{"id":31136,"date":"2024-01-16T17:00:55","date_gmt":"2024-01-16T17:00:55","guid":{"rendered":"https:\/\/yourcryptolibrary.com\/?post_type=exchange&#038;p=31136"},"modified":"2024-03-25T17:45:10","modified_gmt":"2024-03-25T17:45:10","slug":"blox-wallet","status":"publish","type":"exchange","link":"https:\/\/yourcryptolibrary.com\/nl\/exchange\/blox\/blox-wallet\/","title":{"rendered":"BLOX Wallet"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"31136\" class=\"elementor elementor-31136\" data-elementor-post-type=\"exchange\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-52149572 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"52149572\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cde581e\" data-id=\"cde581e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b3595c5 elementor-widget elementor-widget-text-editor\" data-id=\"2b3595c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>Investing in cryptocurrency requires not only a knowledge of the market but also trust in the platform on which you trade. This article explains how BLOX ensures the security of your coins and how the value of your Vault is determined.<\/em><\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be8b826 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"be8b826\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/8xws.adj.st\/?utm_campaign=mainlink&#038;utm_medium=affiliate&#038;utm_source=A_CRYPTOLIBARY&#038;adj_t=1a8mjc12_1asfwx6w&#038;adj_adgroup=CryptoLibary&#038;adj_fallback=https%3A%2F%2Fapp.weareblox.com%2F%3Futm_campaign%3Dmainlink%26utm_medium%3Daffiliate%26utm_source%3DA_CRYPTOLIBARY&#038;adj_redirect_macos=https%3A%2F%2Fapp.weareblox.com%2F%3Futm_campaign%3Dmainlink%26utm_medium%3Daffiliate%26utm_source%3DA_CRYPTOLIBARY\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Create BLOX Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb8e238 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"eb8e238\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;,&quot;h4&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;no_headings_message&quot;:&quot;Er zijn geen kopteksten gevonden op deze pagina.&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__eb8e238\" aria-expanded=\"true\" aria-label=\"Inhoudsopgave openen\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__eb8e238\" aria-expanded=\"true\" aria-label=\"Inhoudsopgave sluiten\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__eb8e238\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-54ae199 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54ae199\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a351dd3\" data-id=\"a351dd3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b6e7f4d elementor-widget elementor-widget-text-editor\" data-id=\"b6e7f4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>How Does BLOX Store My Coins and Is BLOX Safe?<\/h2><h4>The Security Measures of BLOX<\/h4><p>Your coins are securely stored at BLOX. The majority of the crypto managed by BLOX is in cold storage. This means that access to the coins is generated and stored offline, making them movable only with the permission of multiple individuals from different locations. This multisignature process ensures a high degree of security.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2d5d691\" data-id=\"2d5d691\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34a91d6 elementor-widget elementor-widget-text-editor\" data-id=\"34a91d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>How Is the Total Value of My Vault Constructed?<\/h3><h4>Composition of the Value in Your Vault<\/h4><p>The total value of your Vault at BLOX consists of two components:<\/p><ol><li><strong>Your Balance<\/strong>Your balance is the sum of your euro credit within BLOX. This includes the money you have deposited and not yet used to buy coins, as well as the value in euros of the coins you have sold and not yet cashed out to your bank account.<\/li><li><strong>Current Value of Your Coins in Euros<\/strong>The current value of your coins in euros is displayed in your Vault. This value is what you would expect to get back if you decide to sell. The price you see is based on the order book of a large international exchange, where buyers and sellers place their bids. The final selling price may vary slightly because of these bids and market depth.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e7b611 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"7e7b611\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/8xws.adj.st\/?utm_campaign=mainlink&#038;utm_medium=affiliate&#038;utm_source=A_CRYPTOLIBARY&#038;adj_t=1a8mjc12_1asfwx6w&#038;adj_adgroup=CryptoLibary&#038;adj_fallback=https%3A%2F%2Fapp.weareblox.com%2F%3Futm_campaign%3Dmainlink%26utm_medium%3Daffiliate%26utm_source%3DA_CRYPTOLIBARY&#038;adj_redirect_macos=https%3A%2F%2Fapp.weareblox.com%2F%3Futm_campaign%3Dmainlink%26utm_medium%3Daffiliate%26utm_source%3DA_CRYPTOLIBARY\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Create BLOX Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41667a0 elementor-widget elementor-widget-text-editor\" data-id=\"41667a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Why Is the Value of a Coin at &#8216;Rates&#8217; Higher Than the Value in My Vault?<\/h2><h4>The Difference Between Purchase and Sale Value<\/h4><p>There is a difference between the value of coins at &#8216;Rates&#8217; and &#8216;Vault&#8217; on BLOX, which can be attributed to supply and demand:<\/p><h4>The Difference Between Buyers and Sellers<\/h4><p>The value in your Vault is based on the highest price buyers are willing to pay, while the value at &#8216;Rates&#8217; is the lowest price at which sellers are willing to sell. The spread between these prices explains the difference.<\/p><h4>Number of Coins in the Order Book<\/h4><p>The market depth, or the number of coins being asked or offered at a certain price, also has an effect. In a shallow (illiquid) market, the selling price can vary if a large quantity of coins is sold.<\/p><h4>Effect of the Spread on Large Transactions<\/h4><p>For small transactions, the spread is often negligible. However, for large transactions, the effect can be significant, so it is important to take into account the workings of the order book.<\/p><h4>Price per Coin<\/h4><p>It is important to know that both the values at &#8216;Rates&#8217; and in the Vault refer to the price per individual coin.<\/p><p>With the information in this article, you can use the services of BLOX with peace of mind, knowing that your coins are safe and that you have a clear insight into how the value of your Vault is determined.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63e00b6 elementor-widget elementor-widget-image\" data-id=\"63e00b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2024\/01\/BTC-Exchange.jpg\" class=\"attachment-large size-large wp-image-30996\" alt=\"BTC Exchange\" srcset=\"https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2024\/01\/BTC-Exchange.jpg 1024w, https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2024\/01\/BTC-Exchange-300x300.jpg 300w, https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2024\/01\/BTC-Exchange-150x150.jpg 150w, https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2024\/01\/BTC-Exchange-768x768.jpg 768w, https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2024\/01\/BTC-Exchange-12x12.jpg 12w\" sizes=\"(max-width: 800px) 100vw, 800px\" 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