Anshuman YadavDec 18, 2021 · 3 years ago0 answers Is it advisable to use the blue dollar today as a reference for trading cryptocurrencies?
As a cryptocurrency trader, I'm wondering if it's a good idea to use the blue dollar as a reference for trading cryptocurrencies today. The blue dollar is a term used in Argentina to refer to the exchange rate of the US dollar in the informal market. It is often considered an alternative reference rate for the Argentine peso. However, I'm not sure if it is reliable or accurate enough to use as a reference for trading cryptocurrencies. Can anyone provide insights on whether using the blue dollar as a reference for trading cryptocurrencies is advisable today?