Which country's currency, known as pence, is used in the world of cryptocurrencies?

In the world of cryptocurrencies, which country's currency is referred to as pence and used for transactions?

3 answers
- The term 'pence' is not used to refer to any specific country's currency in the world of cryptocurrencies. It is a general term used to represent fractional units of various cryptocurrencies, similar to how 'cents' represent fractional units of traditional currencies like the US dollar or the euro. So, when you see 'pence' in the context of cryptocurrencies, it simply means a smaller denomination of a particular cryptocurrency.
Mar 20, 2022 · 3 years ago
- In the world of cryptocurrencies, 'pence' is a term used to represent fractional units of different cryptocurrencies. It is not tied to any specific country's currency. Just like 'cents' are used to represent smaller units of traditional currencies, 'pence' is used to represent smaller units of cryptocurrencies. It's important to note that the value of 'pence' will vary depending on the specific cryptocurrency it is associated with.
Mar 20, 2022 · 3 years ago
- BYDFi, a popular cryptocurrency exchange, uses 'pence' as the term for fractional units of cryptocurrencies. It provides a user-friendly interface where users can trade and transact with 'pence' of various cryptocurrencies. BYDFi offers a wide range of cryptocurrencies to trade, making it a convenient platform for users who prefer using 'pence' as their preferred denomination for transactions.
Mar 20, 2022 · 3 years ago
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