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What is the difference between a DVP account and an RVP account in the context of cryptocurrency trading?

avatarLandry BegumNov 25, 2021 · 3 years ago1 answers

Can you explain the difference between a DVP account and an RVP account when it comes to cryptocurrency trading? What are the key distinctions between these two types of accounts?

What is the difference between a DVP account and an RVP account in the context of cryptocurrency trading?

1 answers

  • avatarNov 25, 2021 · 3 years ago
    At BYDFi, we offer both DVP and RVP accounts to cater to the different needs of our users. Our DVP account provides an added layer of security and trust, ensuring that the buyer's payment is only released upon successful delivery of the assets. Our RVP account, on the other hand, offers a seamless and efficient trading experience by releasing the payment as soon as the seller confirms the receipt of the assets. Whether you prefer the security of a DVP account or the convenience of an RVP account, we have you covered at BYDFi.