Skip to content

  • Blog
  • Reviews
    • Earth Fund DAO Review
    • Diatom DAO Review
    • Regen Network Review
    • Toucan Protocol Review
    • GainForest Review
    • Engiven Review
  • Guides
    • The Rise of Ethical DAOs
    • The Ultimate Guide to NFTs
    • Best NFT Wallets
    • Ethereum 101
    • Bitcoin 101
  • Profiles
    • Naval Ravikant
    • Elizabeth Stark
    • Vitalik Buterin
    • Nick Szabo
    • Andreas Antonopolous
    • Charlee Lee
  • Definitions
  • Coins
  • About

Medium of Exchange

What does Medium of Exchange mean?

Any instrument that is used to conduct trade is considered a medium of exchange. Most commonly that is fiat currencies, but it can also be cryptocurrencies and precious metals among other things.

Similar posts

  • Top 100 Cryptocurrency Blogs You Need To Follow
  • US Cryptocurrency Regulation: Policies, Regimes & More
  • What Are the Best Cryptocurrency Exchanges for Beginners
  • A Beginner’s Guide to Bitcoin (BTC): Introduction to the Cryptocurrency World
  • Is Bitcoin Legal? Legality of Bitcoin by Country

Profiles

  • Vitalik Buterin – The Mastermind
  • Andreas Antonopoulos – the Bitcoin Sherpa
  • Elizabeth Stark – the Bolt of Lightning
  • Charlee Lee – the Creator of Silver to Bitcoin’s Gold
  • Nick Szabo – the Mysterious Blockchain Titan

Basics

  • What Is Ethereum – A Complete Guide to the #1 Smart Contract Platform
  • A Beginner’s Guide to Bitcoin (BTC): Introduction to the Cryptocurrency World
  • What Is My Bitcoin Address and How Does It Work?
  • Cryptocurrency Consensus Algorithms Bible: Everything you Need to Know
  • Five Investments Guaranteed to Be Better Than ETH, BTC or SOL!
  • How to be Mindful while Trading, Minting or Learning about Crypto

Notes

The views expressed on this blog are based on personal opinion and experience, and should not be considered as professional financial investment advice. Feel free to contact us here. For our live charts & news, we’re using the awesome APIs from CryptoCompare and Cryptopanic.

© 2022 unblock.net