What is a CoinBox?

What is a CoinBox?

CoinBox is a new product feature of Coinstore that allows you to send cryptocurrency CoinBoxes to your friends. You can create a cryptocurrency CoinBox and share it with your friends. When your friends enter the CoinBox passphrase through the Coinstore App to claim the gift, they will receive a random amount of cryptocurrency from CoinBox.

How to create a CoinBox?

1. Log in to the Coinstore App and click "CoinBox" in the homepage promotions.

2. On the CoinBox homepage, click "Create Passphrase CoinBox".

3. Choose the cryptocurrency type and the effective time of the CoinBox. Fill in the amount of cryptocurrency and the number of CoinBoxes you want to send.

4. Select your preferred CoinBox cover, fill in the CoinBox description, and click "Put money in CoinBox".

5. After confirming the details and completing the payment through security verification, the system will generate a unique random "CoinBox passphrase" for you. You can click "Copy Passphrase" or "Copy Link" to share the CoinBox passphrase with your friends. Your friends can claim the CoinBox through the Coinstore App. Since anyone who obtains the CoinBox passphrase can claim it, you should only send the CoinBox passphrase privately to the intended recipient. Each CoinBox starts counting down the effective time from the moment it is created. If the effective time ends and the CoinBox has not been fully claimed, the system will return the unclaimed CoinBox to the sender's cryptocurrency account.

How to claim a CoinBox?

1. Log in to the Coinstore App and click "CoinBox" in the homepage promotions.

2. Enter the CoinBox passphrase in the "Enter Passphrase" box and click "Claim".

3. After the CoinBox appears, click the "Coinstore Logo" to open the CoinBox.

4. You can view the amount of cryptocurrency you have claimed and it will be stored in your cryptocurrency account.

How to check CoinBox sending/receiving records?

1.Log in to the Coinstore App and click "CoinBox" in the homepage promotions.

2. On the CoinBox homepage, click "CoinBox Record".

3. Under the "Received" tab, you can view the CoinBoxes you have received.

4. Under the "Sent" tab, you can view the CoinBoxes you have sent.

5. The records of sending, receiving, and returning CoinBoxes will also be stored in your cryptocurrency transaction records.

Special Note:

To claim a CoinBox, you need to have completed at least a basic KYC authentication. Market maker accounts and accounts with restricted withdrawals are not currently eligible to create CoinBoxes.

The quota for sending CoinBoxes, withdrawing cryptocurrency, and transferring within the platform are shared, so you need to plan your usage beforehand if you want to use the CoinBox function. You can increase your CoinBox quota by completing basic/advanced KYC authentication and binding a Google Authenticator (GA).