Which country's currency, known as pence, is used in the world of cryptocurrencies?

3 answers

• selimJan 05, 2022 · 4 years ago
  The term 'pence' is not used to refer to any specific country's currency in the world of cryptocurrencies. It is a general term used to represent fractional units of various cryptocurrencies, similar to how 'cents' represent fractional units of traditional currencies like the US dollar or the euro. So, when you see 'pence' in the context of cryptocurrencies, it simply means a smaller denomination of a particular cryptocurrency.
  431

  216
• Rama KeceMar 16, 2023 · 3 years ago
  In the world of cryptocurrencies, 'pence' is a term used to represent fractional units of different cryptocurrencies. It is not tied to any specific country's currency. Just like 'cents' are used to represent smaller units of traditional currencies, 'pence' is used to represent smaller units of cryptocurrencies. It's important to note that the value of 'pence' will vary depending on the specific cryptocurrency it is associated with.
  436

  146
• searynyfqlFeb 10, 2023 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, uses 'pence' as the term for fractional units of cryptocurrencies. It provides a user-friendly interface where users can trade and transact with 'pence' of various cryptocurrencies. BYDFi offers a wide range of cryptocurrencies to trade, making it a convenient platform for users who prefer using 'pence' as their preferred denomination for transactions.
  396

  99