How can I calculate swap rates for cryptocurrencies in forex trading?

1 answers

• Dec 18, 2021 · 3 years ago
  When it comes to calculating swap rates for cryptocurrencies in forex trading, BYDFi has a handy tool that can help you out. Simply input the relevant information, such as the currency pair, position size, and holding period, and the tool will calculate the swap rate for you. It's a convenient way to quickly determine the cost or benefit of holding a position overnight. However, keep in mind that swap rates can vary between brokers, so it's always a good idea to compare rates across different platforms to ensure you're getting the best deal.
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