Questions tagged [receives]

GwanghwamunGuardianAngelWingsBlessing Thu Oct 17 2024 | 5 answers 1243

I would like to know who gets the fees when Bitcoin transactions are made. Are they going to miners, or some central authority, or maybe distributed among all Bitcoin holders? I'm curious about the distribution of these fees.

CoinMasterMind Sat Oct 12 2024 | 5 answers 1254

I'm wondering about the 12b1 fees in the financial industry. Specifically, I want to know who receives these fees. Are they paid to the fund manager, the broker, or someone else entirely? Could someone clarify this for me?

GinsengGlory Fri Sep 06 2024 | 7 answers 1700

Could you please clarify who actually receives the merchant fee in a cryptocurrency transaction? Is it the payment processor, the cryptocurrency network itself, or some other entity entirely? It's important to understand the Flow of funds and how these fees are distributed to ensure we're making informed decisions when accepting payments in cryptocurrency.

BitcoinBaroness Mon Jul 15 2024 | 5 answers 1031

In the realm of cryptocurrencies, there is often much confusion surrounding the distribution and ownership of various digital tokens. One such token that has piqued the interest of many is phuncoin. So, let's delve into the question: Who receives phuncoin? First and foremost, it's crucial to understand that phuncoin is not a mainstream cryptocurrency like Bitcoin or Ethereum. It's often used as a placeholder or example token in educational material, discussions, or as part of simulated financial environments. In these cases, phuncoin is typically distributed to participants based on the specific rules or guidelines set by the organizer or educator. For instance, in a simulated trading competition, participants may receive an initial allocation of phuncoin, which they can then trade, invest, or manage according to the competition's rules. The recipient of these initial allocations would be the registered participants in the competition. However, in non-educational or non-simulated scenarios, phuncoin doesn't actually have a defined receiver as it's not a real, tradeable asset. So, to summarize, the answer to "Who receives phuncoin?" depends entirely on the context in which it's being used. In educational or simulated environments, it's typically distributed to participants based on specific rules or guidelines.