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Triple Cyrptocurrency Penny Inc is a multinational financial and cryptocurrency investment forex broker with antennas around the world offering open membership for investors both professional and novice. Since we commenced operations in 2010, TCC has proven to be one of the best investment companies having built a strong reputation in the finance industry. We built TCC Penny because we are passionate about open, transparent markets and aim to be a major driving force in widespread adoption. Our goal as a company is to enrich millions of people around the world including those who know nothing about the industry. TCC Penny is the best way to access the global financial markets of the future. Businesses small and large rely on our data to power their decision-making.

We are a group of dedicated developers, traders, analysts and evangelists that believe in the upcoming paradigm shift that cryptography and the blockchain are bringing to the global financial industry.

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We built TCC Penny because we are passionate about open, transparent markets and aim to be a major driving force in widespread adoption. Our goal as a company is to empower 100,000 people through powerful tools and education.

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The simple answer is MONEY.

Because you’re not buying anything physical, forex trading can be confusing.

Think of buying a currency as buying a share in a particular country, kinda like buying stocks of a company.

The price of the currency is usually a direct reflection of the market’s opinion on the current and future health of its respective economy.

What is traded in forex?

In forex trading, when you buy, say, the Japanese yen, you are basically buying a “share” in the Japanese economy.

You are betting that the Japanese economy is doing well, and will even get better as time goes. Once you sell those “shares” back to the market, hopefully, you will end up with a profit.

In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country’s economy, compared to other countries’ economies.

By the time you graduate from this School of Pipsology, you’ll be eager to start working with currencies.

Major Currencies

SYMBOL COUNTRY CURRENCY NICKNAME
USD United States Dollar Buck
EUR Eurozone Euro Fiber
JPY Japan Yen Yen
GBP Great Britain Pound Cable
CHF Switzerland Franc Swissy
CAD Canada Dollar Loonie
AUD Australia Dollar Aussie
NZD New Zealand Dollar Kiwi

Currency symbols always have three letters, where the first two letters identify the name of the country and the third letter identifies the name of that country’s currency.

Take NZD for instance. NZ stands for New Zealand, while D stands for dollar. Easy enough, right?

The currencies included in the chart above are called the “majors” because they are the most widely traded ones.

We’d also like to let you know that “buck” isn’t the only nickname for USD.

There’s also: greenbacks, bones, benjis, benjamins, cheddar, paper, loot, scrilla, cheese, bread, moolah, dead presidents, and cash money.

So, if you wanted to say, “I have to go to work now.”

Instead, you could say, “Yo, I gotta bounce! Gotta make them benjis son!”

Or if you wanted to say, “I have lots of money. Let’s go to the shopping mall in the evening.”

Instead, why not say, “Yo, I gots mad scrilla! Ima head to the mall later.”

Did you also know that in Peru, a nickname for the U.S. dollar is Coco, which is a pet name for Jorge (George in Spanish), a reference to the portrait of George Washington on the $1 note?

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Updated on 2018-10-04T00:41:46+00:00, by tccadmin.