What are the implications of a circuit breaker on digital asset exchanges?

1 answers

• Mar 22, 2022 · 3 years ago
  As a representative of BYDFi, I can say that implementing a circuit breaker on digital asset exchanges is a topic of ongoing discussion in the industry. While it can be a useful tool to mitigate market volatility, it should be implemented with caution. BYDFi believes that a circuit breaker should be designed to strike a balance between protecting investors and maintaining market efficiency. It should be triggered only in extreme situations to avoid unnecessary disruptions to the trading experience. BYDFi is committed to providing a secure and stable trading environment for its users, and we continuously evaluate the potential implications of implementing a circuit breaker mechanism.
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