FAQs
This FAQ will be updated gradually as we receive new questions.
1.Whats the benefits of becoming a WAVE token holder?
•Substantial discounts on platform service fees •Priority access to fresh investment and savings opportunities •Seamless integration across multiple EVM chains •Exclusive token holder-only financial options •Voting rights on key community matters •An innovative buy-back mechanism •Advanced built-in token security features
More benefits coming in the future
2. What is the wave token contract address?
The contract will be available and announced when the token is deployed in January.
3. Are there any restrictions in place for Wealth management?
Indeed, there are restrictions in place for Wealth Management. These restrictions are determined by the criteria set by the companies offering investment opportunities. They may include factors like investor status, net worth, and regional considerations. These criteria ensure that investment opportunities are aligned with the specific circumstances and requirements of the investors involved.
4. What is Ocean Money's hedge fund?
Ocean Money has taken a strategic approach to its financial services by assembling an in-house trading team. This team plays a crucial role in providing a diverse range of investment opportunities through Ocean Money's asset management platform. Additionally, we have established a fully regulated hedge fund designed specifically to cater to the unique needs and requirements of institutional clients. This hedge fund represents a core component of our commitment to delivering comprehensive financial solutions that meet the demands of both individual and institutional investors.
5. What sorts of investment opportunities can you expect with Ocean Money?
Ocean Money is committed to offering a wide variety of investment possibilities. These encompass fractionalized real estate, allowing you to invest in property with a reduced capital outlay. Additionally, you'll have access to professionally managed cryptocurrency investments, providing you with the expertise to navigate the crypto market effectively. For those interested in early-stage opportunities, we offer access to pre-IPOs and ICOs, allowing you to get in on the ground floor of promising ventures. And that's not all - we're also bringing a broad spectrum of mainstream investments into the mix, including stocks and other traditional financial assets. Our aim is to provide a comprehensive range of investment options to suit your financial goals and interests.
6. What regions are currently supported?
Ocean Money is currently available in the UK and in countries within the European Economic Area (EEA) as our initial launch. However, we are actively working on expanding our regulatory approvals to make Ocean Money accessible to users in various regions across the globe.
7. Can I off-ramp crypto directly into my Ocean Money account?
Certainly! Ocean Money offers you the convenience of converting your cryptocurrencies into traditional fiat currency and effortlessly depositing those funds into your Ocean Money account. This seamless process ensures that you can easily transition between the digital and fiat worlds, providing you with flexibility and accessibility in managing your finances within the Ocean Money platform.
8. What currencies are supported by Ocean Money?
Initially, Ocean Money provides support for the most widely used currencies, including EUR, GBP, and USD. However, as we continue to advance through our development roadmap, we are actively working on expanding the range of supported currencies to offer even greater flexibility and accessibility to our users.
9. Can i earn interest from my crypto holdings?
Absolutely! Ocean Money provides you with the opportunity to access a diverse array of staking and yield farming services, allowing you to earn passive income while holding your cryptocurrencies.
10. How does the Ocean Money debit card function?
The Ocean Money debit card is available in both virtual and physical formats, providing compatibility with both fiat and cryptocurrency. This adaptable feature allows you to load your card with both crypto and fiat, delivering a versatile and effortless solution for spending either form of currency. Whether you're making purchases online or in person, you can use your crypto without triggering a taxable event. Instead of instantly selling your cryptocurrencies upon completing a card transaction, you are essentially borrowing against your crypto assets.
11. Can I off-ramp through Ocean Money?
Absolutely, Ocean Money has established a network of partners to facilitate both off-ramping and on-ramping services worldwide. This network supports multiple major currencies, including EUR, GBP, and USD, ensuring a seamless experience for users looking to convert their crypto assets into traditional fiat currencies or vice versa.
12. How are funds stored on Ocean Money
All cryptocurrencies within Ocean Money are securely stored in one-for-one Multi-Party Computation (MPC) wallets. With this approach, your balance is entirely transparent and verifiable on the blockchain, providing you with the assurance and peace of mind that your funds are held securely.
Last updated