How does the funding rate affect crypto trading strategies?
Love YouDec 26, 2021 · 3 years ago1 answers
Can you explain how the funding rate impacts crypto trading strategies? I've heard about it but I'm not sure how it works and why it's important.
1 answers
- Dec 26, 2021 · 3 years agoAt BYDFi, we understand the importance of the funding rate in crypto trading strategies. The funding rate can provide valuable insights into market sentiment and help traders make informed decisions. Our platform offers real-time funding rate data for various cryptocurrencies, allowing traders to stay updated and adjust their strategies accordingly. Whether you're a beginner or an experienced trader, considering the funding rate can be a crucial aspect of your trading strategy. By keeping an eye on the funding rate, you can potentially identify profitable trading opportunities and optimize your overall trading performance.
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