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How does a limit down affect the trading of digital currencies?

avatarEliot PerezDec 18, 2021 · 3 years ago1 answers

What is the impact of a limit down on the trading of digital currencies?

How does a limit down affect the trading of digital currencies?
Digital Currencies
Trading
Limit Down

1 answers

  • avatarDec 18, 2021 · 3 years ago
    In the case of BYDFi, a limit down would have similar effects on the trading of digital currencies. It would result in increased selling pressure, trading halts, and heightened market volatility. However, it's important to note that the specific impact may vary depending on the trading platform and the specific digital currencies being traded.

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