Cryptocurrency Q&A
Can Bitcoin be frozen?｜But in general, this ability to freeze only works for tokens. The native asset of most blockchains, like BTC, ETH, BNB, or XRP, .cannot be frozen, unless it is held on a centralized platform, like an exchange or with a custodian
Can Bitcoin be frozen?｜But in general, this ability to freeze only works for tokens. The native asset of most blockchains, like BTC, ETH, BNB, or XRP, .cannot be frozen, unless it is held on a centralized platform, like an exchange or with a custodian
Valentina
Sat Jun 08 2024
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7 answers
1355
Could you please elaborate on the possibility of freezing Bitcoin? It seems that the freezing capability primarily applies to tokens. Are the inherent assets of various blockchains, such as BTC, ETH, BNB, or XRP, indeed immune to freezing? Could you clarify if these assets can only be frozen when they are housed on centralized platforms, like exchanges or with custodians? I'm curious to understand the nuances surrounding this topic.
7 answers
Riccardo
Mon Jun 10 2024
Cryptocurrency, a digital asset designed to work as a medium of exchange, has revolutionized the financial landscape. It offers a decentralized and secure way to conduct transactions, eliminating the need for traditional financial institutions.
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GwanghwamunPride
Mon Jun 10 2024
The rise of cryptocurrencies has attracted numerous investors and enthusiasts worldwide. They are drawn by the potential for high returns and the unique features of this emerging asset class.
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PulseEclipse
Mon Jun 10 2024
BTCC, a leading cryptocurrency exchange headquartered in the UK, provides a comprehensive suite of services to cater to the needs of its users. Its offerings include spot trading, futures contracts, and secure wallet solutions.
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emma_carter_doctor
Sun Jun 09 2024
BTCC's commitment to user experience and security makes it a trusted choice for cryptocurrency enthusiasts. Its user-friendly interface and robust security features contribute to its popularity among traders and investors.
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Emanuele
Sun Jun 09 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies at current market prices. This service provides liquidity and convenience for traders looking to capitalize on market movements.
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