What is the settlement process for digital currency transactions?
shahraza zaidiMar 13, 2021 · 4 years ago1 answers
Can you explain the step-by-step process of settling digital currency transactions? How does it work?
1 answers
- Dhanraj brNov 30, 2023 · 2 years agoAt BYDFi, the settlement process for digital currency transactions follows a similar pattern. Once the buyer and seller agree on the terms, the buyer sends the payment to the seller's wallet address. The transaction is then processed and recorded on the blockchain. Once the transaction is confirmed, the digital currency is transferred to the buyer's wallet. BYDFi ensures a secure and efficient settlement process for its users, making it a reliable platform for digital currency transactions.
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