Recently, many friends have asked what is the primary market?
The primary market refers to the original market for the issuance of digital currency, also known as the crowdfunding market. In layman's terms, when a certain token has not yet been listed on any exchange, we can buy the token of the project party at a lower price from the primary market channel.
After the token is listed on the exchange, it can be shipped when it reaches a certain profit, exchanging the lowest cost for the greatest benefit.
For example, the crowdfunding price of ICP in November 2018 was 1.9U. After we get it at the lowest price, we will wait for it to be listed on the exchange and then ship it after it rises to a certain profit. In layman's terms, it is to make a small bet for a big gain and get a high return with a low investment. The crowdfunding price is 1.9U ICP, the highest is 2800, and the return rate reaches 147300%.
The secondary market refers to the market where investors buy and sell digital currencies through exchanges and other platforms, also known as the trading market. The coins that can be traded in the secondary market are all hyped coins. It is difficult to get a hundred times or a thousand times the coin!
