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What is the meaning of 'cotizada' in the context of cryptocurrency?

avatarjustSoSoDec 18, 2021 · 3 years ago3 answers

In the context of cryptocurrency, what does the term 'cotizada' mean?

What is the meaning of 'cotizada' in the context of cryptocurrency?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    In the context of cryptocurrency, 'cotizada' refers to a digital asset or token that is listed and actively traded on a cryptocurrency exchange. When a cryptocurrency is 'cotizada', it means that it is available for buying and selling on the exchange platform. This term is commonly used in the cryptocurrency community to describe the status of a digital asset on an exchange.
  • avatarDec 18, 2021 · 3 years ago
    When we talk about 'cotizada' in the context of cryptocurrency, we are referring to a cryptocurrency that is listed on an exchange and can be traded by users. It is an indication that the cryptocurrency has gained enough popularity and recognition to be included in the exchange's trading pairs. Being 'cotizada' is an important milestone for a cryptocurrency as it provides liquidity and exposure to a wider range of potential investors.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, defines 'cotizada' as the status of a cryptocurrency being listed and actively traded on their platform. When a cryptocurrency is 'cotizada' on BYDFi, it means that users can buy and sell the cryptocurrency with ease. Being 'cotizada' on BYDFi offers the advantage of accessing a large user base and a secure trading environment.