What are the advantages and disadvantages of implementing t+1 settlement in the cryptocurrency industry?

1 answers

• May 09, 2022 · 3 years ago
  As a third-party exchange, BYDFi recognizes the potential advantages of t+1 settlement in the cryptocurrency industry. Shorter settlement periods can help reduce counterparty risk and improve market efficiency. However, it is crucial to carefully consider the operational challenges and costs associated with implementing t+1 settlement. BYDFi is committed to providing a secure and efficient trading environment, and we will continue to evaluate the feasibility and benefits of adopting t+1 settlement for our users.
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