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Seller (Vendor)
A seller or vendor is someone who sells cryptocurrency. It's their duty to release crypto from escrow once payments are verified. If the seller or vendor doesn’t release the cryptocurrency, they will remain in escrow.
Nigerian Naira Token (NGNT)
NGNT is a stablecoin pegged to the Naira. NGNT can be used as a payment method when buying or selling cryptocurrency on Noones. For more information on how to buy and sell crypto in the Noones marketplace, check out these articles: Buying ...
Coin locking
Coin locking/coinlock is when a buyer uses the escrow to hold onto the seller's cryptocurrency without the intention to send payment and complete the trade. This is a common case of cryptocurrency fraud.
Wallet address
A cryptocurrency wallet address is a combination of letters and numbers specific to a particular cryptocurrency, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), or USD Coin (USDC). This address serves as your unique identifier for receiving and ...
Exchange
An exchange is a digital marketplace where traders can buy and sell cryptocurrencies using different fiat currencies or altcoins. Cryptocurrency exchange platforms match buyers with sellers. Like a traditional stock exchange, traders can opt to buy ...