX FINANCE service is immediately terminated. In this case, COINBOX FINANCE has no obligation to transmit any unprocessed information or uncompleted services to the user or any third party without a direct relationship.
VI.【User’s obligations】
1. The user shall not use this website to endanger the state security, disclosure the state secrets, shall not infringe the national, social, collective and citizen’s legitimate rights and interests, and shall not make use of this website to make, reproduce and spread the following information:
(1) To incite to resist or destroy the implementation of the constitution, laws or administrative regulations; (2) To incite the subversion of state power and the overthrow of the socialist system; (3) To incite the division of the state and undermine the national unity; (4) To incite the ethnic hatred, ethnic discrimination and undermine the national unity; (5) To fabricate or distort facts, spread rumuors and disturb social order; (6) To give publicity to feudal superstition, obscenity, pornography, gambling, violence, murder, terror and abet crimes; (7) To openly insult another person or fabricate facts to slander another person or engage in other malicious attacks; (8) To cause damage to the reputation of state organs; (9) Other violations of the constitution and administrative rules and regulations; (10) To conduct commercial advertising.
2. The user shall not maliciously register an account of the COINBOX FINANCE website by any means, including but not limited to the registration of multiple accounts for profit, hype and cashing. The user may not embezzle the account of any other user.
3. The user is prohibited from using COINBOX FINANCE in any form as a place, platform or medium for various illegal activities. Without authorization or permission of COINBOX FINANCE, the user shall not engage in any business activities in the name of this website, nor use the COINBOX FINANCE website as the place, platform or media for commercial activities in any form.
4. If the user violates the relevant provisions of the applicable laws and regulations, violates any of its obligations or any other provisions under these terms, provides false user information, logs in or users this service with any third party’s program, abuses the rights to impair the interests of this website or other users, or engage in the other improper conduct, COINBOX FINANCE reserves the right to take all necessary measures directly, including but not limited to delete the information or content, suspend the service, freeze the assets, suspend or ban the user’s account, and require the user to compensate for the losses (including but not limited to require the user to make offset and compensation with the illegal interests obtained), and affix the legal responsibilities for the user through litigation.
5. Where the user takes the illegal or criminal act, or COINBOX FINANCE has evidence for reasonable doubt on the possible illegal and criminal actions taken by the user, COINBOX FINANCE has the right to freeze all the accounts owned by the user on this website and to restrict or prohibit the user to use all the functions of this website, and shall have the right to, in accordance with the anti-money laundering laws and regulations and other laws and regulations to take other necessary and reasonable measures. This website will actively cooperate with the police in the investigation, and provide all the user's registration information and service usage information to the competent authorities, including but not limited to the name, ID card number, contact information, photo, service usage record and other information.
VII.【Service charge】
1. When the user users this service, our company has the right to collect the service charge from the user according to the corresponding rules. The main service charges currently involved in the platform include:
(1) Transaction fee. The user shall pay the transaction fee for the transaction on this platform;
COINBOX FINANCE has the right to formulate and adjust the service charge, and the charging standard for the specific service charge shall be subject to the notice on charging mode as listed on the COINBOX FINANCE platform when the user is using this service or the other written agreements entered into between the user and COINBOX FINANCE (Including the agreement entered into electronically).
2. Unless otherwise specified or agreed, the user agrees and authorizes COINBOX FINANCE to deduct the service charge directly from the assets in the user’s account.
VIII.【Change, interruption, termination, limitation and freezing of service】
1. COINBOX FINANCE may change the content of the service, or interrupt, suspend or terminate the service; COINBOX FINANCE may also transfer any part or all of the services under this agreement to a third party for operation after notifying you unilaterally. COINBOX FINANCE shall take no liability to the user.
2. In any of the following cases, COINBOX FINANCE has the right to interrupt or terminate the service provided to you without notice:
(1) You shall submit authentic information in accordance with the provisions of the law or these terms, but the individual data you provide is not true or inconsistent with the registration information and you fail to provide reasonable proof; (2) You have violated the relevant laws and regulations or the provisions of this agreement; (3) According to the requirements of the law or the competent department; (4) For safety reasons or other necessary circumstances
3. You can close your account from time to time; however, you are still obligated to fulfil your responsibility for any pending transaction. If it is suspected that you fail to abide by the laws and regulations, and these terms, posing an unacceptable fraud or management risk to COINBOX FINANCE, or you provide us with false, incomplete, inaccurate or misleading information, COINBOX FINANCE may suspend your access services. COINBOX FINANCE can also decide to terminate your account at any time and notify you by email or otherwise. COINBOX FINANCE will not be responsible for any loss caused by COINBOX FINANCE’s suspension or suspension of services, closing or suspending your account and other measures.
4. The user agrees that for the safety of the user’s account and the digital assets therein, according to the provisions of these terms, and the provisions of the laws, regulations, and instruments, the requirements of the government for administrative functions and powers, and the situations possibly causing risks to user’s account determined by our company independently, COINBOX FINANCE reserves the right to freeze all or part of the accounts in the name of the user and the assets thereunder, so as to temporarily shut down the operation of access right to such accounts in full or in part. The reverse process of the freezing is unfreezing, that is to say, that COINBOX FINANCE shall terminate the freezing of such frozen accounts. In case of the freezing, if the user applies for unfreezing, COINBOX FINANCE reserves the right to determine the unfreezing in full or in part in accordance with the above cause of freezing in these terms at its sole discretion; the user shall fully understand that it is not necessary to approve the application for unfreezing; furthermore, upon the application for unfreezing, the user shall cooperate with COINBOX FINANCE to verify the identity of the user, including but not limited to the identity information, ID card, passport, other valid identity documents and other information or documents required by our company. COINBOX FINANCE is not required to take any liability of compensation, indemnification, or other liabilities to the user for above freezing or unfreezing.
