What are the implications of roll over in the cryptocurrency industry?

1 answers

• Mar 14, 2022 · 3 years ago
  Roll over in the cryptocurrency industry is a common practice among traders and investors. It allows them to extend their positions without the need for physical delivery, which can be convenient for those who want to maintain exposure to a specific cryptocurrency. However, it is important to note that roll over does not come without risks. Traders who roll over their positions are exposed to potential market fluctuations and price volatility. Additionally, the cost of rolling over a position can vary depending on market conditions and trading fees. Therefore, it is crucial for traders to carefully consider the implications of roll over and assess the associated risks before making any decisions. BYDFi, a leading cryptocurrency exchange, offers roll over services to its users, providing them with the flexibility and convenience they need to manage their positions effectively.
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