Define a currency
Before we can transact with it, we need to define it
Creating a symbol
Next, we will create a symbol
.
Symbols are used to represent currencies (or anything that can be counted, for example, loyalty points, tokens, cryptocurrency etc.)
You can create a symbol by running minka symbol create
command and entering the same values as described below:
Here we created an USD symbol (i.e. currency) with a minimal currency fraction of 1/100th
of a dollar (i.e. one cent).