Home / Crypto News / SBI Virtual Currencies announces hard wallet sending service for users and starts depositing cryptocurrency!

SBI Virtual Currencies announces hard wallet sending service for users and starts depositing cryptocurrency!

Beginning December 21, SBI cryptocurrency (SBI VC) began offering cryptocurrency receipt (goods receipt) service, and the hardware wallet service for users was announced.

SBI VC has dealt with four pairs of Japanese yen, BTC (Bitcoin), ETH (ether), XRP (ripple), BCH (Bitcoin cache), as trading currency pairs until now, We could not accept / send from Wallet etc.

According to the press release announced by SBI Virtual Currencies Corporation, the currencies corresponding to receipt at SBI VC are the following three types .

  • BTC (Bitcoin)
  • ETH (Ethicalam)
  • XRP (ripple)

Regarding the reception service of BCH (Bitcoin cache), we plan to start offering as soon as normal network operation is confirmed due to the influence of recent hard fork. On the other hand, although it is a sending service of the above four currencies, it is currently under preparation from the point of view of AML etc. It is said that it will start offering as soon as preparation is completed from late January 2019.

In this time SBI will be limited to the hardware wallet specified on the exchanges side where you can send four kinds of virtual currencies from SBI, and SBI will send you “Hard wallet for withdrawal” from users It is.

In addition, the explanation on cryptocurrency trading open to the public at SBI is summarized as follows.

  • Withdraw money only to the address of Wallet dealt by SBI
  • After withdrawing to the designated wallet, the exchange does not involve and can freely pay in / out
  • Requires a fee to generate secret key
  • If you lose your private key you can reissue the seed for a fee

This time, the report on SBI’s hardware wallet, which is announced, is considered reasonable from the viewpoint of KYC / AML, but in some of Twitter there is also a question of doubt that the secret key is managed by the SBI side You can see it.

SBI Holdings invests in CoolBitX Inc. which develops cold wallet business

Article source: An explanation on notice on receiving / sending service of cryptocurrency, transaction on cryptocurrency etc.

Author: Shota 【Coin Desk News】 – Source Post: https://crypto-times.jp/sbi_vcs_crypto_deposit/

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