When does bcc trade (what does bc exchange mean)?
When does bcc trade? In the past year, the trading volume of Bitcoin has continu
When does bcc trade? In the past year, the trading volume of Bitcoin has continued to rise. According to Coindesk, as the price of Bitcoin has been steadily increasing this year, its daily transaction volume has also seen a sharp decline. However, recent data shows that since July, the average daily turnover rate of this digital asset has reached around 70%. And according to data on when bcc trades, as of the time of writing (June 27, 2019), the global average computing power has fallen to the lowest level of 2020, reaching a two-month low. Therefore, there are still some skeptics in the market who believe that the price of Bitcoin will further decline, as it may touch upon a very unstable technical indicator – whether the Bitcoin Cash network can successfully verify the correctness of the consensus algorithm. (Forbes)
What does bc exchange mean?
BC exchange stands for Bitcoin Exchange Network. The bc exchange is a decentralized trading platform launched by Binance, consisting of two main components: custodians and the establishment of a common fund (invested in different projects) between users and investors.
The meaning of bc exchange is settlement of peer-to-peer payments on the blockchain, by depositing funds into it to receive corresponding rewards or profits. This method can effectively reduce counterparty risks, thereby improving system efficiency and making assets more secure and reliable. (Bitcoin Exchange Network)
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