Industry WIKI
Digital assets and currencies
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Legal tender
Legal tender is a form of money that the law recognises as valid for the discharge of a monetary debt in a jurisdiction. What constitutes legal tender varies between jurisdictions.
Trading basicsManx pound
The pound (abbreviation: IMP; sign: £), or Manx pound (Manx: Punt Manninagh; in order to distinguish it from other similar-named currencies), is the currency of the Isle of Man, at parity with sterling. The Manx pound is divided into 100 pence. Notes and coins, denominated in pounds and pence, are issued by the Isle of Man Government.
Trading basicsSlug (coin)
A slug is a counterfeit coin that is illegally used to make purchases. The object substituted may be an inexpensive object such as a washer or a coin from another country with far lower purchasing power than the coin it is being passed off as.