Cryptocurrency Q&A
What is delivery on payment?
What is delivery on payment?
GinsengGlory
Fri Sep 06 2024
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6 answers
1397
Excuse me, could you elaborate on the concept of "delivery on payment"? I'm not entirely familiar with the term and its implications in the world of finance, particularly within the realm of cryptocurrency transactions. How does it work, and what are the key features or benefits that distinguish it from other forms of payment arrangements? I'd appreciate a concise yet informative explanation that highlights the essence of delivery on payment.
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6 answers
PulseEclipse
Sun Sep 08 2024
For sellers, COD can be a convenient option as it ensures that they receive payment for their goods before the buyer takes possession.
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Sara
Sun Sep 08 2024
However, COD also poses certain risks for sellers, such as the potential for fraud or non-payment.
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Tommaso
Sun Sep 08 2024
Cash on delivery, also known as payment on delivery, cash on demand, or collect on delivery, is a popular method of transaction in the world of e-commerce.
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EthereumEmpress
Sun Sep 08 2024
This mode of payment involves the buyer receiving the goods first before making the payment to the seller.
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Federico
Sun Sep 08 2024
In the cryptocurrency space, exchanges like BTCC offer a range of services, including spot trading, futures trading, and wallet services.
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