common-close-0
BYDFi
Trade wherever you are!

What are the implications of ex-works for cryptocurrency investors?

avatarIlyaMaKeRDec 26, 2021 · 3 years ago1 answers

Can you explain the implications of ex-works for cryptocurrency investors in detail?

What are the implications of ex-works for cryptocurrency investors?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that ex-works can be a beneficial option for experienced cryptocurrency investors who are confident in their ability to manage their own assets and transactions. It allows for greater control and flexibility, and can potentially reduce costs associated with intermediaries. However, it is important to note that ex-works is not suitable for everyone. Less experienced investors or those who prefer a more hands-off approach may find it more convenient to use exchanges that offer additional services and support. It ultimately comes down to individual preferences and risk tolerance. As always, it is important to do thorough research and consider all factors before making investment decisions in the cryptocurrency market.