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What currency is INC (cn)?

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What currency is INC? In the world of decentralized finance (DeFi), INC (Incred

What currency is INC (cn)?

What currency is INC? In the world of decentralized finance (DeFi), INC (IncredibleToken) is a decentralized digital asset implemented using blockchain technology. Its issuance method is very different from traditional fiat currencies. Due to the nature of blockchain technology, which is public, transparent, and tamper-proof, the INC protocol uses a technology called “verifiable transaction proof” to ensure complete anonymity.

Incom is a cryptocurrency based on smart contracts, aiming to solve various trust issues in traditional financial systems, such as complex processes like loans, settlements, and clearing. It also provides a new way to conduct on-chain transactions, allowing transactions to be securely completed on the blockchain network and directly sent to user wallets in a peer-to-peer manner.

Specifically, Inco is an ERC20 token (in the form of ERC-20) representing Bitcoin, and the project’s code is defined as a common standard. According to its website, it can use Bitcoin as an exchange medium and transfer it to other addresses or platforms. This means that anyone can create their own exchange account or purchase their BTC/ETH trading pairs within it.

What currency is cn?

According to official news, Binance recently announced that it will launch the decentralized exchange Cobo Wallet (cn) using the Ethereum ERC-20 standard and released its latest progress today. It has been reported that Bithumb, the first digital currency trading platform in mainland China, announced a partnership with Korbit, the largest online payment company in South Korea. In this collaboration, Korbit will issue a new virtual token called COIN with the code name CN.

It is reported that several mainstream exchanges such as Huobi Global, OKEx, Kucoin, and Gate.io already support cn.

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