Damex
Glossary

What is a Multisig Wallet?

A Multisig Wallet is a digital wallet that requires multiple private keys to authorize a transaction.

How do Multisig Wallets enhance security?

Multisig wallets enhance security by requiring multiple approvals for transactions.

How does a Multisig Wallet work in simple terms?

A Multisig Wallet needs more than one person to approve a transaction, similar to needing multiple signatures to access a safe. This adds an extra layer of security to your digital assets.

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Related terms (by category)

Market Order

An order to buy or sell a financial instrument immediately at the best available current price.

Membership Tiers

Different levels of membership within Damex, each with specific benefits and requirements.

Modulr Finance

The financial service provider partnered with Damex for issuing IBANs, sort codes, and Visa cards.

Related terms (by alphabet)

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Mobile Payments

Your Instant, Easy, and Safe Mobile Payment App

Exchange of fiat and digital assets

Simplify Your Asset Exchange Experience

Accounts

We’ve got the right solution to keep your funds safe

Step gamification

Turn Your Finances into a Rewarding Adventure!!

Damex Co-branded Visa Card

Swipe, Shop, and Celebrate: Financial Freedom with Damex Visa Cards!

Cashback

Unlock the True Potential of Your Finances

Discover Damex Business

Trading

Helping medium and high-risk clients improve the efficiency and profitability of their global payments processes

IBANs

Accessing corporate bank accounts has become more and more difficult over recent years, particularly for companies deemed to be medium or high risk.

Custody Solutions

Damex offers three alternative custody solutions.

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Career

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Culture

We are dynamic, we are progressive, we are united.

Team

We are dedicated to make ownership and management of Digital Assets simplified.