Nicola
Sun Aug 25 2024
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5 answers
954
How much does it cost to mint your own coins?
I'm curious, how much does it actually cost to mint one's own coins in the world of cryptocurrency? I've heard that it can be a costly endeavor, but I'm unsure of the specifics. Are there any upfront fees or ongoing costs associated with the process? And if so, how do they compare to traditional methods of minting currency? I'm eager to learn more about this aspect of the cryptocurrency world and how it differs from more traditional financial systems.
GeishaCharm
Wed Jun 26 2024
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5 answers
1094
Do I own the coins in Binance?
As a cryptocurrency investor, I often find myself pondering over the intricacies of digital asset ownership. One such query that arises frequently in my mind is, "Do I truly own the coins I hold in Binance?" After all, the exchange serves as an intermediary between me and my digital assets, facilitating trades and transactions. However, does this mean that I am merely a custodian of these coins, or do I possess the full rights and responsibilities of ownership? The answer to this question could have significant implications on my investment strategy and risk management. Therefore, I seek clarification on this matter to ensure I have a clear understanding of my position as a Binance user and cryptocurrency holder.
