FAQ

What is Litecoin?
Like Bitcoin, Litecoin exists as a blockchain where participating nodes process transactions, and miners provide security and verification for each of those...
Tue, 14 May, 2019 at 11:48 AM
What is Bitcoin, the technology?
Bitcoin was originally released in 2009 by Satoshi Nakamoto as a piece of software and a paper describing how it works. Because Bitcoin is fundamentally sof...
Tue, 14 May, 2019 at 3:22 PM
What is the bitcoin blockchain?
The blockchain is a distributed, public ledger that contains the history of every bitcoin transaction.  Anyone can download a copy of the blockchain, and it...
Wed, 12 Jun, 2019 at 11:09 AM
What is Bitcoin, the currency?
One can use bitcoins to purchase goods on the internet and in stores. The following are some unique properties of Bitcoin:  Bitcoin is global: Bitcoins ca...
Wed, 12 Jun, 2019 at 11:07 AM
What is a block?
A block refers to a set of bitcoin transactions from a certain time period. Blocks are “stacked” on top of each other in such a way that one block depends o...
Wed, 12 Jun, 2019 at 11:18 AM
How can I view the Blockchain?
There are many “block explorer” services which allow you to look at what’s in the block chain. One example is https://blockchain.info/.  You can look at rec...
Tue, 14 May, 2019 at 3:35 PM
How do I get access to my information?
In order to access your information, you’ll need to be logged in to your CoinZoom account via a web browser or the mobile app. This is to ensure the safety ...
Tue, 14 May, 2019 at 3:49 PM
Why did CoinZoom cancel my order?
In order to ensure the security of CoinZoom users’ accounts and transactions, CoinZoom may decline certain transactions (buys or deposits) if CoinZoom obser...
Wed, 15 May, 2019 at 9:50 AM
What is an available balance?
Your “Available Balance” is how much you can withdraw or send immediately. After depositing funds directly from your bank account (not including wire transf...
Wed, 15 May, 2019 at 9:55 AM
What does "Funds on Hold" mean?
“Funds on Hold” are funds you have recently deposited into your CoinZoom account but have not cleared. Until your pending funds clear from your bank, you ca...
Wed, 22 Jun, 2022 at 10:55 AM