Explain what "fiat" and "digital assets" mean
Fiat
Fiat is the financial term that describes any traditional government-backed currency such as U.S. dollars, Euros, Mexican pesos, etc. When you're "depositing fiat" or "funding with fiat" it simply means transferring money from your regular bank account to your Etana Custody account for use on an exchange.
Digital Assets
Digital assets is an all-encompassing term for today's digital currencies or coins. Think Bitcoin, Ethereum, and the hundreds of others available to buy and sell. When you are "holding digital assets" or want to "custody digital assets" it simply means you're storing your various types of coin or digital currencies in highly secure wallets that are a part of Etana's platform.
Recently viewed articles
- Withdraw Requests: How much time does it take for Etana to approve a withdrawal?
- Withdraw Requests: Are there any limitations for the frequency of depositing or withdrawing funds?
- General Banking: Adding a Bank Account
- General Banking: Are there any limitations an international user should be aware of for sending deposits?