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Credit Card Cashing

The practice of depositing funds via credit card with the intention of withdrawing them through another method (such as bank transfer or cryptocurrency) to convert credit into cash. This violates card scheme agreements and is not permitted on Zentrader.

Related Terms

Slippage The difference between the expected price of a trade and the price at which it… Resistance A price level where selling pressure tends to prevent the price from rising further. A… Underlying Asset The financial instrument (e.g. currency pair, commodity, stock) on which a binary option is based. DAI A decentralised stablecoin cryptocurrency pegged to the US dollar. Accepted as a deposit and withdrawal… Gap A price discontinuity on a chart where the asset opens significantly higher or lower than… Trading Platform The software used to execute trades. Zentrader offers a web-based platform that is fully compatible…

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