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Frequently Asked Questions
What is Fiat?
Fiat is a state-issued currency, e.g. US dollar. Fiat currency is not pegged to gold. It has no backing at all.
What is Cryptocurrency?
Cryptocurrency is a digital asset meant to function as a means of exchange. It uses cryptography for its transactions, production of additional units and asset transfer revision. Most cryptocurrencies are Blockchain-based.
What is Cryptography?
Cryptography is the study of methods for privacy, data consistency and authenticity. It is the mainstay of cryptoindustry as a whole. Therefore, it provides for blocking access to personal information, preventing undetected data modification, checking of authentication and other object properties.
How many Satoshis are in 1 Bitcoin?
Satoshi is the smallest unit of Bitcoin. It equals one hundred millionth of 1 Bitcoin (0.00000001 BTC). Satoshi is named after the anonymous Bitcoin creator Satoshi Nakamoto who, according to some reports, owns about 1,000,000 BTC.
Market cap is the total value of cryptocurrency on the market. It equals to current coin price times the number of all coins issued.
How to Exchange via Totalcoin?
SA detailed description for the process of exchanging currencies using Totalcoin
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Trading rules on Totalcoin p2p platform
Service fee - 1% Trading rules for market makers It is forbidden to create ads that aim at disturbing other users. I...
I accidently released Bitcoin without receiving a payment. What should I do?
You should contact technical support as soon as possible. We will try to lock th...
A buyer sent me money for Bitcoin, but forgot to confirm a payment in 15 minutes, and a deal was cancelled automatically
Please contact technical support, we will check everything and find a solution....
Payment system or bank I used for Bitcoin trading blocked my account. Will you compensate for my loss?
No. We are not responsible for this. Choosing a payment system or bank is your r...