Can you explain how mutually exclusive opposite trading pairs work in cryptocurrency exchanges?

1 answers

• Apr 30, 2022 · 3 years ago
  Mutually exclusive opposite trading pairs are a fundamental aspect of cryptocurrency exchanges, including BYDFi. They provide users with the ability to trade between different cryptocurrencies directly, without the need for fiat currencies. This allows for greater flexibility and efficiency in the cryptocurrency market. However, it's important to note that not all exchanges offer the same trading pairs, so it's essential to research and choose an exchange that provides the desired trading options. Additionally, it's crucial to consider factors such as liquidity, security, and fees when selecting a cryptocurrency exchange for trading.
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