baino currency vs local currency
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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In essence, Baino currency is a digital asset that only exist in electronic form with currencies code such as TRP, MMR, and IOC. While on the other hand; A Local currency is any form of Fiat money that exist in paper or coin, which include USD, EUR, and GBP as examples.
Baino currencies are generated by Sunlight and can also be earned manually. But, Local currencies are only produced and issued by the Government of a country, or nation.
Baino currency is a digital asset or money which is portable that is can easily be carried around and can easily be exchanged for fiat (local currency) eg USD etc. The Baino currency is TRP which valued at 1TRP =0.01 USD
The Baino currency (hypothetical or community-based) often operates parallel to the Naira (NGN), Nigeria’s official currency. While the Naira is regulated by the Central Bank of Nigeria, Baino may be informal, localized, or digital, with value tied to trust or specific ecosystems. Exchange rates fluctuate based on adoption and liquidity.