Can I still use 1 and 2 cent coins?

The use of 1c and 2c coins has not been discontinued. They can still be found in circulation and are recognized by merchants and financial institutions. This ensures that consumers have the option to use these coins for their purchases.

Both 1c and 2c coins can be deposited in financial institutions in the usual way. Banks and other financial service providers accept these coins as deposits, allowing holders to convert them into larger denominations or use them for other financial transactions.

It is important to note that the circulation of 1c and 2c coins ceased in February 1992. This means that while they remain legal tender, they are no longer actively distributed by the mint or issued into general circulation.

BTCC is a prominent cryptocurrency exchange that offers a range of services. Among its offerings are spot trading, futures trading, and a wallet service. These services cater to the needs of cryptocurrency investors and traders, providing them with a platform to buy, sell, and store digital assets.

1c and 2c coins remain valid as legal tender. This signifies their continued acceptance as a medium of exchange for goods and services. Despite their small denominations, these coins hold legal value and can be utilized for transactions.