IX.【Conformance to your local laws】
You agree to abide by all of your relevant local laws as well as all the applicable relevant laws in any competent jurisdiction when you are using this website and this service. You are obligated to pay the relevant tax authorities the tax (If any) on the income gained from any transaction through this service according to laws. In addition, with regard to the prevention of terrorist financing and money laundering activities, COINBOX FINANCE shall prevent the risk of money laundering and terrorist financing in strict accordance with the international anti-money laundering and counter-terrorism financing requirements, and will cooperate with local authorities. When using our services, you shall confirm that your actions are carried out in a legitimate and correct manner and that your digital assets are not derived from or used for illegal activities. COINBOX FINANCE can control, limit or empty your account and digital assets as the case may be or in coordination with local law enforcement authorities.
X.【Privacy policy】
According to international practice KYC, when the COINBOX FINANCE platform operated by BLOCKCHAINS INC. Ltd is providing services, we need to collect and maintain personal information. Normally, we will not disclose to any irrelevant third party any personal information on the customers; under the circumstances, as described below, you allow us to disclose or use your personal information.
1. Collection purpose and use of data
You agree that COINBOX FINANCE may collect process and store the personal data submitted by you or formed when you are using this website or this service. These personal data may include:
(1) The personal information provided to COINBOX FINANCE when the user registers at COINBOX FINANCE; (2) The data at the user's browser or mobile client that COINBOX FINANCE automatically receives and records when the user uses COINBOX FINANCE services and participates in the activity of this website or access to the pages of this website, including but not limited to IP address, data in the Cookie of the website and the page record called by the user; (3) The transaction records and trace of use and other information formed when the user is using this website or the service; (4) The user’s personal information obtained legally by COINBOX FINANCE from business partners; (5) The user’s other personal information obtained through legal means by COINBOX FINANCE.
You agree that COINBOX FINANCE may use your personal data to communicate with you and manage, perform, improve and customize the personalized services for you. You also agree that COINBOX FINANCE may generate the general data from any personal data so collected and use it for our own purposes, including for commercial use. We can also use this data to communicate with you on other products or services provided by COINBOX FINANCE or by its partners.
COINBOX FINANCE platform makes the commitments that:
Without the legal reason or prior consent of the user, the COINBOX FINANCE platform shall not disclose to any irrelevant third party (Except for the partners in association with the services of COINBOX FINANCE) the non-public information of the user such as the user’s password, name, and mobile phone number.
You agree that COINBOX FINANCE may disclose your personal information in the following cases:
(a) COINBOX FINANCE may disclose or use your personal information to identify and confirm your identity, or resolve disputes, or assist to ensure platform security, limit fraud, illegal or other criminal activities; (b) COINBOX FINANCE may disclose or use your personal information to protect the security of your life and property, or to prevent serious infringement to the lawful rights and interests of others or to protect the public interest, or to protect the rights and interests of COINBOX FINANCE, agent, customer or others; (c) COINBOX FINANCE may disclose or use your personal information to enable us to comply with the requirements of government agencies, including regulators, law enforcement departments and/or the judicial departments; (d) COINBOX FINANCE may disclose or use your personal information for the third party providing service to COINBOX FINANCE (e.g. management or technical service), in order to provide you with the services under these terms, and other services approved by you (including the third party service); (e) If COINBOX FINANCE intends to implement merger and acquisition, restructuring, and to sell the shares and/or assets in full or in part, COINBOX FINANCE reserves the right to disclose your information to the parties related to the aforesaid transactions in order to assist COINBOX FINANCE to complete such transaction on the premise of entering into the confidentiality agreement with such party; (f) COINBOX FINANCE may disclose your personal information required for the purposes of performance of these terms.
In addition, we have adopted international standards in order to prevent money laundering, terrorist financing, circumvention of trade and economic sanctions, so we are required to conduct due diligence on the customers, and you agree that we may use third-party data and services for the cross-comparison with your personal information and data.
2. Store your personal data
The personal data of the user we collect may be transferred and stored in a place other than Singapore. All the information you provide us shall be stored in the cloud security servers of our company or third party.
3. Contact COINBOX FINANCE for privacy issues or concerns.
If you have any questions about this privacy policy or the use of your personal data, please contact us by sending an email to the following email address (Titled “PRIVACY REQUEST”): support@coinboxfinance.com
4. Modification to our privacy policy.
Any modification to our privacy policy in the future will be posted on this website, and we have the right (but no obligation) to notify you via email. The use of our website and service by you indicates that you agree with our privacy policy.
