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What is the difference between buying coins and recharging coins (recharging memo)

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What is the difference between buying coins and recharging coins (recharging memo)

What is the difference between buying and recharging coins? Buying coins and recharging coins are two completely different assets. Firstly, the process of purchasing tokens is similar to buying and selling stocks or commodities, which is simple, convenient, and fast. Secondly, completing various digital currency transactions or other related operations on the blockchain. The final step is to conduct a series of digital currency exchange processes offline. This involves a very simple process of participating through a centralized network From a technical perspective, there are fundamental differences between buying and recharging coins: the first method is to start the project from a certain address; The second type of method is to repurchase the tokens of a specific project to obtain a certain proportion of profits. The third way is to invest funds into the systems of designated platforms and let them run on their own. So there is a big difference between the two:. In addition, as many investors invest in this way, they need to consider some risk factors when investing, such as the possibility of losses due to the inability to obtain appropriate profits when prices fall

2. If a team wants to continue to operate in this field for a period of time (for example, in the currency security exchange), they will deposit a certain amount of Cryptocurrency in their account to ensure that it can be held for a long time, so that this situation can be avoided

Recharge memo

According to official news, memo coins will be launched on the HECO chain on August 11, 2020 at 22:00.

. Users can pledge MeMo tokens to their wallets for mining (i.e. charging USDT into the MEMO network) and receive MEMOS rewards According to introduction: memos is a DeFi project based on Heco, with the goal of serving various blockchain application developers in a “one click” and “decentralized” manner. At present, two sub platforms have been launched – the loan and liquidity agreement MimoFinance, the News aggregator MecoDEX and the cross chain asset management agreement Swap.fi, aiming to provide users with a more simple, secure and efficient service environment.

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