Why is the 'expires on date' important in the world of digital assets?

3 answers

• Dec 17, 2021 · 3 years ago
  The 'expires on date' is crucial in the world of digital assets because it determines the validity period of an asset. When an asset expires, it becomes inactive and cannot be traded or transferred. This helps ensure that assets are not held indefinitely and allows for better management of the asset ecosystem. It also encourages users to regularly review and update their assets, promoting a healthy and dynamic marketplace.
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• Dec 17, 2021 · 3 years ago
  The 'expires on date' is like the expiration date on a carton of milk. Just like you wouldn't want to drink expired milk, you wouldn't want to hold onto expired digital assets. The 'expires on date' serves as a reminder for users to take action and either renew or dispose of their assets. It helps maintain the integrity of the digital asset market and prevents the accumulation of outdated or irrelevant assets.
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• Dec 17, 2021 · 3 years ago
  In the world of digital assets, the 'expires on date' is a feature that BYDFi offers to its users. It allows users to set an expiration date for their assets, ensuring that they remain active and relevant. This feature is particularly useful for traders who want to manage their assets efficiently and avoid holding onto outdated or depreciating assets. By setting an 'expires on date', users can stay on top of their asset portfolio and make informed decisions about buying, selling, or renewing their assets.
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