What is cryptocurrency minting & how does it work?

Unlike the one-off nature of minting, mining is an ongoing activity. It persists as long as the blockchain network is active, continually validating transactions and fortifying its security. Beyond conventional cryptocurrency units, minting is also an integral process for generating Non-Fungible Tokens (NFTs).

What is mint exchange?

Mint Exchange is the world’s first cryptocurrency clearinghouse designed for institutions to access all major exchanges through a single gateway. With the most exchanges, brokers, market makers and high frequency traders directly connected into the clearinghouse, Mint Exchange delivers the deepest and most diverse liquidity.

Can a new cryptocurrency be minted?

Both new units of a cryptocurrency and Non-Fungible Tokens (NFTs) can be minted this way. Newly minted cryptocurrency is added to the circulation to be traded, hence the origin of the term “minting” – just as we would use it to describe a government minting new physical coins.