Content Comparison

Operator

You. More specifically: your Organization (of which you are part).

Partner Account

Your information and account credentials that you have registered with us.

• Every Operator must have an account with GB to use CAS.

• Instructions to request an account: Request a GB Partner account

BATM

Bitcoin Automated Teller Machine

Terminal

A device that connects to a server. In our context: a virtual BATM.

• A BATM is technically a Terminal, and the terms are used interchangeably.

• A Terminal is always virtual. A BATM is always physical/material.

CAS

Crypto Application Server

• See: CAS: Crypto Application Server

Coin

Shorthand for the cumbersome words “Crypto-currency”.

Hot Wallet

A “hot wallet” is a live wallet loaded with Coin, ready to send to your customers. A “cold” wallet is offline, in storage; the keys are never exposed.

Fiat

Bills. Banknotes. Cold, hard cash that you hold in your hand, e.g. Dollars, Euros.

Exchange

An Exchange is a vendor that offers Coin for fiat. Examples are Kraken, Coinbase, and Bitstamp. Many Exchanges will only service specific geographic areas. We offer access to the most popular Exchanges, and not all Exchanges will grant you an account.

BUY

A customer transaction: the customer inserts fiat into your BATM, and you send them coin.

SELL

A customer transaction: the customer sends coin to you, and you dispense fiat from the BATM to that customer.