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Receive

Created by Freddy K, Modified on Mon, 16 Sep at 5:26 PM by Freddy K

Some Crypto Exchanges use Receive instead of Deposit. The meaning is the same but the language might differ but both describe the action of transferring money from another account in order to receive money where you want it. 

 

A Crypto Exchange might be allow receiving money from other users. Therefore, "Receive" with a wider meaning, suggests funds transfer from other people. At Bombastic we require you to be the owner of the funds and payment instruments carrying these funds. 

 

 

Usually, Receiving facility of one crypto business is the Sending facility of another:

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