What is a funding account?

The funding account is used to store, receive, and send assets. You can deposit funds to your funding account, but they must transferred to your trading account to be used for buying or selling cryptocurrencies. All withdrawals will have to go through this account. Transfers between your trading and funding accounts are free and instant.

What is fund accounting & how does it work?

The efficient working of fund accounting focuses on helping trustees to remain accountable while using the institution's finances, adhering to the NPO's guidelines. While a profit business has capital expenditures, revenues and debts, a non-profit organisation collects funds through donations, gifts and grants.

What is funding & how does it work?

Funding, also called financing, represents an act of contributing resources to finance a program, project, or need. Funding can be initiated for either short-term or long-term purposes. The different sources of funding include: The main sources of funding are retained earnings, debt capital, and equity capital.

How do I withdraw funds from my funding account?

When you're ready to withdraw, just transfer the funds to your funding account. The funding account is used to store, receive, and send assets. You can deposit funds to your funding account, but they must transferred to your trading account to be used for buying or selling cryptocurrencies.