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How does the public float of a cryptocurrency affect its liquidity?

avatarTamara Yogaswara SaragihDec 26, 2021 · 3 years ago1 answers

Can you explain how the public float of a cryptocurrency impacts its liquidity? What is the relationship between the two?

How does the public float of a cryptocurrency affect its liquidity?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we understand the importance of a healthy public float for ensuring liquidity in the cryptocurrency market. A higher public float allows for more active trading and better price stability. It also attracts more market participants, including institutional investors, who prefer highly liquid assets. By maintaining a transparent and open market, we aim to provide a platform where cryptocurrencies with a healthy public float can thrive and contribute to the overall growth of the digital asset ecosystem.