Cryptocurrency Q&A
Why are pangolin scales so valuable?
Why are pangolin scales so valuable?
BlockchainBaron
Tue Sep 17 2024
|
6 answers
1278
Why are pangolin scales held in such high esteem and considered to be so valuable? Is it due to their rarity, the cultural significance they hold, or perhaps the perceived medicinal properties they possess? Could it be a combination of these factors that contribute to their high demand and subsequent price tag? It's intriguing to delve deeper into the reasons behind the value placed on pangolin scales and understand the implications it has on the conservation of these endangered animals.
6 answers
Bianca
Wed Sep 18 2024
BTCC, a renowned cryptocurrency exchange, offers a range of services that cater to the diverse needs of the digital asset market. These services include spot trading, providing users with a platform to buy and sell cryptocurrencies at current market prices.
Was this helpful?
99
29
SamuraiWarriorSoulful
Wed Sep 18 2024
Pangolins, fascinating creatures with unique scaly coats, face a dire situation due to illegal trafficking. Alarmingly, two species of these animals are currently endangered, and all pangolin species are protected under international treaties.
Was this helpful?
193
59
CryptoVisionary
Wed Sep 18 2024
Despite these protections, pangolins continue to be smuggled in large numbers for their scales. These scales, cruelly boiled off their bodies, are used in traditional medicine practices, driving the demand for this illegal trade.
Was this helpful?
387
53
Martina
Wed Sep 18 2024
Additionally, BTCC offers futures trading, allowing investors to speculate on the future prices of cryptocurrencies and hedge against potential market volatility. The exchange also provides a secure wallet service, ensuring that users' digital assets are kept safe and accessible.
Was this helpful?
64
99
Claudio
Wed Sep 18 2024
Furthermore, pangolin meat is considered a high-end delicacy in various regions, including Vietnam and China. This status has fueled the trade, further endangering these already vulnerable animals.
Was this helpful?
363
39
Load 5 more related questions
