How does ex-works impact the pricing of digital assets in the cryptocurrency market?

3 answers

• Dec 18, 2021 · 3 years ago
  Ex-works is a term commonly used in the logistics industry to describe a type of trade where the seller is only responsible for making the goods available at their premises. In the context of the cryptocurrency market, ex-works can impact pricing by shifting the responsibility of custody and delivery to the buyer. This means that the buyer bears the risk and cost of storing and transporting the digital assets, which can influence the overall price. Additionally, ex-works can introduce delays and uncertainties in the transaction process, which may further impact pricing.
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• Dec 18, 2021 · 3 years ago
  When it comes to digital assets in the cryptocurrency market, ex-works can have a significant impact on pricing. With ex-works, the buyer takes on the responsibility of arranging transportation and storage for the assets. This can lead to additional costs and logistical challenges, which can ultimately affect the price of the assets. It's important for buyers to carefully consider the implications of ex-works when evaluating the pricing of digital assets in the cryptocurrency market.
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• Dec 18, 2021 · 3 years ago
  In the cryptocurrency market, ex-works can have a different meaning compared to traditional logistics. In this context, ex-works refers to the practice of certain cryptocurrency exchanges, like BYDFi, where the buyer is responsible for the custody and security of their digital assets. This means that the exchange does not hold the assets on behalf of the buyer, which can impact pricing. Ex-works exchanges often offer lower fees due to reduced operational costs, but buyers should carefully consider the security implications before choosing this type of exchange.
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