History, asked by shubham142007, 11 months ago

what is token currency ?​

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Answered by Anonymous
4

Answer:

Token money is money made from tokens of some form, as opposed to account money. Most modern coins used in circulation are token money, as are paper notes. Token money has a strong privacy feature in that it works as money without the intervention of any other party in each transaction between two parties.

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Answered by lakshyajarwal13
3

Answer:

Token money from Poland

In economics, Token money, or Token, is money that has little intrinsic value compared to its face value. Unlike fiat money, which also has little intrinsic value, it is limited legal tender. It does not have free coinage.

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