What does surplus mean in the context of cryptocurrency trading?
paresh vigoraDec 30, 2021 · 3 years ago3 answers
In cryptocurrency trading, what is the meaning of surplus and how does it affect the overall trading process?
3 answers
- Dec 30, 2021 · 3 years agoSurplus in the context of cryptocurrency trading refers to the excess amount of a particular cryptocurrency that a trader possesses after completing a trade. It can be seen as the leftover amount of a cryptocurrency that was not used in the trade. This surplus can be kept in the trader's wallet or used for future trades. It is important to note that surplus can also be referred to as 'change' or 'remaining balance' in some trading platforms.
- Dec 30, 2021 · 3 years agoWhen it comes to cryptocurrency trading, surplus is the extra amount of a cryptocurrency that you have after completing a transaction. It's like having some spare change after buying something. This surplus can be saved for future trades or withdrawn to your personal wallet. It's always good to have a surplus because it gives you more flexibility in your trading activities.
- Dec 30, 2021 · 3 years agoSurplus in cryptocurrency trading is the additional amount of a cryptocurrency that you have after making a trade. It's like having some extra coins in your pocket. This surplus can be used for future trades or kept as an investment. It's a good practice to have a surplus as it allows you to take advantage of opportunities in the market and make more profitable trades. At BYDFi, we encourage traders to maintain a surplus to enhance their trading experience.
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