Which margin, standard or gross, is more commonly used in the cryptocurrency industry?

3 answers

• Dec 15, 2021 · 3 years ago
  In the cryptocurrency industry, the standard margin is more commonly used for trading. This type of margin refers to the difference between the buying and selling prices of a cryptocurrency. Traders use the standard margin to determine their profit or loss on a trade. It is a widely accepted practice and is used by most cryptocurrency exchanges.
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• Dec 15, 2021 · 3 years ago
  When it comes to margin trading in the cryptocurrency industry, the gross margin is the preferred choice for many traders. The gross margin takes into account all costs associated with a trade, including fees, commissions, and other expenses. By considering the gross margin, traders can have a more accurate understanding of their overall profitability. However, it is worth noting that the usage of gross margin may vary among different exchanges and traders.
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• Dec 15, 2021 · 3 years ago
  In the cryptocurrency industry, the margin type commonly used for trading depends on the specific exchange and individual trader preferences. While some traders prefer the standard margin, others may opt for the gross margin. It is important for traders to understand the implications and calculations associated with each margin type before engaging in margin trading. As an example, at BYDFi, a leading cryptocurrency exchange, the standard margin is widely used by traders due to its simplicity and ease of calculation.
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