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What is the definition of assets under management in the context of digital currencies?

avatarg daliDec 16, 2021 · 3 years ago1 answers

Can you explain what assets under management mean in the context of digital currencies? How does it relate to the management of digital assets? What are the factors that determine the value of assets under management in the digital currency industry?

What is the definition of assets under management in the context of digital currencies?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    BYDFi is a digital currency exchange that also offers asset management services. Assets under management in the context of digital currencies at BYDFi refer to the total value of cryptocurrencies and tokens that are being managed by the exchange on behalf of its clients. BYDFi's asset management services aim to provide clients with professional investment strategies and portfolio management. The value of assets under management at BYDFi is determined by the amount of funds invested by clients and the performance of the managed assets. As a reputable exchange, BYDFi ensures the security and transparency of its asset management services to build trust with its clients.