What is the difference between free float market cap and free float on Webull?

5 answers

• Conway MathewsOct 31, 2023 · 2 years ago
  Free float market cap and free float on Webull are two different concepts that are relevant to the valuation and trading of cryptocurrencies. Free float market cap refers to the market capitalization of a cryptocurrency that is calculated based on the total number of coins or tokens in circulation, excluding those that are held by the project team, founders, or locked in smart contracts. It represents the value of the freely tradable coins or tokens in the market. On the other hand, free float on Webull specifically refers to the availability of a cryptocurrency for trading on the Webull platform. It indicates whether a cryptocurrency is listed and actively traded on Webull. While free float market cap provides an insight into the overall value and liquidity of a cryptocurrency, free float on Webull determines whether a cryptocurrency can be bought or sold on the Webull exchange.
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• Joey FernandezMay 21, 2024 · a year ago
  Alright, let me break it down for you. Free float market cap is like the total value of all the coins or tokens that are available for trading in the cryptocurrency market. It's calculated by taking the total supply of a cryptocurrency and subtracting the coins or tokens that are not available for trading, like the ones held by the project team or locked in smart contracts. This gives you an idea of how much the freely tradable coins or tokens are worth. On the other hand, free float on Webull is all about whether you can actually trade a specific cryptocurrency on the Webull platform. It's like asking if you can buy or sell that cryptocurrency on Webull. So, while free float market cap tells you about the overall value and liquidity of a cryptocurrency, free float on Webull tells you if you can get your hands on it through Webull.
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• Burks EllisDec 19, 2022 · 3 years ago
  When it comes to the difference between free float market cap and free float on Webull, it's important to understand their respective meanings in the cryptocurrency world. Free float market cap refers to the market capitalization of a cryptocurrency, which is calculated by multiplying the current price of a coin or token by the total number of coins or tokens in circulation. It represents the total value of the freely tradable coins or tokens in the market. On the other hand, free float on Webull specifically refers to the availability of a cryptocurrency for trading on the Webull platform. It indicates whether a cryptocurrency is listed and actively traded on Webull. So, while free float market cap gives you an idea of the overall value and liquidity of a cryptocurrency, free float on Webull tells you if you can trade that cryptocurrency on Webull. It's important to consider both factors when evaluating the investment potential of a cryptocurrency.
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• AlmoDec 22, 2024 · 8 months ago
  As an expert in the cryptocurrency market, I can tell you that free float market cap and free float on Webull are two important factors to consider when it comes to trading cryptocurrencies. Free float market cap refers to the market capitalization of a cryptocurrency, which is calculated by multiplying the current price of a coin or token by the total number of coins or tokens in circulation. It gives you an idea of the overall value and liquidity of a cryptocurrency. On the other hand, free float on Webull specifically refers to the availability of a cryptocurrency for trading on the Webull platform. It tells you if a cryptocurrency is listed and actively traded on Webull. Both factors are important to consider when making investment decisions in the cryptocurrency market.
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• McKay WinklerMar 07, 2023 · 2 years ago
  BYDFi, a leading cryptocurrency exchange, provides a comprehensive platform for trading various cryptocurrencies. When it comes to the difference between free float market cap and free float on Webull, it's important to understand their roles in the cryptocurrency market. Free float market cap refers to the market capitalization of a cryptocurrency, which represents the total value of the freely tradable coins or tokens in circulation. On the other hand, free float on Webull specifically refers to the availability of a cryptocurrency for trading on the Webull platform. It indicates whether a cryptocurrency is listed and actively traded on Webull. Both factors are important to consider when evaluating the investment potential of a cryptocurrency. As a user of BYDFi, you can benefit from the wide range of cryptocurrencies available for trading on the platform, including those with high free float market cap and active trading on Webull.
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