Everyone should always be aware of fake assets on the AE. The only asset which currently can be trusted is the BTC/HEAT pair backed by the company Heat Ledger Ltd. All the others are probably fake assets. Fake assets is a real problem also for the NXT blockchain, see for example:
https://nxtportal.org/assetsIf you scroll through the list of assets, you will see that there are currently more than 800. Only a handful of these are serious assets, the rest are either dead or scam tools.
Nxt is not the problem, you can clearly see there, that it are assets and NOT real coins.
In HEAT you can or could not see, that the coins are false coins. HEATLEDGER always said, they want to trade real coin:
DIRECT CRYPTO TRADING
Because the HEAT client hosts client side real crypto, integrated to the HEAT blockchain asset exchange through built-in invisible gateway, users can trade cryptocurrencies right from their wallet on p2p orderbooks without going through an exchange. This means that once your trade for ie. BTC/ETH goes through, you can use the BTC or ETH as you do normally. Bye bye withdrawal delays! Welcome multicurrency client and native direct exchange!
They said they trade real crypto, what is a lie! It is all false money (Komodo, Golem) on their platform. There is nothing to trade!
So HEAT is the worst SCAM I have ever seen.
I will warn others!
Always sucks to take a loss in crypto. Can think of it as an expensive lesson learned. Looks like this account: 14601113921039187075 may have issued fake scam assets. I thought the fake-GNT asset prices looked too good to be true.
I'm sure you will bounce back from the loss like Big Sean:
https://www.youtube.com/watch?v=phr1pOFK1V8The very next line of the OP that you quoted is referencing the custom assets feature:
DIRECT CRYPTO TRADING
Because the HEAT client hosts client side real crypto, integrated to the HEAT blockchain asset exchange through built-in invisible gateway, users can trade cryptocurrencies right from their wallet on p2p orderbooks without going through an exchange. This means that once your trade for ie. BTC/ETH goes through, you can use the BTC or ETH as you do normally. Bye bye withdrawal delays! Welcome multicurrency client and native direct exchange!
LICENSED MULTISIG FIAT WALLET
The unique HEAT crypto client provides access to major cryptocurrencies including BTC, ETH, FIMK and NXT. It also allows creation, transfer and trade of any custom assets created by operators of any size. Having multi-sig for currencies whose tech is capable of such - the client thus supports fiat money accounts secured with multi-sig private keys. HEAT Ledger Ltd has joint venture agreements in place with EU wide money transmitter license pending, making the prospect of transferring real fiat money in a cryptographic ledger a reality. One of the first, if not THE first - but certainly the first multi-sig fiat!