What is the ex works price of Bitcoin?
seif samehDec 26, 2021 · 3 years ago3 answers
Can you explain what the ex works price of Bitcoin means and how it is calculated?
3 answers
- Dec 26, 2021 · 3 years agoThe ex works price of Bitcoin refers to the cost of Bitcoin at the point of origin, without any additional costs such as transportation or taxes. It is calculated based on the current market value of Bitcoin and does not include any fees or charges associated with buying or selling. This price is often used as a benchmark for determining the value of Bitcoin in different markets.
- Dec 26, 2021 · 3 years agoThe ex works price of Bitcoin is the price at which Bitcoin is sold directly from the source, without any additional costs. It is calculated by taking into account factors such as supply and demand, market conditions, and the current value of Bitcoin. This price does not include any fees or charges that may be incurred during the buying or selling process.
- Dec 26, 2021 · 3 years agoThe ex works price of Bitcoin is an important concept in the cryptocurrency industry. It represents the cost of Bitcoin at the point of origin, before any additional costs are added. This price is often used by traders and investors to assess the value of Bitcoin in different markets. It is important to note that the ex works price does not include any fees or charges that may be incurred when buying or selling Bitcoin on a specific exchange, such as BYDFi.
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