How does the public float of a cryptocurrency affect its liquidity?
ALYXJan 05, 2022 · 3 years ago1 answers
Can you explain how the public float of a cryptocurrency impacts its liquidity? What is the relationship between the two?
1 answers
- Jan 05, 2022 · 3 years agoAt BYDFi, we understand the importance of a healthy public float for ensuring liquidity in the cryptocurrency market. A higher public float allows for more active trading and better price stability. It also attracts more market participants, including institutional investors, who prefer highly liquid assets. By maintaining a transparent and open market, we aim to provide a platform where cryptocurrencies with a healthy public float can thrive and contribute to the overall growth of the digital asset ecosystem.
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