Cryptocurrency Q&A
Which money is highly liquid?
Which money is highly liquid?
Lorenzo
Mon Nov 18 2024
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5 answers
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I want to know which type of money or currency has a high level of liquidity, meaning it can be easily converted into cash or used to make purchases without significant loss in value.
5 answers
KatanaSharpened
Wed Nov 20 2024
Among them, cash on hand stands out as the most liquid type of asset. It is readily available for immediate use and does not require any conversion process.
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Valentina
Wed Nov 20 2024
Another type of liquid asset is the funds that can be withdrawn from bank accounts. These funds are also easily accessible and can be utilized when needed.
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Enrico
Wed Nov 20 2024
The convenience of these liquid assets lies in their immediate availability. If a business faces a sudden need for cash, it can tap into these funds without any delay.
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JejuJoyfulHeartSoulMate
Wed Nov 20 2024
Liquid assets play a crucial role in business operations.
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DongdaemunTrendsetting
Wed Nov 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of digital asset investors. These services include spot trading, futures trading, and wallet management. With BTCC, users can trade cryptocurrencies seamlessly and manage their digital assets effectively.
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