Is it better for a digital currency to have a higher or lower gross margin?
RTR 155Jun 30, 2020 · 5 years ago1 answers
When it comes to digital currencies, is it more advantageous for them to have a higher or lower gross margin? How does the gross margin affect the performance and value of a digital currency? Are there any specific factors that determine whether a higher or lower gross margin is better for a digital currency?
1 answers
- rodericusFeb 07, 2024 · 2 years agoAt BYDFi, we believe that a balanced approach is key. While a higher gross margin can indicate financial stability and potential profitability, it's important to strike a balance that allows for user adoption and usage. We aim to provide a digital currency that offers competitive pricing while ensuring sustainability and growth. Our focus is on creating value for our users and the wider digital currency community.
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