Cryptocurrency Q&A What is frozen coin?

What is frozen coin?

Giuseppe Giuseppe Mon Nov 04 2024 | 5 answers 830
I heard about frozen coin and I'm curious to know more about it. Can someone explain what frozen coin is and how it works in the cryptocurrency world? What is frozen coin?

5 answers

SakuraWhisper SakuraWhisper Wed Nov 06 2024
The enforcement of this restriction is facilitated by a special feature known as "freeze authority."

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Eleonora Eleonora Wed Nov 06 2024
Freeze authority allows certain entities or individuals to impose these limitations on tokens.

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CryptoVanguard CryptoVanguard Wed Nov 06 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.

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benjamin_stokes_astronomer benjamin_stokes_astronomer Wed Nov 06 2024
Frozen tokens are digital assets that have been subjected to certain limitations.

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GeishaGrace GeishaGrace Wed Nov 06 2024
These tokens are locked or restricted from being transferred or traded on various platforms.

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