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

3 answers

• Mar 06, 2022 · 3 years ago
  The ex-works incoterm refers to a trade agreement where the seller is responsible for making the goods available at their premises. In the context of digital assets in the cryptocurrency market, this term is not directly applicable as there are no physical goods involved. The pricing of digital assets is primarily determined by supply and demand dynamics, market sentiment, and factors specific to each asset. The ex-works incoterm does not have a direct impact on the pricing of digital assets in the cryptocurrency market.
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• Mar 06, 2022 · 3 years ago
  The ex-works incoterm is not relevant to the pricing of digital assets in the cryptocurrency market. Digital assets, such as cryptocurrencies, are not physical goods that can be shipped or delivered. Their value is determined by various factors, including market demand, technological advancements, regulatory developments, and investor sentiment. The ex-works incoterm is more applicable to traditional international trade involving physical goods, where it defines the seller's responsibility for delivering the goods at their premises.
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• Mar 06, 2022 · 3 years ago
  As a representative of BYDFi, I can confirm that the ex-works incoterm does not directly affect the pricing of digital assets in the cryptocurrency market. The pricing of digital assets is primarily driven by market forces, such as supply and demand, investor sentiment, and market liquidity. While trade terms like ex-works are important in traditional international trade, they do not have a direct impact on the pricing dynamics of digital assets in the cryptocurrency market.
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