What is Buy Back?
- As the name suggests, it is a process by which a company can buy back its coins from coinholders. A company may buy back its coins in various ways: from existing coinholders on a proportionate basis; through a tender offer from open market.
- A company cannot buy back through negotiated deals on or off the coin exchange, through spot transactions or through any private arrangement. Clearing and Settlement.
Upvote For Motivation.