XI.【Indemnification】
The user shall indemnify and hold harmless COINBOX FINANCE and its agents (if any), employees, senior officers, directors, affiliates, subsidiaries and successor for any loss or damage (Including the loss or damage arising from the claim by the third party) incurred to COINBOX FINANCE and its agents (if any), employees, senior officers, directors, affiliates, subsidiaries and successor due to the violation of these terms by the user. Similarly, COINBOX FINANCE shall indemnify and hold harmless you and your employees, senior officers, directors, affiliates, subsidiaries and successor for any loss or damage due to the violation of these terms by COINBOX FINANCE, except for the willful default or infringement by COINBOX FINANCE. The upper limit of such indemnification shall not exceed the service charge you shall pay to COINBOX FINANCE under the transaction or service involved in the relevant default.
XII.【No guaranty, limited liability, and disclaimer】
1. As a third-party platform of the “network service provider”, the COINBOX FINANCE platform does not guarantee that the information and services on the website platform can fully meet the needs of users. COINBOX FINANCE shall take no legal liability for any error, insults, defamation, omission, obscenity, pornography, or profanity that users may encounter in the process of receiving the service from COINBOX FINANCE.
2. Based on the particularity of the Internet, COINBOX FINANCE does not guarantee that the service will not be interrupted, not grantee the timeliness, continuity and security of the service, and shall not take any liability not caused by COINBOX FINANCE. COINBOX FINANCE makes efforts to enable the users to access and use the site in a safe manner, but COINBOX FINANCE makes no representation and warranty that this website or its servers are free of viruses or other potentially harmful factors; therefore, the users shall use the industry-recognized software to kill any virus in the document downloaded from COINBOX FINANCE.
3. COINBOX FINANCE is not responsible for the failure in the storage, modification, deletion, or storage of the information posted by users, and is not responsible for typographical error and omissions, which are not intentionally caused by COINBOX FINANCE. COINBOX FINANCE has the right but no obligation to improve or correct the omission and error in any part of this website.
4. Unless expressly agreed in writing by COINBOX FINANCE, COINBOX FINANCE shall not guarantee the accuracy, completeness, and reliability of any content and information acquired by the user from this website in any way (including but not limited to containing, via, connection to, or download from this website), including but not limited to advertising, and etc.; COINBOX FINANCE is not responsible for any product, service, information or data that user purchases or obtains based on the content and information of this website. The user shall take the risk caused by the use of the information and content of this website.
5. COINBOX FINANCE has the right to delete all kinds of information in COINBOX FINANCE that are not in conformity with the laws or these terms and reserves the right not to notify the user without any responsibility therefore.
6. For all the notices given to users, COINBOX FINANCE will deliver by the formal page announcement, in-site mail, email, customer service call, text message or regular mail. COINBOX FINANCE shall take no legal responsibility for any activity or information that is not received through the formal channels of COINBOX FINANCE.
7. COINBOX FINANCE has the right to adjust the handling charge rate for recharging, withdrawal, purchase, and sales according to the conditions of the market, and has the right to decide the termination of the free promotion period.
8. The user understands and agrees that COINBOX FINANCE provides the service in accordance with the current situation achieved based on existing technologies and conditions. COINBOX FINANCE will do its best to provide services to users; but COINBOX FINANCE is unable to foresee and prevent the legal, technical and other risks, including but not limited to force majeure, virus, Trojan, hacker attack, system instability, defect in third party service, government action and other causes that may lead to service interruption, data loss and other losses and risks. COINBOX FINANCE shall not undertake the liability for damages if the system platform is unable to operate normally due to the following conditions, so that the user cannot use the services, including but not limited to:
A. The system shutdown maintenance period as announced on COINBOX FINANCE platform; B. Failure of telecommunication equipment to carry out data transmission C. COINBOX FINANCE platform system is prevented from carrying out the business due to the force majeure factors such as typhoon, earthquake, tsunami, flood, power failure, war, terrorist attack, and so on; D. The service interruption or delay due to the hacker attack, computer virus intrusion or outbreak, technical adjustment or malfunction of telecommunication department, website upgrade, issues in the bank, temporary closure caused by government regulation, and other causes affecting the normal operation of the website. E. Interruption, loss of data, and instability due to the technical problems unforeseen or unsolvable by the existing techniques in the industry, and the consequential loss arising therefrom; F. Losses caused to users or other third parties due to the fault or delay of the third party (including other users).
9. COINBOX FINANCE will take reasonable and feasible measures at the existing technical level to protect the user’s accounts and data privacy, but COINBOX FINANCE cannot ensure that all the private communications and other information of the user will not be disclosed through the channels not set forth in this privacy rule; you acknowledge and agree to take the risk, and agree that COINBOX FINANCE shall take no liability therefor.
10. Whether it is foreseeable or not, and whether it is the result of the action or inaction in any form, COINBOX FINANCE shall take no liability for any special, indirect, punitive, sudden or any other damage (Including but not limited to the loss of profit or interest, and the monetary loss or other losses due to the disclosure of your privacy, the disclosure and embezzlement of your personal information, any failure to perform any liability including integrity or reasonable discretion, and any negligence and for any other reason).
11. Except for the willful damage caused by COINBOX FINANCE to your interests, in any case, the limit of the indemnification, compensation or any other liability to be undertaken by COINBOX FINANCE to you shall not exceed the amount of the service charge to be paid by you to COINBOX FINANCE for the relevant services.
