Does Coin Rivet support smart contracts?
Some digital currency networks such as Ethereum (ETH) and Ethereum Classic (ETC) use smart contracts.
These are simple programmes stored on a blockchain that run when predetermined conditions are met. They are generally used to automate the execution of an agreement so that all parties can be immediately certain of the outcome, without the need for any intermediary involvement.
We recommend that you DO NOT SEND FUNDS to smart contracts from your Coin Rivet account since these contracts often have special criteria plus may require additional transaction costs or have additional data sent along with the transaction which are NOT possible to guarantee when sending transactions from Coin Rivet.
Instead, we recommend using wallet software that gives you complete control when sending transactions to smart contracts.
You can, however, receive Ethereum (ETH) from your smart contract to your Coin Rivet Ethereum (ETH) account.
Does Coin Rivet have its own fiat wallet?
No Coin Rivet does not have its own fiat wallet.
In order to buy and sell cryptocurrencies and depending on your geographical location, you will be able to connect your Coin Rivet account to one of our trusted fiat payment provider/s.
What fees are charged by Coin Rivet?
Pricing and Fee Schedule
Buy & sell supported cryptocurrencies
No fee is incurred, however, there can be up to a 2% spread.
Converting supported cryptocurrencies
No fee is incurred, however, there can be up to a 2% spread.
Send crytocurrenceis from your Coin Rivet Account to an external crypto wallet
No fees incurred 0ther than blockchain fee
Send crytocurrenceis from your Coin Rivet Account to another Coin Rivet Account
No fees incurred and no blockchain fee
Receive cryptocurrencies to your Coin Rivet Account
No fees incurred
What is a blockchain fee?
A blockchain fee is required to process your transaction on the cryptocurrency network. The fee is paid to miners of the network who will in turn confirm your transaction.
