Mastercard Crypto Credential establishes a set of common standards and infrastructures that help securely to ensure that reliable, correct and verifiable transactions are made on public Blockchain networks.
- What is Mastercard Crypto Credential?
- Where can I use Crypto Credentials?
- Which tokens are supported by Crypto Credentials?
- Why use Mastercard Crypto Credential?
- How does a Mastercard Crypto Credential affect blockchain addresses?
- Who can request a Mastercard Crypto Credential?
- Does Mastercard Crypto Credential charge any fees for registering?
- Does Mastercard participate in cryptocurrency transactions?
- What is Mastercard's role?
What is Mastercard Crypto Credential?
Crypto credential is a simple and easy-to-remember alias that helps consumers share their wallet addresses with each other.
Where can I use Crypto Credentials?
The Crypto Credentials service can be used to deposit as well as to send funds between the exchanges Bit2Me, Lirium and Mercado Bitcoin.
Which tokens are supported by Crypto Credentials?
The tokens available to send and receive funds are Bitcoin, Ethereum, Litecoin, Bitcoin Cash and BNB.
Why use Mastercard Crypto Credential?
A simple alias, unlike a wallet address, helps to improve the consumer experience and reduce the possibility of errors when sending, receiving cryptocurrencies from external wallets or storing cryptocurrencies on a public blockchain network.
How does a Mastercard Crypto Credential affect blockchain addresses?
The alias and a blockchain address have the same function. The alias is simply a simplified version of the blockchain address. A Crypto Credential alias does not delete or modify any existing Blockchain address.
Who can request a Mastercard Crypto Credential?
Any consumer who sends, receives or stores cryptocurrencies on a public blockchain network can register to obtain a Mastercard Crypto Credential.
Does Mastercard Crypto Credential charge any fees for registering?
No, there is no fee associated with registering for Mastercard Crypto Credential.
Does Mastercard participate in cryptocurrency transactions?
Mastercard does not participate in the sending, receiving or protecting of cryptocurrencies. All digital asset transactions are managed by the exchanges.
What is Mastercard's role?
Mastercard establishes a set of standards and infrastructures that allow for secure, reliable and compliant transactions before the cryptocurrency is exchanged between participants. In addition, a Mastercard Crypto Credential username offers consumers the convenience and security they need to transact with confidence on the blockchain.
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