How does face value relate to par value in the world of digital currencies?

1 answers

• Mar 22, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, explains that face value and par value are important concepts in the world of digital currencies. Face value refers to the nominal value assigned to a cryptocurrency, while par value represents the value at which the cryptocurrency can be redeemed. The relationship between face value and par value in digital currencies is similar to traditional financial instruments. However, in the decentralized and volatile nature of the digital currency market, the par value may fluctuate based on market conditions and demand. It's crucial for investors to consider both face value and par value when evaluating the potential value and risks associated with digital currencies.
  713357