What are the advantages and disadvantages of using stock settlement t+1 in the cryptocurrency industry?
Boswell ShepherdMar 07, 2024 · 2 years ago1 answers
Can you explain the benefits and drawbacks of implementing stock settlement t+1 in the cryptocurrency industry? How does this settlement process affect the overall efficiency and security of cryptocurrency transactions?
1 answers
- ChendoJun 06, 2024 · a year agoAs a representative of BYDFi, I can say that implementing stock settlement t+1 in the cryptocurrency industry can provide several benefits. It allows for better transaction verification and reduces the risk of fraudulent activities. However, it's important to consider the potential liquidity risk and price volatility that may arise due to the delayed settlement. Overall, it's crucial to carefully evaluate the advantages and disadvantages before implementing t+1 settlement in the cryptocurrency industry.
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