FAQ

Space Edge is a European based cryptocurrency exchange service platform. It allows people from all around the Europe to safely exchange fiat currency to cryptocurrency and vice verca, using credit cards or bank transfer.
Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units. Since crypto is decentralized, it is important that some rules exist to assure that transactions involving digital assets are legitimate.
Cryptocurrency received its name because it uses encryption to verify transactions. The aim of encryption is to provide security and safety.
Blockchain stores all transaction data, chronologically tracking the public digital asset transactions. While this may sound simple, this level of data storage takes an incredible amount of work. 
Trading means buying, selling or holding cryptocurrencies such as Bitcoin, Ethereum, Litecoin  and others, with the aim of generating a profit.

Definitions:
  • Fiat -  Centralized currencies, made legal tender by a government decree. such as Euro or U.S. Dollars.
  • Decentralized - Something that is controlled by several local offices or authorities rather than one single one.
  • Blockchain - A system in which a record of transactions made in cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.
  • Miners - Computers that confirm transactions on the blockchain using a series of advanced computations.
  • Confirm - Confirmations are necessary for a successful transaction. 
  • Address - An address is an alphanumeric string of letters and numbers that is unique to a wallet. It is what is used to route digital assets across the network to a particular destination. Different coins have unique address formats.
Bitcoin is a type of decentralized digital currency that can be transferred on the peer-to-peer bitcoin network in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.
Yes it is! Clients' passwords, private keys and PIN's are never disclosed to any third-party nor to any of Space Edge employee. Company's security structure is created by top industry professionals according to the highest security standards.
Opening the account is very simple:
  • Register your account in Space Edge sxchange platform.
  • After your account is created, choose "Verify".
  • Then fill out the verification form and personal information and upload the required documents
  • Wait untill verification request has been approved.
We make every effort to process all verification requests in the shortest time possible. You will receive an email notifying you of the result once this has been done.

Note:  Personal accounts are intended only for personal, non-commercial use. This means that all transfers made to and from this account type must be made using a bank account held in the Account Owner's name.
It is very simple to buy cryptocurrency on our platform. 
  • User needs to open an account on Space Edge.
  • Then client needs to verify his/her account by providing personal information and providing required documents.
  • Once previous steps are done, cverified client can buy Bitcoin or another cryptocurrency with a credit/debit card or bank transfer by clicking the "Buy Crypto" button in the Dashboard. 
Once users account is verified, user may deposit funds to start trading.
  • User can transfer funds using the preferred ayment method. 
  • User should select the order type he/her wishes to place, enter the amount of the cryptocurrency he/her wishes to purchase, and place a buy order through our Buy/Sell page.
Cryptocurrencies supported at Space Edge may also be purchased directly, using the credit card deposit option with user's Visa or MasterCard credit/debit card.
A wallet (cryptocurrency/ crypto wallet) is software or hardware that enables users to store and use cryptocurrency.

With cryptocurrency, there is no tangible currency, no paper money to place within a physical wallet or purse. Cryptocurrency exists on the blockchain, and there is no physical manifestation that a user touches. However, there still is a need for individuals and organizations to understand ownership of cryptocurrency assets and to be able to know how much is held, much like a bank account provides a bank balance.

A crypto wallet provides a way for users to validate an account balance to provide visibility into how much cryptocurrency the user owns. A crypto wallet enables users to both send and receive cryptocurrency transactions, in an approach that is similar in concept to how a traditional bank account enables users to conduct transactions.

Сrypto wallet consists of a set of letters and numbers.

Here's how it works:

User buys cryptocurrency (i.e. Bitcoin) from Space Edge, then it is sent to users wallet.
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