Cryptocurrency Q&A What is vanilla deposit?

What is vanilla deposit?

Bianca Bianca Sat Nov 09 2024 | 6 answers 1335
I've heard the term 'vanilla deposit' and I'm not sure what it means. Is it related to finance or baking, or something else entirely? I need clarification on this term. What is vanilla deposit?

6 answers

BonsaiVitality BonsaiVitality Mon Nov 11 2024
A financial instrument exists that grants its owners specific rights.

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Martino Martino Mon Nov 11 2024
This instrument allows holders to engage in transactions involving an underlying asset.

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CryptoVisionary CryptoVisionary Mon Nov 11 2024
The transaction can be either a purchase or a sale.

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Claudio Claudio Mon Nov 11 2024
The key feature of this instrument is the predetermined rate.

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ZenBalanced ZenBalanced Sun Nov 10 2024
This rate is agreed upon before the transaction takes place.

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