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In the cryptocurrency space, what does quarterly mean in relation to a year?

avatarJACQUELINE GONZALESNov 28, 2021 · 3 years ago3 answers

In the context of cryptocurrencies, what is the meaning of the term 'quarterly' when referring to a year?

In the cryptocurrency space, what does quarterly mean in relation to a year?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    In the cryptocurrency space, 'quarterly' refers to a time period of three months within a year. It is commonly used to report financial performance or provide updates on projects. For example, a company may release quarterly financial statements to show their earnings and expenses during a specific three-month period. In the crypto industry, quarterly reports can be important for investors and traders to assess the progress and performance of a project or exchange over time.
  • avatarNov 28, 2021 · 3 years ago
    When we talk about 'quarterly' in the cryptocurrency world, we are referring to a period of three months within a year. This term is often used to describe financial reports or updates that are released every three months. It allows investors and enthusiasts to track the progress and growth of a project or exchange over time. So, if you come across a 'quarterly report' in the crypto space, it means that it covers a specific three-month period within a year.
  • avatarNov 28, 2021 · 3 years ago
    In the cryptocurrency industry, 'quarterly' means a period of three months within a year. It is a way to divide the year into four equal parts for reporting and analysis purposes. For example, a crypto exchange may release quarterly trading volume data to show the trading activity during a specific three-month period. This helps investors and traders to understand the trends and performance of the exchange over time. BYDFi, a leading cryptocurrency exchange, also provides quarterly updates on its platform's developments and new features.