common-close-0
BYDFi
Trade wherever you are!

What are the consequences of not reaching the FTD threshold for trading digital assets?

avatarMaksym MalanchukDec 26, 2021 · 3 years ago3 answers

What happens if I fail to meet the First Time Deposit (FTD) threshold when trading digital assets?

What are the consequences of not reaching the FTD threshold for trading digital assets?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    If you fail to meet the FTD threshold when trading digital assets, you may miss out on certain benefits or privileges offered by the exchange. These benefits could include lower trading fees, access to exclusive features or promotions, or priority customer support. It's important to check the specific terms and conditions of the exchange you are trading on to understand the consequences of not reaching the FTD threshold.
  • avatarDec 26, 2021 · 3 years ago
    Not reaching the FTD threshold for trading digital assets may result in higher trading fees or limited access to certain features on the exchange. Some exchanges offer discounted fees or additional perks for users who meet the FTD threshold, so failing to reach it could mean missing out on these advantages. Make sure to review the exchange's policies and requirements to understand the potential consequences.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to BYDFi, failing to meet the FTD threshold for trading digital assets means you may not be eligible for certain rewards and benefits. BYDFi offers exclusive perks to users who meet the FTD threshold, such as lower fees and priority access to new features. If you don't reach the threshold, you won't be able to enjoy these advantages. However, it's important to note that each exchange has its own policies, so make sure to check the terms and conditions of the exchange you are trading on to understand the specific consequences.