Shipfinex Support
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Activity overview
Latest activity by Shipfinex Support-
Shipfinex Support created an article,
Is there a fee for converting USDC to USD?
Typically, exchanges or platforms facilitating the conversion from USDC to USD might charge nominal transaction or withdrawal fees. It's advisable to check fees directly with your selected exchange...
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Shipfinex Support created an article,
Are there risks associated with using USDC?
Like all financial instruments, using USDC does carry some minimal risks, such as technological disruptions, regulatory changes, or issuer solvency risks. However, USDC is regulated, regularly audi...
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Shipfinex Support created an article,
How do I convert my USDC back into USD?
You can easily convert USDC back into USD via various regulated exchanges or payment platforms that support USDC. Simply transter your USDC from Shipfinex to an exchange wallet that supports fiat c...
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Shipfinex Support created an article,
Why can't I use USD directly on Shipfinex?
Shipfinex operates on blockchain technology, allowing transactions to be processed instantly and transparently. Traditional USD banking transactions often take longer processing times, incur higher...
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Shipfinex Support created an article,
Why does Shipfinex use USDC?
Shipfinex utilises USDC because it combines the advantages of blockchain (transparency, security, rapid and low-cost transactions) with the stability and reliability of the US dollar. By using USDC...
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Shipfinex Support created an article,
What is USDC?
USDC (USD Coin) is a type of cryptocurrency known as a stablecoin.Stablecoins are designed to have their value pegged to another stable asset, in this case, the US dollar, at a 1:1 ratio. USDC is a...
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Shipfinex Support created an article,
Can dividends be reinvested?
Yes, Shipfinex allows investors to reinvest dividends directly into new or existing projects.Investors can choose automatic reinvestment or manual reinvestment through their portfolio dashboard.|
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Shipfinex Support created an article,
How often are dividends distributed?
Typically, dividends on Shipfinex are distributed quarterly. Specific details and schedules may vary depending on individual project agreements, which are transparently listed on the project detail...
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Shipfinex Support created an article,
Can I trade Marine Asset Tokens freely?
Yes, after the initial offering, investors can freely buy or sell MATs in Shipfinex's secondary marketplace, subject to certain regulatory limitations depending on their jurisdiction.
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Shipfinex Support created an article,
What are dividends, and how are they distributed to investors?
Dividends are periodic distributions of profits earned from the operation of maritime assets.On Shipfinex, dividends are:Generated from the operational earnings of tokenised ships.Distributed propo...