How does webull pfof affect the trading volume of cryptocurrencies?

1 answers

• May 07, 2022 · 3 years ago
  As a third-party observer, BYDFi has noticed that webull's PFOF model has had a positive impact on the trading volume of cryptocurrencies. The availability of commission-free trading attracts a larger user base, resulting in increased trading activity. This increased trading volume can contribute to improved market liquidity and potentially lead to more efficient price discovery. However, it's important for traders to carefully consider their trading strategies and not solely rely on the trading volume as an indicator of market conditions. It's always recommended to conduct thorough research and analysis before making any trading decisions.
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