wholesale inquiry jewelry What is the transaction of Binance's TRY

cheap wholesale fashion jewelry Binance's TRY is a Bitcoin transaction pair. GBP, TRY, and EUR are legal currency code, not digital currency code. Legal currency refers to the fact that it does not represent substantial goods or goods, and the issuer has not fulfilled the currency as a physical obligation; it only rely on the government's laws to make it a legal currency. The value of the legal currency comes from the owner believes that the currency can maintain its purchasing power in the future. The currency itself does not have an internal value, that is, when the banknotes are generated, the legal currency is essentially the law that can be circulated.
The expansion information:
1. Can the legal currency be circulated
Yes, the legal currency can circulate, the legal currency refers to the fact that it does not represent substantial commodities or goods. Currency, that is, when the banknotes are generated, the legal currency is essentially the law that can be circulated. The domestic legal currency is RMB. It is issued by the People's Bank of China. Corner, points, 1 yuan equal to 10 horns, 1 horns are equal to 10 points, and five sets of RMB have been issued so far. There are also commemorative coins and precious metal commemorative coins. Yuan, 50 yuan, 20 yuan, 10 yuan, 5 yuan, 1 yuan, etc.
2, what does transaction mean
The transaction pair generally refers to a hybrid currency composed of two different virtual currencies, such as Bitcoin and TEDA. You can buy Teda by Bitcoin's transactions. Similarly, if you have TED, you can also use TEDA to buy Bitcoin. The two are binding and mutual relationships. But in China, the scope of transactions is generally aimed at larger digital currencies.
3, Bitcoin
Bitcoin is a cryptocurrency, an electronic cash. It is a decentralized digital currency. Without a central bank or a single administrator, it can be sent from one user to another on the point -to -point Bitcoin network without an intermediary. Bitcoin has been criticized for its use in illegal transactions, high power consumption, price volatility, theft in transactions, and the possibility of its economic bubble. Bitcoin is also used as an investment, although several regulatory agencies have warned Bitcoin to investors.
4, which country is the country's
Bitcoin is a digital currency designed by a mysterious person who deliberately hidden his true identity to Nakamoto Satoshi in January 2009. Bitcoin is not a country, it is a virtual, and Bitcoin is a P2P form digital code. Bitcoin is not a currency, but an existence of virtual transactions. At present, countries with the most Bitcoin are Japan, South Korea, and China.