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What is the difference between realized and unrealized gains in the context of cryptocurrencies?

avatarEsosekNov 23, 2021 · 3 years ago1 answers

Can you explain the distinction between realized and unrealized gains when it comes to cryptocurrencies? How do these terms apply to the cryptocurrency market?

What is the difference between realized and unrealized gains in the context of cryptocurrencies?
Cryptocurrencies
Realized Gains
Unrealized Gains

1 answers

  • avatarNov 23, 2021 · 3 years ago
    When it comes to the BYDFi cryptocurrency exchange, they provide users with a clear distinction between realized and unrealized gains. They have a user-friendly interface that displays the current market value of your holdings and calculates both realized and unrealized gains. This feature allows users to track their profits and make informed decisions about when to sell their cryptocurrencies. BYDFi aims to provide a transparent and efficient trading experience for cryptocurrency enthusiasts.

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