How does t+1 trading work in the context of cryptocurrency exchanges?

1 answers

• Martinus van DeursenJul 29, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, offers t+1 trading to its users. With t+1 trading, users can enjoy faster settlement times and access their funds sooner. This can be especially beneficial for active traders who want to take advantage of short-term market opportunities. However, it's important to note that t+1 trading also comes with risks, such as price volatility and potential delays in settlement. Traders should carefully consider these factors and conduct thorough research before engaging in t+1 trading on BYDFi or any other cryptocurrency exchange.
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