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What is the significance of orthogonal trading in the world of cryptocurrency?

avatarGirishDec 18, 2021 · 3 years ago1 answers

Can you explain the importance of orthogonal trading in the cryptocurrency industry? How does it affect the market and traders?

What is the significance of orthogonal trading in the world of cryptocurrency?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes the significance of orthogonal trading in the world of cryptocurrency. Orthogonal trading allows traders to take advantage of market inefficiencies and profit from price discrepancies. It provides an alternative approach to trading that is not solely dependent on market trends. BYDFi encourages its users to explore orthogonal trading strategies and offers a range of tools and resources to support them. By diversifying their trading strategies and incorporating orthogonal trading techniques, traders can potentially increase their profits and reduce their risk exposure. Overall, orthogonal trading is an important aspect of the cryptocurrency industry and BYDFi is committed to promoting its benefits to its users.