12. This website may provide links to other Internet sites or resources, the user might be linked to the websites operated by the other operators; however, it does not indicate any relationship between this website and such operators. The websites operated by the other operators shall be managed by such operators independently, and shall not fall within the scope of control and liability of this website. COINBOX FINANCE shall not guarantee or take responsibility for any content, advertising, article or other information that exists or derives from such websites or resources. COINBOX FINANCE shall take no direct or indirect liability for any damage or loss due to the use of or reliance on any content, article, or service released by or obtained via such websites or resources.
XIII.【Governing law and venue】
These terms and the use of the service by you shall be governed by and construed in accordance with the laws of Singapore. You irrevocably and unconditionally agree that any litigation or dispute arising from these terms shall be submitted to the exclusive jurisdiction of the court in the place in where COINBOX FINANCE is located.
XV.【Severability】
If any provision of this agreement is deemed as illegal, invalid or unenforceable for any reason, such provision shall be deemed to be severable and shall not affect the legal effect of any other provision hereof.
XVI.【Complaint】
For any complaint, feedback or question, please contact our customer service at support@CoinBox Finance. When contacting us, please provide your name and email address as well as other information that we may need to identify you, as well as the transaction information involved in your feedback or complaint.
XVII.【Miscellaneous】
These terms provide for a complete understanding entered into between both parties on your use of this website and this service and supersede all the prior understandings and communications related to it. Any other document formed previously and inconsistent with these terms shall not be binding on COINBOX FINANCE. You represent and warrant that all the information disclosed to COINBOX FINANCE in association with these terms shall be true, accurate and complete.
These terms shall be explained and interpreted by COINBOX FINANCE.
Welcome to DeFi (Decentralized Finance). A world filled with unicorns, long acronyms, market-moving memes, and slang that changes quicker than a well-executed rug pull.
If you’re new to the crypto world, all of its jargon can make it difficult to follow. But fear not - you have come to the right place. This living glossary is updated constantly, so it’s sure to keep you up to date on the latest Web3 slang. As soon as we see something enter the lexicon, it gets added here.
Know of a term that should be here but is not listing here yet? Let us know at info@coinboxfinance.com
Airdrop (noun, verb) a marketing technique in which crypto projects send their native tokens directly to the wallets of their users in an effort to increase awareness and adoption.
Alpha (noun)
In this type of production process (also known as software release life cycle), alpha is the first stage, consisting of the very first version of a primitive, basic software or product.
ATH- All-Time High (noun) the highest price an asset has ever had.
ATL- All-Time Low (noun) the lowest price an asset has ever had.
Altcoin (noun) initially used to refer to any cryptocurrency that wasn’t Bitcoin, altcoin may now refer to any new cryptocurrency with a relatively small market cap.
Alts (noun) short for altcoins.
Ape (noun, verb) someone who invests heavily into a cryptocurrency or stock, or the act of doing so. This is sometimes a reaction to hype and FOMO or done without much knowledge of the asset. It should be noted, though, that this is generally a self-assigned term and does not carry a negative connotation. Is it a Planet of the Apes reference? Maybe a reference to the sheer physical strength of apes? The origins are a bit blurry, but one thing is certain — apes together strong.
Bear Market (noun) a prolonged period of decline in a financial market.
Bearish (adjective) similar to a bear market, this refers to holding a pessimistic view of a market or asset’s value. If you are bearish on a particular cryptocurrency, you believe its value will decrease over time.
Beta (noun)
In computer science, the term beta refers to the second stage of a software development cycle, and it comes right after the alpha stage. Beta consists of a phase where the software already has all the major features and functions working, but its efficiency, usability, and security still needs further testing.
Bitcoin (noun) the very first decentralised, peer-to-peer, digital currency, created by the pseudonymous Satoshi Nakamoto in 2009.
Block (noun) a batch of transactions written to the blockchain. Every block contains information about the previous block, thus, chaining them together.
Blockchain (noun) a publicly accessible digital ledger used to store and transfer information without the need for a central authority. Blockchains are the core technology on which cryptocurrency protocols like Bitcoin and Ethereum are built.
Block Explorer (noun) a tool for browsing information on a blockchain, such as transactions, wallet addresses, market caps, and hash rates.
Bridge (noun) a protocol allows separate blockchains to interact with one another, enabling the transfer of data, tokens, and other information between systems.
Bull Market (noun) a period where market prices are rising.
Bullish (adjective) similar to a bull market, this refers to holding an optimistic view that a market or asset will rise in price. If you are bullish on Bitcoin, you believe that its value will continue to grow over time.
Burn (verb) the process of removing tokens from a cryptocurrency’s circulating supply, usually done by sending them to an inaccessible wallet address. Other digital assets, such as NFTs, can also be burned via the same process.
Centralised (adjective) a hierarchical structure in which authority and control are concentrated within a small group of decision-makers.
CEX- Centralized Exchange (noun) a cryptocurrency exchange managed by a centralised business or entity. i.e. Coinbase, Gemini, Kraken
CeFi- Centralized Finance (noun) centralized businesses that participate in crypto. I.e. BlockFi, DCG, Grayscale
Coin (noun) a cryptocurrency built on its own native blockchain, intended to be used as a store of value and medium of exchange within that ecosystem. i.e. BTC, ETH, ADA
Collateral (noun) any asset accepted as security for a loan, such as a physical asset like real estate, or a digital asset like an NFT.
