What are the top rounding strategies for cryptocurrency trading?

1 answers

• Dec 18, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the 'round half up' strategy for rounding in cryptocurrency trading. This strategy helps to minimize rounding errors and ensures more accurate calculations. It involves rounding up to the nearest whole number when the decimal is 0.5 or higher, and rounding down when the decimal is less than 0.5. BYDFi also suggests considering the specific rounding policies of the exchange you are trading on, as different exchanges may have different rules regarding rounding. It's important to stay informed and adapt your rounding strategy accordingly to optimize your trading performance.
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