Secondary

Secondary in the Bitcoin Community

In the context of the Bitcoin community, Secondary typically refers to secondary markets or secondary players.

• Secondary markets involve the trading or exchange of Bitcoin and other cryptocurrencies after the initial issuance or primary sale, often through exchanges or peer-to-peer platforms.
• Secondary players can include individual investors, traders, or institutions that engage in buying or selling Bitcoin rather than being involved directly in the primary issuance (such as mining or initial coin offerings).

The term is often used to distinguish between primary markets (where Bitcoin is created or issued) and secondary markets (where Bitcoin is actively traded among users).