Cold Wallet (noun) an offline device used to store cryptocurrencies. Cold wallets can be hardware devices or simply sheets of paper containing a user’s private keys. Because cold wallets are not connected to the internet, they are generally a safer method of storing cryptocurrencies. See also: hot wallet (antonym)
Consensus (noun) the state of agreement amongst the nodes on a blockchain. Reaching consensus is necessary for new transactions to be verified and new blocks added to the blockchain.
Consensus Mechanism (noun) a process through which nodes on a blockchain agree on a transaction or state of the network. See: Proof of Work, Proof of Stake
Cryptocurrency (noun) a digital asset designed to be used as a medium of exchange. Cryptocurrencies are borderless, secure, and maintained by blockchains as opposed to centralised banks or governments.
DAO- Decentralized Autonomous Organization (noun) an organisation based on open-source code and governed by its users. DAOs typically focus on a specific project or mission and trade the traditional hierarchical systems of legacy corporations for guidelines written on the blockchain.
Dapp- Decentralized Application (noun) an application built on open-source code that lives on the blockchain. Dapps exist independent of centralised groups or figures and often incentivise users to maintain them through rewarded tokens.
Data (noun) in the context of the internet, data refers to a user’s personal information, such as name, age, location, interests, browsing history, device usage, purchasing habits, etc. Web3 aims to protect this personal data and give ownership of it back to the user.
DD- Due Diligence (noun) the process of conducting your own research on a cryptocurrency, stock, or other assets before investing. Doing your own DD is essential, as opposed to making an investment based on what someone else says or does. “This is just based on my own research, so do your DD before investing yourself.”
Decentralised (adjective) a system that operates without the control of a central figure or authority and replaces it with a distributed peer-to-peer network.
Degen (noun, adjective) initially short for “degenerate gambler.” While this still refers to individuals involved with risky bets, degen may also refer more broadly to anyone involved in crypto and financial spaces. Like with “ape,” this is generally a self-assigned term and does not carry a negative connotation. Degens are a proud people who enjoy ridiculous call options on GME, buying the dip before paying their rent, and occasionally aping into shitcoins. “Which one of you degens just bought $50K of XRP at its ATH?!”
DeFi- Decentralized Finance (noun) the ecosystem of borderless, trustless, peer-to-peer financial tools being built on public blockchains without the use of banks. DeFi apps are built to be open and interconnected, allowing them to be used in conjunction with one another.
DEX- Decentralized Exchange (noun) a peer-to-peer cryptocurrency exchange built on the blockchain. A DEX is run by its users and smart contracts instead of an intermediary figure or centralised institution. i.e. Uniswap, 1inch, Sushiswap
Diamond Hands (noun, adjective) a term implying that you are extremely bullish on a specific asset and have no plans to sell regardless of market volatility, FUD, or extreme drops in price. Someone who holds onto a cryptocurrency or stock as it drops 40% in a day is said to have diamond hands. See also: paper hands (antonym)
Difficulty (adjective) the level of computing power needed to verify transactions and mining blocks on a proof-of-work blockchain.
Difficulty Bomb (noun) the process of increasing the difficulty of a proof-of-work blockchain in order to motivate the transition to another consensus algorithm (such as proof-of-stake in the case of Ethereum).
DYOR- Do Your Own Research similar to DD, this phrase is used to remind people to conduct their own investigation into an asset before investing in it. “I’m very bullish on this, but obviously DYOR.”
EIP- Ethereum Improvement Proposal (noun) a standard format for presenting a new feature or process to the Ethereum community.
ERC- Ethereum Request for Comments (noun) the standard smart contract outline on which Ethereum-based smart contracts are built.
ERC-20 (noun) the Ethereum token standard, providing a standardised smart contract structure for fungible tokens.
ERC-721 (noun) an Ethereum token standard that allows for the formation of unique tokens, otherwise known as NFTs, or non-fungible tokens. Unlike the ERC-20 standard, ERC-721 tokens have specific properties that enable each to be uniquely identified and valued independently of one another.
ERC-1155 (noun) an Ethereum token standard that allows for fungible, non-fungible, and semi-fungible tokens to be managed simultaneously by a single smart contract. These are commonly used in gaming and collectible trading to reduce the number of necessary transactions.
Ethereum (noun) a public blockchain is serving as the foundation for decentralised applications. Ethereum is a Turing complete language, allowing users to write and deploy complex, self-executing smart contracts that live on the blockchain.
Few short for “Few understand”. A rallying cry that crypto folks are still early in this space and will make a lot of money when mass adoption comes.
Fiat (noun) a currency established as legal tender often backed and regulated by a government, such as the US Dollar.
Flippening (noun) a reference to the possible event of Ethereum becoming more valuable than Bitcoin in terms of market cap. DISCLAIMER: Please do not mention the flippening to Bitcoin maxis. They will not think it is funny, and they will proceed to explain why Ethereum is a shitcoin.
FOMO- Fear Of Missing Out (noun) a feeling of anxiety, stemming from missing out on an opportunity. In investing, this usually coincides with investors buying an asset after it has already seen a considerable price increase, hoping to get in and out before a pullback occurs. This is known as “FOMOing in” or “aping in.”
