What is a software wallet in cryptocurrencies?
A software wallet is an application for storing cryptocurrency and managing it directly on a computer or smartphone. It creates and stores the access keys to your assets in the form of files.
What is a cold wallet (cold storage) in cryptocurrencies?
A cold wallet is a way of storing cryptocurrency offline, without a constant connection to the internet. This method is considered one of the most reliable for protecting assets from hacking.
What is ECDSA (Elliptic Curve Digital Signature Algorithm) in cryptocurrencies?
ECDSA is a digital signature algorithm based on elliptic curves that allows the owner of a private key to confirm the right to dispose of coins. It is precisely what protects transactions in Bitcoin and many other networks.
What is KYC/AML (Know Your Customer / Anti-Money Laundering)?
KYC/AML is a set of rules under which exchanges and exchange services are obliged to identify customers and counter money laundering. Usually the procedure includes verifying identity by documents.
What is a withdrawal in cryptocurrencies?
A withdrawal is the operation of transferring money or cryptocurrency from a platform or service to an external wallet, bank card, or user account, based on a request the user submits specifying the details and amount.









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