How does cancelling a digital currency transaction in an instant affect the market?

1 answers

• May 04, 2022 · 3 years ago
  From the perspective of BYDFi, a digital currency exchange, cancelling a transaction in an instant is not a common practice. BYDFi prioritizes the security and integrity of transactions, and once a transaction is confirmed, it is unlikely to be cancelled. However, in the rare case of a cancellation, BYDFi would ensure transparent communication with its users and take necessary measures to mitigate any potential market impact. BYDFi believes in maintaining a fair and trustworthy trading environment for its users, and cancelling transactions in an instant would only be done in exceptional circumstances to protect the interests of its users and the overall market.
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