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Why does blockchain issue coins (why does blockchain go to the exchange)

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Why does blockchain coin

Why does blockchain coin? According to CCN, blockchain technology has developed rapidly in the past decade. Although there are currently many applications, there is no technology that can truly solve practical problems for people to achieve the development of blockchain. However, with the maturity of blockchain technology and the continuous emergence of new application models and business forms in the industry, we have to consider why we need to issue coins, because this is one of the main reasons So for these projects, the most important thing is to issue coins. What is blockchain? What is blockchain? What are its characteristics? Why do we need to do on chain trading? In order to involve more people, this process is very simple. The reason why blockchain needs to issue its own digital currency (token) is so that they can control their own data or funds. By managing nodes on the network in this way, it ensures that everyone has their own data, assets, and other information, while also ensuring user privacy. Without such a mechanism, it is impossible to establish a decentralized network. Based on this method, no individual or organization can change the rules and records of the Internet

Why should blockchain be listed on the exchange

Why must blockchain be listed on the exchange? Because so many coins are already in circulation now

Then we need a trading platform to do this:

1. Use Bitcoin, Ethereum and other digital currencies to buy a commodity 2. Store these assets in your own wallet

3. Sell your own Cryptocurrency to the exchange (exchange) If you want to obtain liquidity from an exchange, you can purchase tokens from the exchange So, all you need to do is use a centralized exchange to become an investor, and you don’t need to trust banks or other third-party institutions Of course, all of this is based on judging market prices, rather than simply looking at problems from a market value perspective Firstly, if you are an individual user, your assets belong to you and you are able to control their volatility risks and losses. Secondly, you only have some private keys or private keys, which cannot be verified through Cryptography, nor do you have any form of credential capability and reputation protection. Finally, for ordinary people, ‘don’t believe me’, there’s actually no need to hold Bitcoin, but remember that it’s a very real thing, it’s completely public and visible For example, the current price of Bitcoin is around $3000, and at the current exchange rate, it is approximately $10 per coin. However, based on the current market trend, if BTC increases by 100 times or even higher, it will definitely be much cheaper than before In addition, the launch time of ETH2.0 is not long, so you will find that when DeFi enters the mainstream, its lockdown value may only be a few hundred RMB. So, there will be a large influx of funds in the future, which is very interesting, but if it really reaches the top of the bull market, someone may run away.

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