FAQ (click on an item to reveal the answer)

General

1. Please go to www.coindrawer.com/signup to sign up.
2. After submitting the required information, please check your email for an account verification notice.

Coindrawer uses banking-grade encryption to protect our systems and your coins. Additionally, we regularly sweep 80-90% of our coins to “cold-storage”. Those coins cannot be spent and the private keys are stored in a bank vault for safe-keeping.

There currently are no fees for trading or to use your wallet while we grow.

Bitcoin is a digital or "crypto" currency that enables instant payments to any person, regardless of their location. Bitcoin serves as a unit of exchange for business transactions. It is recognized by some regulatory authorities as real money. "Altcoins" are alternatives to bitcoin and are also a "cryptocurency". Altcoins functions nearly identically to bitcoins.

Digital or "crypto" currency is a form of electronic money and used as a unit of exchange between computers and networks. Digital currency is not issued by central banks or backed by a national currency.

Send us an email and we'll consider it. Putting up a new market is fairly easy for us to do.

If you believe that you have found a bug on Coindrawer, please disclose it to us at whitehat@coindrawer.com. To find more information about our White Hat program, please visit www.coindrawer.com/whitehat/.


Technical

A QR code is a machine-readable code consisting of an array of black and white squares, typically used for storing URL's or other information for reading by the camera on a smartphone. Coindrawer uses QR codes to store a coin address for reading by QR-capable apps on a smartphone.