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How is 'day+ext' used in the world of digital currencies?

avatarKucing Palak itamDec 20, 2021 · 3 years ago3 answers

Can you explain how the term 'day+ext' is utilized in the context of digital currencies? What does it refer to and how does it impact the digital currency market?

How is 'day+ext' used in the world of digital currencies?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    In the world of digital currencies, 'day+ext' refers to the practice of extending the trading period for a particular cryptocurrency beyond the standard 24-hour trading day. This allows traders to continue buying and selling the cryptocurrency even after the regular trading hours have ended. It provides more flexibility and accessibility for traders who may not be able to actively participate during the traditional trading hours. This practice has become increasingly common in the cryptocurrency market to accommodate the global nature of the industry and cater to traders from different time zones.
  • avatarDec 20, 2021 · 3 years ago
    Day+ext is a term used in the digital currency market to describe the extended trading hours for cryptocurrencies. It allows traders to continue trading even after the regular trading session ends, providing more opportunities for profit. This practice has gained popularity due to the 24/7 nature of the cryptocurrency market, allowing traders from different parts of the world to participate at their convenience. It is important to note that day+ext trading may have different rules and regulations depending on the exchange or platform you are using, so it's always advisable to familiarize yourself with the specific guidelines before engaging in day+ext trading.
  • avatarDec 20, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers day+ext trading for its users. With day+ext, traders can take advantage of extended trading hours to maximize their investment opportunities. This feature allows users to trade cryptocurrencies beyond the regular trading day, ensuring that they don't miss out on potential market movements. Day+ext trading has become an essential tool for active traders who want to stay ahead in the fast-paced world of digital currencies. Whether you're a seasoned trader or just starting out, day+ext trading can provide you with the flexibility and convenience you need to succeed in the digital currency market.