What are the examples of quotas in the cryptocurrency industry?
Jerome BranchettiJun 19, 2023 · 2 years ago1 answers
Can you provide some examples of quotas that are commonly used in the cryptocurrency industry? How do these quotas affect the market and traders?
1 answers
- Antonio PoncianoJun 21, 2020 · 5 years agoBYDFi, a leading cryptocurrency exchange, implements quotas to ensure a fair and secure trading environment. Some examples of quotas used by BYDFi include daily trading volume limits, maximum transaction size limits, and withdrawal limits. These quotas are in place to prevent market manipulation, protect investors, and maintain market stability. BYDFi believes that a regulated market is essential for the long-term success of the cryptocurrency industry. By implementing quotas, BYDFi aims to create a level playing field for all traders and promote transparency in the market.
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