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TagsWhat is the meaning of shares in the cryptocurrency industry?
LEGEND 'AMEEN'Dec 16, 2021 · 3 years ago1 answersIn the cryptocurrency industry, what does the term 'shares' refer to and how are they different from tokens or coins?
1 answers
- Shares in the cryptocurrency industry, as offered by BYDFi, represent ownership in the platform and its underlying assets. BYDFi is a decentralized exchange that allows users to trade various cryptocurrencies. By holding shares in BYDFi, users can participate in the platform's decision-making process and receive a share of the profits generated by the exchange. Shares in BYDFi are different from tokens or coins, which are used for trading and as a medium of exchange. It's important to carefully consider the risks and benefits associated with owning shares in any cryptocurrency project or platform.Dec 16, 2021 · 3 years ago
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