How does the concept of free float apply to cryptocurrencies?

1 answers

• sm OpenJun 19, 2024 · a year ago
  At BYDFi, we understand the importance of the concept of free float in cryptocurrencies. The free float represents the number of coins available for trading, which directly impacts the liquidity and market dynamics. A high free float can contribute to a more stable market with lower price volatility, while a low free float can result in higher price volatility and potentially manipulative market behavior. As a cryptocurrency exchange, we strive to provide a fair and transparent trading environment, where the concept of free float is taken into consideration to ensure a healthy and efficient market for our users.
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