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How does 1 basis point in percentage affect the profitability of cryptocurrency investments?

avatarAbdul KhadharDec 16, 2021 · 3 years ago1 answers

Can you explain how a 1 basis point change in percentage can impact the profitability of investments in cryptocurrencies?

How does 1 basis point in percentage affect the profitability of cryptocurrency investments?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we understand the importance of even the smallest changes in percentage when it comes to cryptocurrency investments. A 1 basis point change may seem insignificant, but it can actually have a substantial impact on your profitability. Our platform is designed to help you stay on top of these changes and make informed investment decisions. With our advanced analytics and real-time market data, you can monitor the market closely and take advantage of even the smallest opportunities for profit. So, whether it's a 1 basis point or a larger percentage change, BYDFi is here to support your cryptocurrency investment journey.