Sentences with phrase «funds in their digital wallets»

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• TNG Fintech, a Hong Kong - based creator of a digital wallet platform, raised $ 115 million in Series A funding.

Tokens are often released through a crowdsale known as an initial coin offering (ICO) in exchange for existing coins, which in turn fund projects like gaming platforms or digital wallets.

The bitcoins have to be held in a special digital wallet which can be used to send and receive funds and transferring bitcoins is always free.

However, funds were stored in customer's e-wallets, so they'll remain accessible via the digital wallet provider.

Now, anyone with the Abra app in the US or the Philippines can send money for free to anyone else with the app by funding their Abra wallet (buying digital cash) with their bank account.

Thereafter, provide your bank account details or digital wallet details (depends upon your payment method) as asked by buyer for example in above screenshot buyer needs my name, bank account number, IFSC code, and bank name to transfer funds.

Since it serves as an international digital wallet, Neteller has the functionality of being able to withdraw your funds to your local bank account, in your own local currency.

Apart from security, the PayPal digital wallet also offers a fast means of depositing and withdrawing funds, as all transactions are done in an instant.

While this makes transactions and investments anonymized to a degree, this also means that investors in cryptocurrency and those participating in Initial Coin Offerings (ICOs) will have little protection should their digital wallets be compromised, cyberattackers steal funds from trading posts, or exit scams occur.

You'll find varying costs for depositing money to your digital wallet, buying and selling bitcoin and withdrawing funds in fiat currency.

BItstamp stores 98 % of its digital funds offline in cold wallets to ensure security of fund whilst maintaining a MultiSig wallet as well.

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Digital wallet and crypto - exchange Coinbase has raised $ 100 million in a Series D funding round led by well known VCs including IVP plus Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates.

A simple process where a film enthusiast can log into his account, add US$ 5.00 in value to his digital wallet (either by electronic funds transfer, an online credit / debit card transfer authorization, or by exchange of a fraction of a bitcoin or other cryptocurrency through an exchange), and then clicks to watch a film.

Once a purchase has been agreed, the user will transfer the Bitcoin to their digital wallet to keep the funds secure in what is called a «cold storage» wallet.

To understand crypto wallet's security details, every cryptocurrency is an entry in the blockchain and is associated to a public key but the owner of the funds needs a private key to unlock cryptocurrency in order to move, exchange or convert it to another digital currency.