What are the primary and secondary markets in the cryptocurrency circle? Is there a difference?

First, let me introduce the secondary market in the cryptocurrency circle. It refers to a market formed by the sale and circulation of various currencies between different investors after the currency is issued and launched. It can also be called a circulation market or a secondary market, just like we often discuss buying spot, making contracts and pledging in first- and second-tier exchanges. The primary market in the cryptocurrency circle is also called the primary market. It refers to a market where newly issued currencies are sold from issuers to investors. It is the stage where each currency is publicly and privately offered by the issuer to investors before it is listed on the exchange.

The biggest difference between the primary and secondary markets in the cryptocurrency circle is that the time of purchase and contact is different. Private placement coins are bought before they are listed on the exchange. The listing price is much lower than the opening price of the exchange. After listing, they often get hundreds or even thousands of times of profit. After listing, the coin friends who participate in the secondary market start to buy. Players in the primary market can throw away the principal and leave the profit to continue to rise, and they can also get more profits all the time.

In fact, the essential difference between the primary market and the secondary market of the cryptocurrency circle is the different time of exposure to news and the different timing of entry, which also leads to the difference in returns. However, there are certain risks in participating in the cryptocurrency circle, so cryptocurrency friends need to understand clearly before choosing the market. #6万保卫战 #SCR价格预测 #美联储会议纪要曝9月降息幅度有分歧