1. What is legal currency? Legal currency is legal currency, which is issued by the country and the government and is only guaranteed by government credit, such as RMB, US dollars, etc. 2. What does Token mean? Token is usually translated as pass. Token is one of the important concepts in the blockchain. It is more commonly known as "token", but in the eyes of professional "chain circle" people, its more accurate translation is "pass", which represents the area. A proof of equity on the blockchain, not a currency. In the traditional value system, only things that can be recorded on the ledger can be exchanged for value and circulated. Therefore, accounting is the basis for generating wealth. However, in the real world, most things cannot be quantified, and the things that can be accounted for are extremely limited. But "Token" does. The magic of this thing is that Token can record physical assets and virtual digital assets digitally. 3. What does airdrop mean? Airdrops are a very popular method of marketing cryptocurrency right now. In order to allow potential investors and people who are keen on cryptocurrency to obtain token-related information, the token team will regularly issue unknown tokens to the accounts of currency circle participants, and the number is proportional to the number of original tokens. Ratio, if you want to get more airdrops, you must purchase more tokens. This is a very effective way of marketing. 4. What is candy? When various digital currencies are newly issued and are in the ICOicon, the digital currency distributed to users for free is a kind of momentum and publicity for the project itself by the issuer of the virtual currency project. 5. What does break mean? Fa refers to the issuance price icon of a digital currency, and break refers to a certain digital currency falling below the issuance price. 6. What does private equity mean? It is a way to invest in cryptocurrency projects, and it is also the best way for cryptocurrency project founders to raise funds for platform operations. Private Placement is relative to Public Offering. In short, it is raising funds privately. It refers to selling stocks (cryptocurrency) to small-scale qualified investors without going through the public market to obtain funds. . 7. What does ICO mean? Initial Coin Offering, derived from the concept of initial public offering (IPO) in the stock market, is a financing behavior in which blockchain projects exchange virtual currencies commonly used in market circulation for virtual currencies issued by themselves. 8. What are the current trading platforms in the currency circle? Binance#crypto2023 #Binance #BTC