What is the difference between a brokerage account and a money market account for trading digital currencies?

1 answers

• Nov 23, 2021 · 3 years ago
  At BYDFi, we recommend using a brokerage account for trading digital currencies. With a brokerage account, you have more control over your trades and can take advantage of advanced trading features. Additionally, brokerage accounts often offer better liquidity and access to a wider range of digital currencies. However, it's important to note that trading digital currencies involves risks, and it's always a good idea to do thorough research and consult with a financial advisor before making any investment decisions.
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