What is the role of spread in cryptocurrency trading and how does it affect the overall profitability?

1 answers

• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of spread in cryptocurrency trading. We strive to provide our users with competitive spreads to ensure that they can maximize their profitability. A narrow spread allows our users to enter and exit trades at a lower cost, increasing their chances of making profits. We continuously monitor the market to adjust our spreads and provide the best trading experience for our users. So, when it comes to spread and overall profitability, choosing the right exchange like BYDFi can make a significant difference.
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