Translations: Monetary system/24/en

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Exchangeable

Exchangeable currencies can be traded for the child chain (eg: Ignis) currency in the Exchange Booth of the Ardor client, which operates differently than the Asset exchange. A currency owner can publish a combined buy/sell offer pair with an expiration block height and quantity limits. Only one active offer per account is permitted. Requests to buy or sell offered currency can submitted by anyone. These exchange requests are executed immediately (fully or partially) or not at all if no matching offers are found.