FAQ Page

The only skill required by our clients are just basic reading skills and basic knowledge of smart devices like a mobile phone.

It clearly stated in our plans are that each investment plan spans maximum of 30 days. There after, your profits are transferred to your digital wallet.

We have 24/7 live chart support, You can also visit us for chat at hour head office at Stockholm Sweden. View more means to contact us here

Payments from the back office are free of charge. However, fees for transfers abroad are to be borne by the customer.

There’s an auto reinvest button which appears at the end of your contract. You simply click on it to restart your investment.

Yes it’s really important that every investor in Oceancapitals gets verified through a means of identification so as to get acquainted with you.

People saw the success of Bitcoin and tried to improve existing functionality and provide new functionality with new cryptocurrencies. Additionally, investors and developers were certainly trying to make money

Yes. It is estimated that close to 2,000 cryptocurrencies have failed. This is for a variety of reasons: lack of funding at start and after launch, failure to evolve, and a few were outright frauds. Many of the failures happened during the initial coin offering boom of 2017–2018.

Since cryptocurrency operates on a decentralized network that lacks a central authority, it is possible to exchange cryptocurrency without registering an identity. Yes, since the start there have been criminal activities with cryptocurrencies. However, the blockchain publicly records every transaction, and while names are not assigned to addresses, you can trace activity back to a crypto exchange, which knows the end user. The estimates vary for how many transactions are for illegal activities and proponents of cryptocurrency point to illegal activity with traditional currencies. (Source: NY Times article Jan 2020)

Yes. In 2013, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FINCEN) stated that it is legal to invest in Bitcoin and use it as a form of payment as long as the seller is willing to accept it. The Securities and Exchange Commission has designated cryptocurrency as digital currency, the Commodity Future Trading Commission as commodities, and the IRS as property. You can purchase in any state, but certain states have imposed regulations. As an example, New York has a policy where any business must apply for a BitLicense if it is dealing with cryptocurrency. As adoption increases, look for regulatory and legal updates at the federal and state level.

There are a couple of methods, but the simplest and least expensive is via an online cryptocurrency exchange. You establish an account and from there, you transfer in cash and purchase the cryptocurrency of your choice. The exchange will allow you to buy, sell, and hold cryptocurrency. The user experience, fees, and identification requirements all vary based on the exchange, so it is important to conduct research before you do anything. Some of the most popular are Coinbase, Gemini, and Kraken. Additionally, traditional online brokers are starting to offer services such as eToro and Robinhood. Further, fintech and technology companies are starting to offer these services (Square and PayPal as two examples).

Again, when a user decides to use a specific type of software for their Bitcoin wallet, they are deciding what direction the Bitcoin network is heading towards. In other words, you need the cooperation of nearly every single user in order to modify any aspect of the Bitcoin protocol.

Participants in Bitcoin transactions are identified by public addresses – those are the long strings of around 30 characters you see in a person’s Bitcoin address, usually starting with the numerals ‘1’ or ‘3’. For every transaction, the sending and receiving addresses are publicly-viewable..

You would receive automated emails daily to keep you update on how much profit you have accumulated. Once your investment is mature, you then request for withdrawal and thereafter, the funds will be transferred to your digital wallet

Payments are made every Monday. Up to and including Sunday, it is possible to request the withdrawal so that the booking will be made next Monday.

Yes, but transfer fees abroad are to be borne by the customer himself.

Tx Hash means Transaction Hash and is also known as Transaction ID (TxID). It consists of alphanumeric characters and is basically an identification number given for a Bitcoin transaction. Each and every single transaction that is conducted on the Bitcoin blockchain has this unique identifier. Similarly, transactions on Ethereum blockchain will have a unique Tx hash and every transaction on Litecoin blockchain will also have a TxID.A transaction hash of Ethereum, for example, looks like this: Oxb4bc263278d3f77a652a8d73a6bfd8ecOba1a63 923bbb4f38147fb8a943da26d

The most popular and widely heard of cryptocurrency is Bitcoin. As of early January 2021, the total cryptocurrency market is over $1 trillion, and Bitcoin is around $700 billion. Believe it or not, there are over 7,800 cryptocurrencies in existence and growing. The top five, with over 80 percent of the market value, are Bitcoin, Ethereum, XRP, Tether, and Litecoin. (footnote 2)

Simply put, crypto wallets are places to store digital assets more securely than just on an exchange. You hold your wallet via an exchange account, custody wallet, or outside of the exchange. You can establish an online or “hot” wallet that is internet connected—to your desktop, table or mobile phone. There is also the option to store on a device that is not connected to the internet (“cold” wallet). Cold wallets are the most secure way to store your cryptocurrency, but they are meant for longer-term holdings as they are not connected to the internet. With cold storage, you must remember your private keys (identifier number for your cryptocurrency).

Believe it or not, there are Bitcoin ATMs. You insert cash and bitcoins are transferred to your secure, digital wallet. There are also peer-to-peer (PTP) exchanges. Users post what they are hoping to buy or sell and then choose their trading partner(s).

These products are just starting to come to the marketplace. The design of these products is to gain exposure to cryptocurrencies like Bitcoin and Ethereum without having to directly purchase. Beyond the fees for doing this, these products currently trade at a very high premium to the underlying cryptocurrency prices. The premium could continue to persist in the future, but investors need to consider the price they are pricing for the exposure.

Depending on who you ask, you would most likely get a different answer. Some investors believe it will be a store of value over time and a hedge against traditional fiat money. Some people just want to speculate and make a quick buck (coin). Some do want to be part of the ecosystem and use it as an alternative to traditional currency—not as an investment per se but a means of transacting.