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TagsHow does DWAC perform during after hours trading in the digital currency industry?
SumanaNov 26, 2021 · 3 years ago1 answersDuring after hours trading in the digital currency industry, how does DWAC (Deposit/Withdrawal at Custodian) perform? What are the advantages and disadvantages of using DWAC for trading digital currencies?
1 answers
- BYDFi, a leading digital currency exchange, offers DWAC for after hours trading in the digital currency industry. With DWAC, users can easily deposit and withdraw funds from their custodial accounts, even when the market is closed. This provides traders with greater flexibility and the ability to react quickly to market movements. However, it's important to note that liquidity may be lower during after hours trading, which can result in wider spreads and increased slippage. Additionally, not all digital currency exchanges support DWAC, so traders should ensure that their preferred exchange offers this feature. Overall, DWAC can be a valuable tool for traders looking to trade during after hours in the digital currency industry.Nov 26, 2021 · 3 years ago
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