Fork (noun, verb) a change to a blockchain’s protocol. When these changes are minor, this results in a soft fork. When the changes are more fundamental, this may result in a hard fork, leading to the formation of a separate chain with different rules. See also: hard-fork, soft-fork
Fractionalize (verb) the process of locking an NFT into a smart contract, and then dividing it into smaller parts which are issued as fungible tokens. This lowers the price of ownership and allows artwork and other digital assets to be owned by a community.
FUD- Fear, Uncertainty, and Doubt (noun) news around an asset that seems negative, but turns out to be false or blown out of proportion.
Full Node (noun) a blockchain node that stores the blockchain’s complete history, as well as verifies and relays transactions. See also: node, light node, master node
Fungible (adjective) interchangeable; exchangeable with something else of the same kind. See also: non-fungible (antonym)
Gas (noun) a fee paid by a user to conduct a transaction or execute a smart contract on the Ethereum blockchain. This fee is dependent upon the transaction’s complexity as well as the current demand on the network. See also: gwei
Genesis Block (noun) the very first block of a blockchain network.
GMI short for “gonna make it.” This term is frequently thrown around on Twitter to voice support for a project or person. See also: NGMI (antonym)
Gwei (noun) a denomination of ether used as the unit of measure for Ethereum gas prices. 10^9 gwei = 1 ether. See also: gas, wei
Hard Fork (noun, verb) a fundamental change to a blockchain that is not compatible with the existing protocol, requiring the formation of a new chain. i.e. Bitcoin vs. Bitcoin Cash, Ethereum vs. Ethereum Classic
Hashing (verb) the process of taking an input of any size and producing a corresponding fingerprint of a fixed-length. Hashing allows a set of data to be secured, stored, and recalled using a unique identifier code. This is the backbone of blockchain technology, allowing data and transactions to be verified and stored in a secure manner. See also: SHA-256, txn hash
Hash Rate (noun) also referred to as hash power, this is the rate at which a computer can generate guesses to a cryptographic puzzle. Hash rate can also refer to the overall power being used by the entire network on a proof of work blockchain.
HFSP- Have Fun Staying Poor a phrase commonly aimed at individuals who do not own any cryptocurrencies, or don’t believe in the value of a certain asset. “Did you buy some ETH yet?” “No, crypto is a ponzi-scheme that will crash any day now.” “LOL okay HFSP.”
HODL an expression meaning “hold” and frequently taken to be an acronym for Hold On for Dear Life. This term actually began its life as a typo on an old forum, Bitcointalk.org, where user GameKyuuby explained that he was “HODLING” his bitcoin as the price dropped. The misspelling quickly caught on and is still used today.
Holding the bag this is the unfortunate position you find yourself in when an asset you own quickly drops in value but you do not sell. You are thus left holding a bag of worthless coins or stocks. Those who end up in this position are referred to, unsurprisingly, as bagholders. “I’m not holding the bag. I’m HODLING. The bull market isn’t over.”
ICO- Initial Coin Offering (noun) the selling of tokens to the public in order to raise capital for a crypto-based project . ICOs are a crowdfunding approach, similar to a traditional company’s IPO.
IEO- Initial Exchange Offering (noun) similar to an initial coin offering, or ICO, an initial exchange offering is a method of selling tokens to raise capital, but with increased regulation. Unlike an ICO, which sells new tokens directly to the public, an IEO is managed by an existing cryptocurrency exchange. By working with a known and trusted exchange, IEOs seek to make the ICO process more secure.
Key (noun) See public key, private key
L1- Layer 1 (noun) this is the blockchain platform itself, also referred to as the base layer, mainchain, or mainnet. i.e. Bitcoin, Ethereum, Cardano, Litecoin, Solana, Polkadot
L2- Layer 2 (noun) protocols, also referred to as solutions, built on top of a layer 1 blockchain and commonly used to improve scalability, privacy, and add cross-chain communication. Unlike sidechains, which use their own consensus mechanisms, layer 2 solutions are secured by their underlying mainchain. i.e. Lightning Network, Optimism, Arbitrum
Lambo (noun) short for Lamborghini. The ability to purchase Lambo is a goalpost for success, used in a myriad of phrases in the crypto and degen spaces. For instance “wen Lambo?” roughly translates to “I just purchased $43 worth of Dogecoin. When will the value of said investment increase enough to enable the purchase of a Lamborghini?”
Light Node (noun) a blockchain node that downloads just enough data from the blockchain in order to process and verify transactions. Unlike full or master nodes, light nodes do not store a blockchain’s complete history.
Liquidity (adjective) a measure of how easily an asset can be bought, sold, or traded in a given market or on an exchange.
Liquidity Pool (noun) a collection of user-provided funds locked into a smart contract to facilitate trading on a DeFi platform. On decentralized exchanges and lending protocols liquidity must be provided by the users, as there is no central bank or figure to do so.
Mainnet (noun) short for main network, this is a main layer 1 blockchain, as opposed to a testnet or layer 2 solution. See also: L1, testnet (antonym)
Market Cap (noun) the total value of an asset based on its current market price. A cryptocurrency’s market cap is found by multiplying the price of a single coin by its circulating supply.
Master Node (noun) a blockchain node that verifies and relays transactions, stores the blockchain’s complete history, and may participate in voting, governance of the blockchain, and other special operations. Master nodes generally operate on a collateral-based system, similar to a Proof-of-Stake protocol. See also: node, full node, light node
Mining (verb) in a Proof of Work system, this is the process of verifying transactions, organizing them into blocks, and then adding blocks to the blockchain. Participants who perform this process are called miners.
