What does the term 'day ext' refer to in the world of digital currencies?

3 answers

• Dec 17, 2021 · 3 years ago
  The term 'day ext' refers to 'day extension' in the world of digital currencies. It is a feature that allows traders to extend the duration of their open positions beyond the standard trading day. This feature is particularly useful for traders who want to hold their positions overnight or for a longer period of time. By using day ext, traders can avoid the need to close their positions at the end of the trading day and reopen them the next day, which can save time and reduce transaction costs.
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• Dec 17, 2021 · 3 years ago
  Day ext is short for 'day extension' and it is a feature that allows traders to keep their positions open beyond the regular trading hours. This is especially important in the cryptocurrency market, which operates 24/7. With day ext, traders can hold their positions overnight or even for several days without the need to close and reopen them. It provides flexibility and convenience for traders who want to take advantage of market movements outside of regular trading hours.
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• Dec 17, 2021 · 3 years ago
  In the world of digital currencies, day ext refers to the day extension feature that allows traders to keep their positions open beyond the standard trading day. This feature is available on various cryptocurrency exchanges, including BYDFi. With day ext, traders can hold their positions overnight or for a longer period of time, without the need to close and reopen them. It provides flexibility and convenience for traders who want to take advantage of market opportunities outside of regular trading hours. Please note that day ext may have certain limitations and fees associated with it, so it's important to check the specific terms and conditions on your chosen exchange.
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