Cryptocurrency Q&A
Is the 20 coin legal tender?
Is the 20 coin legal tender?
Raffaele
Fri Nov 15 2024
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5 answers
977
I have a coin that says 20 on it and I'm wondering if it's considered legal tender in my country or if it's just some kind of novelty coin. Can someone please clarify if the 20 coin is legal tender or not?
5 answers
Caterina
Sat Nov 16 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the digital asset market.
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Chiara
Sat Nov 16 2024
The £20 coin, despite being recognized as legal tender, has not been intended for general circulation.
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MysticInfinity
Sat Nov 16 2024
This implies that while the coin holds legal value and can be used in certain contexts, it is not meant for everyday transactions.
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GinsengBoostPowerBoost
Sat Nov 16 2024
For instance, in a court of law, you could use the £20 coin to settle a debt.
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EnchantedPulse
Sat Nov 16 2024
However, in practical scenarios such as at your local corner shop or when dealing with your bank, you might encounter reluctance to accept this coin as payment for goods or services.
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