Minting (verb) the process of adding a transaction or block to a blockchain.
Moon / To the moon! this phrase implies that the value of an asset will go so high that it will reach the literal moon. This is used by shills, bulls, and during a bull market, essentially everyone. Another form of this is “wen moon?” This is used to express one’s impatience with an asset which is not increasing in value as quickly as they had hoped. See also: Lambo
Moonboy (noun) a term for social media “financial experts” and YouTubers who are overly optimistic and constantly explaining how a given asset is “about to go to the moon!” See also: shill
NFT- Non-fungible token (noun) a digital certificate of authenticity used to assign and verify ownership of a unique digital or physical asset. Unlike fungible tokens, NFTs are not interchangeable with one another. See also: ERC-721, non-fungible.
NGMI short for “not gonna make it.” This is used to imply that a certain project or asset has a low chance of becoming valuable. This can also be directed at an individual, usually someone who had made a poor trade or investment. “Everyone who sold their ETH during that dip ngmi.”
Nocoiner (noun) a term used to describe someone who does not hold any cryptocurrencies, or who is generally unfamiliar with crypto.
Node (noun) any device connected to a blockchain network. Different nodes have varying levels of responsibility, and may help validate transactions, store the blockchain’s history, relay data, and perform other functions. Because blockchains are distributed peer-to-peer networks, nodes come together to create the network’s infrastructure. See also: full node, light node, master node
Non-fungible (adjective) unique; not interchangeable. See also: NFT
Oracle (noun) a service supplying smart contracts with data from the outside world. Smart contracts are unable to access data that exists off-chain, so they rely on oracles to retrieve, verify, and provide external information. i.e. Chainlink, Band Protocol
P2P- Peer-to-Peer (adjective) a distributed network of two or more computers that interact directly without a central server or entity.
Paper Hands (noun, adjective) a term used to describe someone who sold a cryptocurrency or stock as its price fell, usually for a loss. Someone with paper hands is said to be weak and unable to stomach market volatility.
Private Key (noun) an alphanumeric passcode required to withdraw assets from a blockchain wallet and authorise digital transactions. Because these private keys are long and difficult to memorise, wallets will generally associate them with a seed or recovery phrase that is easier to remember. See also: public key, seed phrase
Potentially Promising first used by Elon Musk to refer to planned upgrades to Dogecoin. Referring to something as being potentially promising quickly caught on, being used both sarcastically and in a serious manner, albeit tongue-in-cheek.
PoS- Proof of Stake (noun) a consensus mechanism that requires nodes called validators, to stake a set amount of cryptocurrency on the blockchain in order to verify transactions and mint blocks. If a validator approves fraudulent transactions, then a portion of their stake will be slashed. See also: slash
PoW- Proof of Work (noun) a consensus mechanism that requires miners to complete complex mathematical puzzles in order to verify transactions and mint blocks. When a miner correctly solves a puzzle, they gain access to mint the next block and receive the corresponding block reward and transaction fees. See also: miners
Protocol (noun) the foundational software layer of a program. Protocol has become a general term used to refer to both layer 1 blockchain networks and the layer 2 applications built on top of them — Bitcoin, Ethereum, Uniswap, and Lightning Network can all be considered protocols.
Public Key (noun) uses to point to your wallet address, this is an alphanumeric code that serves as the address for a blockchain wallet, similar to a bank account number. Other users can send digital assets to your wallet via your public key, but only you can access your wallet’s contents by using the corresponding private key. See also: wallet address, private key
Pump and dump (noun, verb) a scheme where a cryptocurrency or other asset is hyped up, leading many to buy into it, raising its price. Those who did the hyping then sell their holdings of the asset as the price rises for a short period of time. This then leads to a sharp selloff where anyone who did not sell suffers a loss. See also: holding the bag, rekt, rug pull
Rekt (adjective, verb) as in “wrecked,” used to express that one has suffered a huge loss.
Rug pull (noun, verb) a scam manoeuver where a crypto project takes the funds that have been invested into its protocol and runs. An inside job pump-and-dump, if you will. A rug pull can also occur in assets with highly centralised ownership. If someone is able to sell a large portion of the circulating supply at once, this rapidly increases the supply, which can cause the price of the asset to plummet.
Rollup (noun) a scaling solution that aims to improve transaction throughput and decrease fees by batching multiple transactions off-chain and then submitting them to the main chain as a single transaction. i.e. Optimism, ZK, Arbitrum
Satoshis/Sats (noun) the smallest denomination of BTC, equal to 0.00000001 bitcoin. Satoshis are named after Bitcoin’s pseudonymous creator, Satoshi Nakamoto.
Scalability (adjective) a protocol’s capacity to handle higher demand and increase transaction throughput as the network grows.
Seed Phrase (noun) a string of words used as a master password to access a crypto wallet. Because a single wallet can contain multiple accounts, all with their own private keys, a seed phrase makes it easy to access them all with the same password.
