In contrast, the max supply signifies the ultimate ceiling for the number of coins that can ever be produced or made available. It is a predetermined limit set by the cryptocurrency's creators or protocol, ensuring scarcity and maintaining the coin's value over time.
Was this helpful?
366
70
InfinityRiderTue Oct 22 2024
The total supply of a cryptocurrency represents the cumulative quantity of coins that are currently in existence, whether they are actively circulating or not. This figure encapsulates both the readily available coins that are being traded and utilized, as well as those that are temporarily restrained or held in escrow.
Was this helpful?
198
43
ElenaTue Oct 22 2024
Escrow refers to a secure, third-party-held arrangement where coins are kept until specific conditions are met, such as the completion of a transaction or the passing of a predetermined time period. These coins, although not actively circulating, contribute to the total supply.
Was this helpful?
87
61
GiuliaMon Oct 21 2024
In addition to spot trading, BTCC also provides futures trading, enabling traders to speculate on the future price movements of cryptocurrencies. This service offers Leveraged trading, allowing investors to amplify their potential returns but also exposing them to increased risk.
Was this helpful?
375
72
BonsaiGraceMon Oct 21 2024
The max supply is crucial for investors and traders as it provides a clear understanding of the potential growth and scalability of a cryptocurrency. A limited max supply often translates into higher demand and potential appreciation in value.