What does ex works mean for cryptocurrency transactions?

7 answers

• Petersson KonradsenMay 08, 2021 · 4 years ago
  Ex works is a term commonly used in the cryptocurrency industry to describe a type of transaction where the buyer takes full responsibility for the transportation and delivery of the cryptocurrency. In this case, the seller only needs to make the cryptocurrency available for pickup at their location. The buyer is responsible for arranging the transportation, insurance, and any associated costs. Ex works transactions are often used when the buyer wants to have full control over the logistics and wants to minimize the involvement of the seller.
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• CJ NivinskiJan 17, 2022 · 4 years ago
  Ex works in cryptocurrency transactions means that the seller is only responsible for making the cryptocurrency available for pickup at their location. The buyer is responsible for all transportation and delivery arrangements. This term is commonly used to define the point at which the seller's obligations end and the buyer's responsibilities begin. It's important for buyers to understand the implications of ex works transactions, as they will need to handle all logistics and associated costs.
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• Ahmed MamdouhMay 23, 2021 · 4 years ago
  Ex works is a term commonly used in various industries, including the cryptocurrency market. It refers to a type of transaction where the seller's responsibility ends once the cryptocurrency is made available for pickup at their location. The buyer then assumes all responsibility for transportation, insurance, and delivery. Ex works transactions can be advantageous for buyers who want more control over the logistics and want to minimize costs. However, it's important for buyers to carefully consider the risks and responsibilities associated with ex works transactions.
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• Shubham PrasadAug 22, 2020 · 5 years ago
  In the context of cryptocurrency transactions, ex works means that the seller is only responsible for making the cryptocurrency available for pickup at their location. The buyer is responsible for arranging transportation and delivery. This term is commonly used to define the point at which the seller's obligations end and the buyer's responsibilities begin. Ex works transactions can be beneficial for buyers who want more control over the logistics and want to minimize costs. However, it's important for buyers to carefully plan and consider the potential risks and challenges of handling the transportation and delivery themselves.
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• g gJul 03, 2022 · 3 years ago
  Ex works is a term used in the cryptocurrency industry to describe a transaction where the seller's responsibility ends once the cryptocurrency is made available for pickup at their location. The buyer then assumes all responsibility for transportation and delivery. Ex works transactions can be advantageous for buyers who want more control over the logistics and want to minimize costs. However, it's important for buyers to carefully consider the risks and challenges of handling the transportation and delivery themselves. It's always recommended to thoroughly research and understand the terms and conditions of any transaction before proceeding.
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• Aashutosh PandeyFeb 03, 2025 · 6 months ago
  Ex works is a term commonly used in the cryptocurrency industry to describe a transaction where the seller's responsibility ends once the cryptocurrency is made available for pickup at their location. The buyer then assumes all responsibility for transportation and delivery. Ex works transactions can be advantageous for buyers who want more control over the logistics and want to minimize costs. However, it's important for buyers to carefully consider the risks and responsibilities associated with ex works transactions. It's always a good idea to consult with a professional or seek advice from experienced traders before engaging in such transactions.
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• Topp SmtpDec 12, 2021 · 4 years ago
  Ex works is a term commonly used in the cryptocurrency industry to describe a transaction where the seller's responsibility ends once the cryptocurrency is made available for pickup at their location. The buyer then assumes all responsibility for transportation and delivery. Ex works transactions can be advantageous for buyers who want more control over the logistics and want to minimize costs. However, it's important to note that ex works transactions may not be suitable for all buyers, especially those who are not experienced in handling logistics and transportation. It's always recommended to thoroughly research and understand the terms and conditions before entering into any transaction.
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