What is the meaning of EFP in the context of cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  EFP stands for Exchange for Physical. It is a type of trading arrangement where a trader can exchange a futures contract for the underlying asset. In the context of cryptocurrency trading, EFP allows traders to convert their futures contracts into the actual cryptocurrency tokens. This can be useful for traders who want to take physical possession of the cryptocurrency or for hedging purposes.
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• Dec 17, 2021 · 3 years ago
  EFP, short for Exchange for Physical, is a term commonly used in cryptocurrency trading. It refers to a trading mechanism that allows traders to exchange their futures contracts for the underlying cryptocurrency tokens. This can be advantageous for traders who want to take delivery of the actual tokens or for those who want to hedge their positions. EFP provides flexibility and liquidity in the cryptocurrency market.
  420140
• Dec 17, 2021 · 3 years ago
  In the context of cryptocurrency trading, EFP stands for Exchange for Physical. It is a mechanism that enables traders to convert their futures contracts into the underlying cryptocurrency tokens. This allows traders to take physical possession of the tokens, which can be useful for various purposes such as arbitrage or hedging. EFP is a common practice in the cryptocurrency market and provides traders with more options and flexibility in their trading strategies.
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