Damex
Glossary

What is a Private Key?

A Private Key is a secret key used to encrypt and decrypt data, particularly in cryptocurrency transactions.

Why is a Private Key important?

It is essential for accessing and managing digital assets.

How does a Private Key work in simple terms?

A Private Key is like a secret code that lets you access and manage your digital money. Think of it as a password for your cryptocurrency wallet, ensuring that only you can access your funds.

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Related terms (by category)

Public Key

A key that is publicly available and used to encrypt data.

Privacy Policy

Guidelines that describe how Damex collects, uses, and protects users’ personal data.

Related terms (by alphabet)

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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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