Cryptocurrency is a digital asset recorded on a blockchain. Transfers use network-specific addresses and are approved through a wallet or custodial service. Sending the correct asset on the correct network matters because transfers generally cannot be reversed.
Terms you will see
| Term | Meaning |
|---|---|
| Blockchain | A shared record of transactions maintained by a network. |
| Wallet | A tool or service used to manage addresses and approve transfers. |
| Network fee | A fee associated with processing a blockchain transaction; a sending service may add its own charges. |
| Confirmation | Progress in recording a transaction on the blockchain. |
| Stablecoin | An asset designed to track a reference value, without a guarantee that the value will be maintained. |
Using cryptocurrency at Metaspins
Check the supported asset, network and minimum in Cashier before each deposit. Verification and location restrictions can still apply; cryptocurrency does not remove these requirements. Prices can change, transfers can be irreversible and you should never share wallet recovery information.