How is GGR calculated in the world of digital currencies?

3 answers

• Nov 27, 2021 · 3 years ago
  GGR in the world of digital currencies is calculated by summing up the total revenue generated from various activities such as trading fees, transaction volume, and other revenue streams. This calculation method is similar to how GGR is calculated in traditional financial industries, but with some unique factors specific to the digital currency market taken into account. For example, the fluctuating value of cryptocurrencies and the volatility of the market can impact the GGR calculation. Overall, GGR provides insights into the financial performance and revenue generation of digital currency platforms.
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• Nov 27, 2021 · 3 years ago
  Calculating GGR in the digital currency industry is a bit like trying to catch a unicorn. It involves a mix of magic and complex algorithms. Just kidding! In reality, GGR in digital currencies is calculated by considering the total revenue generated from trading activities, such as transaction fees and trading volume. It's important to note that GGR in the digital currency industry may differ from traditional financial calculations due to the unique nature of cryptocurrencies and the decentralized nature of the market. So, buckle up and get ready for some number crunching!
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• Nov 27, 2021 · 3 years ago
  GGR, or Gross Gaming Revenue, in the world of digital currencies is calculated by taking into account the total revenue generated from trading activities on various platforms. This includes transaction fees, trading volume, and other sources of revenue. Different digital currency exchanges may have slightly different methods of calculating GGR, but the overall principle remains the same. At BYDFi, for example, GGR is calculated by summing up the revenue generated from trading fees and other revenue streams. It's an important metric that helps assess the financial performance of digital currency platforms.
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