Damex App

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Glossary

What is a Virtual Currency Exchange?

A Virtual Currency Exchange is a service that allows users to trade one digital currency for another or for fiat currency.

What features do Virtual Currency Exchanges typically offer?

Exchanges typically charge fees for transactions and provide various trading tools.

How can you think of a Virtual Currency Exchange in simple terms?

A Virtual Currency Exchange is like a marketplace where you can swap digital currencies like Bitcoin for Ethereum or regular money like dollars. It lets you trade different types of currency conveniently.

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The degree of variation in the price of a financial instrument over time.

Visa Card

A co-branded card issued by Damex and Visa, allowing users to make payments both online and offline.

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