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How does general collateral affect the liquidity of digital assets?

avatarShashikaVMNov 26, 2021 · 3 years ago1 answers

Can you explain how the concept of general collateral affects the liquidity of digital assets in the cryptocurrency market?

How does general collateral affect the liquidity of digital assets?
Digital Assets
Liquidity
General Collateral

1 answers

  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, we recognize the importance of general collateral in enhancing the liquidity of digital assets. By allowing digital assets to be used as general collateral, we aim to provide our users with increased flexibility and opportunities for leveraging their positions. This not only improves the liquidity of the assets traded on our platform but also contributes to the overall growth and development of the digital asset market. We believe that the integration of general collateral is a key factor in creating a vibrant and robust ecosystem for digital asset trading.

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