SHA-256 (noun) SHA stands for Secure Hashing Algorithm, a set of cryptographic hashing functions designed by the NSA. Essentially, SHA-256 takes an input of data and generates a long sequence of letters and numbers, called a hash. This hash is then used as a secure placeholder for the data it represents. See also: hashing
Sharding (verb) a method of separating a network’s nodes out into smaller groups (shards) in an attempt to increase scalability. These shards are then able to reach a consensus on behalf of the entire network, removing the need for every node to process every transaction.
Shill (verb, noun) the act of heavily promoting a cryptocurrency, stock, or other asset in an effort to increase adoption and, in turn, raise its price. This is usually done via spamming on social media, and generally carries a negative connotation. A person who performs the act of shilling may also be referred to as a shill. “I’ve been shilling this new dog coin on Twitter all month, wen Lambo?!”
Shitcoin (noun) a cryptocurrency with weak fundamentals and little to no use case.
Sidechain (noun) a parallel blockchain used to offload transactions from the main chain in order to increase scalability or add other functionality. Sidechains are connected to their main chain, or parent chain, via a two-way link which allows data and assets to be seamlessly transferred. i.e. Matic, Dai
Slashing (verb) the process of burning or redistributing a validator’s staked cryptocurrency as punishment for approving fraudulent charges or otherwise endangering the network.
Slippage (noun, adjective) the price of a cryptocurrency may change between the time an order is placed and the time that order is ultimately filled. Slippage is the difference between a cryptocurrency’s quoted price and the price that a trade actually executes at.
Smart Contract (noun) self-executing code deployed on a blockchain. Smart contracts allow transactions to be made without an intermediary figure and without the parties involved trusting one another.
Soft Fork (noun, verb) a backwards-compatible update to a blockchain. Unlike a hard fork, these changes do not require the creation of a separate chain. See also: fork, hard fork
Solidity (noun) the native programming language of Ethereum mainly used to write smart contracts.
Stablecoin (noun) a token with its value pegged to another asset. Stablecoins are usually backed by a fiat currency, like the US dollar, but can also be pegged to physical assets like precious metals, or other cryptocurrencies like Bitcoin. i.e. USDT, Dai, USDC
Testnet (noun) a software environment that mimics a mainnet blockchain, used to test network upgrades and smart contracts before deploying them to the mainnet.
Token (noun) unlike a coin, a token is a digital asset created on an existing blockchain. Tokens can be used to represent digital and physical assets or used to interact with dapps. i.e. LINK, UNI, AAVE
TPS- Transactions per second (noun) the number of transactions that a blockchain can handle per second, used as a benchmark to measure its computational power.
Transaction (noun) data are written to a blockchain. New transactions are verified by nodes on the network and then broadcasted to other nodes. Once enough nodes have verified the transaction, it is considered valid and added to a block.
TVL- Total Value Locked (noun) a measure of the assets locked into an Dapp’s smart contract, usually expressed in USD.
Txn Hash (noun) short for transaction hash, or transaction ID. This is a unique identifier used to represent a specific transaction, written as a long string of letters and numbers. By pasting a txn hash into a block explorer like Etherscan, you can find the details of the transaction it represents. See also: hashing, SHA-256
Ultrasound Money
a rebuttal against the argument that Bitcoin is “sound money” or the “hardest form of currency” by saying that Ethereum post-EIP 1559 and post-ETH2 merge will be more sound than Bitcoin.
Up Only
a tongue-in-cheek saying, implying that a cryptocurrency or other asset can only increase in value. This is used to voice one’s bullish stance on an asset, although it may also be used sarcastically.
Vaporware (noun) a product or project that is announced and marketed but never actually materialises.
Wallet (noun) a software application or hardware device used to store the private keys to blockchain assets and accounts. Unlike a traditional wallet, a blockchain wallet does not store the coins or tokens themselves. Instead, the users hold the private key that proves ownership of a given digital asset. i.e. Metamask, Coinbase Wallet, Ledger, Trezor, Coinbox Finance
Wallet Address (noun) also known as a public key, this is an alphanumeric code that serves as the address for a blockchain wallet, similar to a bank account number. Other users can send digital assets to your wallet via your public key, but only you can access your wallet’s contents by using the corresponding private key.
Web1 (noun, adjective) the first iteration of the web, commonly referred to as the “read-only web.” Web1 was characterised by static websites that displayed information. There was little to no user interaction or user-generated content.
Web2 (noun, adjective) starting in the 90s, the “read-write web” is characterised by user-generated content and improved user interfaces. This led to the creation of blogs and social media platforms, as well as sites like Wikipedia and YouTube. Web2 placed more emphasis on user experience and interoperability between different applications and websites, giving us the vast network of connected websites and resources that we are familiar with today.
Web3 (noun, adjective) the next iteration of the web being ushered in as we speak, which leverages blockchain technology, open-source applications, and the decentralisation of data and information. Web3 aims to remove control of the web from monopolistic tech companies, and return ownership of data and content to its users. Also referred to as the “read-write-trust web.”
Wei (noun) the smallest denomination of ether, named after cypherpunk and cryptocurrency pioneer, Wei Dai. 10^18 gwei = 1 ether.
YOLO- You Only Live Once investing too much money into a single asset; making a generally risky bet.
51% Attack (noun) an attack in which a single entity or organization gains control of over half of the nodes or mining power on a network. This then allows the entity to disrupt the network by excluding certain transactions, double spending cryptocurrency, and performing other malicious acts.