What are the reasons for Square holding my digital currency?

3 answers

• camperjesusAug 18, 2021 · 4 years ago
  Square holds your digital currency for security reasons. By holding your currency in a secure wallet, Square ensures that it is protected from potential hacks or theft. This adds an extra layer of security for both you and Square.
  230

  115
• Makafui DeynuDec 07, 2020 · 5 years ago
  Square holds your digital currency to facilitate quick and easy transactions. By holding your currency, Square can process transactions faster and provide a seamless experience for its users. This helps to improve the overall efficiency of the platform.
  253

  85
• Muskan TiwariAug 02, 2024 · a year ago
  As an expert in the digital currency industry, I can tell you that Square holds your digital currency to comply with regulatory requirements. This is a common practice among reputable digital currency platforms to ensure that they are operating within the legal framework and protecting their users' assets.
  307

  77