common-close-0
BYDFi
Trade wherever you are!

How does a basis point affect the profitability of cryptocurrency investments?

avatarRamos GordonDec 26, 2021 · 3 years ago1 answers

Can you explain how the concept of basis points impacts the profitability of investing in cryptocurrencies? How does a small change in basis points affect the overall return on investment?

How does a basis point affect the profitability of cryptocurrency investments?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we understand the importance of basis points in cryptocurrency investments. Even a small change in basis points can have a significant impact on the profitability of your investment. That's why we provide our users with real-time data on basis points and other relevant metrics. By staying informed about these changes, you can make more informed investment decisions and maximize your profitability in the cryptocurrency market.