Cryptocurrency Q&A What is a remint?

What is a remint?

Gianluca Gianluca Mon Dec 02 2024 | 6 answers 1173
I recently encountered the term 'remint' and I'm not sure what it means. I've tried searching for it online, but haven't found a clear explanation. Can someone please define 'remint' for me and provide some context or examples of its use? What is a remint?

6 answers

TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Wed Dec 04 2024
The verb "remint" is pronounced as /ˌriːˈmɪnt/.

Was this helpful?

242
90
EclipseRider EclipseRider Wed Dec 04 2024
It is a transitive verb which means to melt down old or worn coins.

Was this helpful?

157
58
CryptoLegend CryptoLegend Wed Dec 04 2024
The process of reminting involves taking coins that are no longer in good condition.

Was this helpful?

391
32
Bianca Bianca Wed Dec 04 2024
These coins are then melted down and recast into new coins.

Was this helpful?

46
92
Martino Martino Tue Dec 03 2024
Reminting is a way to restore the value and usability of worn-out currency.

Was this helpful?

248
33
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts