Definitions

  • Anti-money Laundering (AML)

    AML refers to a set of laws, regulations, and procedures intended to prevent people from disguising illegally obtained funds as legitimate income. Paxful takes AML protocol seriously, and we abide by all laws, regulations, and procedures.

  • Bitcoin (BTC)

    デジタル通貨の一種で、暗号化技術を使用して通貨単位の生成を調整し、資金の移動を検証するために使用されます。中央銀行とは無関係に動作します。

  • Block chain, blockchain


    The Bitcoin block chain is a public record of all Bitcoin transactions. You might also hear the term used as a “public ledger.” The block chain shows every single record of bitcoin transactions in order, dating back to the very first one. The entire block chain can be downloaded and openly reviewed by anyone, or you can use a block explorer to review the block chain online.

  • Coin locking

    Coin Locking or a coinlock is when a buyer holds onto a seller's cryptocurrency in a trade escrow without an intention to make payment and complete the trade. This is a common case of cryptocurrency fraud.

  • Cold Wallet

    A cold wallet is a Bitcoin wallet that is in cold storage. It is considered hardware that is not connected to the internet. When you are not connected to the internet, your Paxful wallet becomes a cold wallet.

  • Cryptocurrency


    Cryptocurrency or digital currency is a type of currency that uses cryptography instead of a central bank to provide security and verify transactions. Bitcoin is the first developed cryptocurrency.

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