Cryptocurrency is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized P2P payment network that is powered by its users with no central authority or intermediaries. From a user perspective, Cryptocurrency is very similar to cash for the Internet.
Each bitcoin transaction “waits” inside the mempool (abbreviated from “memory pool”) before it can be confirmed by a network of miners. When there is sharp increase in activity on the network, the mempool can become clogged if the number of transactions awaiting confirmation in the next block is too large.
In most cases, the transactions will be confirmed after a while, taking more time than usual.
18 years and above.
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The minimum transaction size is 547 satoshis, which is 0.00000547 BTC.
Yes, you can. All addresses created (generated) in your wallet accounts remain valid and can receive funds even if they no longer appear when you click on 'Receive'. A new address is generated and appears on the 'Receive' screen every time you receive funds sent to the previous address.
You cannot cancel a transaction or get your funds back once it has been sent. So it's a good idea to triple check the amount you're sending, the transaction fee and that it's going to the correct address.The Blockchain network is configured such that transactions are irreversible and we don’t have any control over them.
To send coin, you need to follow the following steps:
1. Go to your personal account and click "Widthdraw";
2. Select the coin wallet you want;
3. Enter the coin address of the recipient;
4. Enter the amount to be sent;
5. Set the fee and send the funds
To receive coin payment, you need to follow the following steps:
1. Go to your personal account and click "receive"
2. Select the coin wallet you will use to receive the payment;
3. Send the wallet address or QR code to the person who is sending the coin to you
Egate Global users can choose the level of fee (Priority, Normal, Economy, Super Economy) or set the amount manually. Since the fee can be changed, the user can influence the speed of transactions.
Egate Global users do not pay any fee for receiving coin.
The received funds appear in your available balance after receiving 1 confirmation in the Blockchain network.
Usually when receiving coin, you cannot immediately dispose of them. Once a transaction is completed,it is sent to Blockchain network for processing and has to be included in a newly found block before becoming legitimate. The process of including a transaction in a block is called a transaction confirmation. Inclusion in 1 block = 1 confirmation. When there are more than 1 of such confirmations, the transaction is
In your account, go to "Settings" and enable/disable OTP Authentication and Two-step e-mail verification.
If you forgot your password, click "forgot password", and then enter the e-mail address you used when registering. A link to reset your password will be sent to that e-mail address. Follow the link and enter a new password.
Since the Blockchain network is completely decentralized, there is no need to provide documents. We also support total anonymity of Blockchain payments.
Two-factor authentication provides additional level of security for your wallet. When you log in to your wallet, you will need to enter your wallet password and a one-time password sent to you by email, or via Google Authenticator.
The Google Authenticator app generates codes for two-factor authentication on your phone. Two-factor authentication adds an additional layer of protection to your Google account, because you do not only need a password to sign in to your account, but also a code generated by the app.
Our login pages are by default protected with an SSL certificate that encrypts your login details.
The commission depends on the size of the transaction, for every 1000 bytes you have to pay 1 share of the commission, it equals 0.0005 BTC. You can adjust this share of the commission in the settings of the application