What is the meaning of al contado in the context of cryptocurrency?

3 answers

• Alejandro Montoya VelillaJul 24, 2021 · 4 years ago
  Al contado is a term used in the cryptocurrency world to refer to transactions that are settled immediately, usually involving the exchange of digital assets for fiat currency. It is often used to describe spot trading, where buyers and sellers trade cryptocurrencies at the current market price. This is in contrast to futures trading, where transactions are settled at a later date. Al contado transactions provide immediate liquidity and allow traders to take advantage of market opportunities without delay.
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• Lalith KrishnaJul 29, 2023 · 2 years ago
  Al contado is a Spanish term that translates to 'cash' or 'spot' in English. In the context of cryptocurrency, it refers to transactions that are settled in real-time, without any delay or future settlement date. It is commonly used in the trading of digital assets, where buyers and sellers exchange cryptocurrencies for fiat currency or other cryptocurrencies at the current market price. Al contado transactions are popular among traders who prefer immediate settlement and liquidity.
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• abel jobireOct 08, 2023 · 2 years ago
  When it comes to cryptocurrency, al contado refers to spot trading, where transactions are settled immediately. It is the opposite of derivatives trading, where contracts are settled at a later date. In al contado transactions, buyers and sellers exchange cryptocurrencies for fiat currency or other digital assets at the current market price. This type of trading provides instant liquidity and allows traders to take advantage of market conditions without waiting for future settlement dates. At BYDFi, we offer al contado trading options to provide our users with fast and efficient trading experiences.
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