Exchange of money and mode of transfers are considered to be a driving force in finance. In a borderless world where everyone is connected by instant messages, the focus of the investors is on the changing dynamics related to money evolution. From paper to cards, the world is now witnessing another jump towards digital money (also known as smart money). Perhaps, this is the beginning of decentralized finance.
Speaking in terms of crypto, the concept of the base currency is based upon the native alternative coin which is to be traded on the exchange. These are ERC- 20 based smart tokens which have been freshly minted or developed. Some of the leading base currencies which trade on PointPay exchange are Bitcoin Cash (BCH), Binance Coin (BNB), Lite coin (LTC), Monero (XMR), and Ripple (XRP).
The main advantage of these currencies is that they allow additional liquidity on the exchange other than stable coins and keep the interest of investors inline. They also allow investors to constantly keep track of their investment’s price fluctuations on the exchange. Lastly, the base currencies also provide a fair analysis of similar projects which makes it easier for investors to make a financial decision.
