common-close-0
BYDFi
Trade wherever you are!

What is the definition of kiwi in the context of cryptocurrency?

avatardukkesDec 28, 2021 · 3 years ago3 answers

In the context of cryptocurrency, what does the term 'kiwi' refer to?

What is the definition of kiwi in the context of cryptocurrency?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    In the context of cryptocurrency, the term 'kiwi' refers to a small-cap altcoin that has a low market capitalization and trading volume. These coins are often considered to be more speculative and risky compared to larger, more established cryptocurrencies. Investors may be attracted to kiwi coins due to their potential for high returns, but they should also be aware of the increased volatility and potential for scams in this space.
  • avatarDec 28, 2021 · 3 years ago
    Kiwi in the context of cryptocurrency is a slang term used to describe a new or unknown cryptocurrency that has recently been launched. These kiwi coins often have limited liquidity and are not widely known or traded. Investors who are interested in kiwi coins should conduct thorough research and exercise caution, as they can be highly volatile and carry a higher risk compared to more established cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a digital currency exchange, defines kiwi in the context of cryptocurrency as a small-cap altcoin with a low market capitalization. These coins are often seen as high-risk investments due to their limited liquidity and potential for price manipulation. Investors who are considering investing in kiwi coins should carefully evaluate the project's fundamentals, team, and market conditions before making any decisions.