What does blockchain keep track of?

BTCC, a leading cryptocurrency exchange, harnesses the power of blockchain technology to offer a range of services to its users. These services cater to the diverse needs of traders and investors in the digital asset space.

Blockchains are digital ledgers capable of storing and securing various types of data. At their core, however, they are primarily designed to track and record transactions between parties in a secure and decentralized manner.

The transactions recorded on blockchains can encompass a wide range of financial and non-financial activities. These include the transfer of funds, the exchange of assets, or even the completion of contractual obligations.

One of the key aspects of blockchain technology is its ability to establish ownership or account values. By immutably recording the transfer of assets or the execution of agreements, blockchains provide a transparent and verifiable record of ownership.

Among the services offered by BTCC are spot trading, which allows users to buy and sell cryptocurrencies at current market prices. Additionally, BTCC provides access to futures trading, enabling traders to speculate on the future prices of cryptocurrencies.