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Supported currencies

multi-currency crypto-wallet
The Netbox.Browser has the integrated Netbox.Wallet multi-currency crypto-wallet. With the crypto-wallet, it is possible to store and conduct transactions both in the internal Netbox.Coin cryptocurrency and in other popular cryptocurrencies (Bitcoin, Ethereum). The Netbox.Wallet also allows the user to have accounts in fiat currencies, such as USD and EUR. For all cryptocurrencies supported by the Netbox.Wallet, cryptographic keys and addresses are generated on the corresponding blockchain networks.

Wallet features

cryptocurrencies and fiat currencies
With the Netbox.Wallet, it is possible to store, send, receive, and exchange all cryptocurrencies and fiat currencies supported by it. For example, the user of the Netbox.Wallet can exchange Netbox.Coins to Bitcoins or USD. It is possible to replenish the fiat accounts both using a payment card and by direct bank transfer to the Netbox.Wallet account.

Exchange and trading transactions

multi-currency crypto-wallet

Within the Netbox.Wallet, it is possible to conduct exchange and trading transactions between all the supported cryptocurrencies and fiat currencies.
An exchange transaction is conducted using the current system rate for this currency pair. Exchange transactions are performed in the shortest time, with the main delay determined by the transaction rate in the corresponding blockchain.
A trading transaction is carried out by placing a trade request, where the desired rate is set by the user. The term of execution of a trading transaction depends both on the term of execution of the trade request and on the delay in the execution of the transaction in the corresponding blockchain.

Security

multi-currency crypto-wallet
When creating a Netbox.Wallet, a pair of cryptographic keys are generated for the user: public and private ones. The private key is used for transactions to send Netbox.Coins from the user's wallet. For the convenience and security of the user, the private key is stored only in an encrypted form. The encryption key is the password assigned by the user. The team does not and cannot have any access to the users' private keys, as they are stored only in an encrypted form. The key is decrypted on the user's side to sign transactions related to sending cryptocurrency. A password known only to the user is used for decryption. The user bears the sole responsibility for keeping the password secure.