One major difference between Facebook's cryptocurrency and other cryptocurrencies is _____.
A)its greater volatility
B)its low transaction fee
C)its higher value
D)its smartphone accessibility

Question

One major difference between Facebook's cryptocurrency and other cryptocurrencies is _____.
A)its greater volatility
B)its low transaction fee
C)its higher value
D)its smartphone accessibility

Quizplus · Accepted Answer

Facebook's cryptocurrency initiative, known as Libra (now rebranded as Diem), was designed to have low transaction fees, making it more accessible and affordable for users, especially in comparison to traditional banking fees and some other cryptocurrencies. This is aimed at facilitating global financial inclusion.

One Major Difference Between Facebook's Cryptocurrency and Other Cryptocurrencies Is _____