Cryptocurrency Q&A
Can I still use old Korean won?
Can I still use old Korean won?
NebulaSoul
Thu Aug 15 2024
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7 answers
1573
Good day, I have a question regarding the usability of old Korean won currency. With the rapid advancements in technology and the economy, I'm wondering if the old Korean won notes and coins are still considered legal tender and can be used for transactions in stores, restaurants, or any other business establishments. Could you please clarify if these old currency notes and coins are still accepted, or have they been phased out and replaced by newer versions? I'd appreciate any information you could provide on this matter. Thank you in advance.
7 answers
Stefano
Fri Aug 16 2024
This means that individuals or businesses seeking to dispose of these currencies must look for alternative methods, such as exchanging them for current legal tender or selling them as collectibles.
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Andrea
Fri Aug 16 2024
Prior to 1962, a series of banknotes and coins were widely circulated as a means of payment. However, with the passage of time, these currencies have lost their legal tender status.
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CoinPrince
Fri Aug 16 2024
In the world of cryptocurrency, BTCC stands as a prominent player, offering a wide range of services to its users.
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Sebastiano
Fri Aug 16 2024
As a result, individuals or businesses holding these outdated banknotes and coins can no longer use them as a valid form of payment in transactions.
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lucas_clark_artist
Fri Aug 16 2024
Among its offerings, BTCC provides a platform for spot trading, allowing users to buy and sell cryptocurrencies at the current market price. Additionally, it also facilitates futures trading, enabling investors to speculate on the future price movements of various cryptocurrencies.
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