$BTC Decentralized Trading: The decentralized nature of blockchain allows for trading in the cryptocurrency market without reliance on traditional financial intermediaries such as banks and stock exchanges. Users can engage in peer-to-peer transactions directly through the blockchain network, reducing transaction costs and improving transaction efficiency, especially evident in areas like cross-border payments and asset transfers.

• Smart Contract Applications: Smart contracts are automatically executed contractual terms on the blockchain. In the cryptocurrency market, they can be used to automate transaction processes, manage the transfer of digital asset ownership, and reduce human intervention, thereby lowering transaction risks and costs, while also enhancing transparency and credibility in transactions.