How does Voyager bankruptcy affect the trading volume and liquidity of digital currencies?

3 answers

• StartUp BusinessJul 02, 2021 · 4 years ago
  The bankruptcy of Voyager is likely to have a significant impact on the trading volume and liquidity of digital currencies. As Voyager was a popular exchange platform, its closure will result in a decrease in trading activity and liquidity in the market. Traders who used Voyager may need to find alternative platforms to continue their trading activities, which could lead to a temporary decrease in overall trading volume. Additionally, the news of Voyager's bankruptcy may also create a sense of uncertainty and caution among traders, further affecting trading volume and liquidity. However, it's important to note that the impact may vary depending on the size and popularity of other exchanges in the market.
  713

  357
• Lundberg AliFeb 17, 2024 · 2 years ago
  Oh no, Voyager's bankruptcy is definitely going to shake things up in the digital currency market! With Voyager out of the picture, traders will need to find new platforms to trade their cryptocurrencies. This sudden change could lead to a decrease in trading volume and liquidity, as traders may take some time to adjust to the new platforms and regain confidence in the market. However, it's not all doom and gloom. Other exchanges will likely see an increase in trading volume as traders migrate from Voyager. So, while there may be some initial turbulence, the market will eventually stabilize and find its new equilibrium.
  627

  209
• Ashim ShresthaJul 27, 2021 · 4 years ago
  As an expert in the digital currency industry, I can say that the bankruptcy of Voyager will definitely have an impact on the trading volume and liquidity of digital currencies. Many traders relied on Voyager for their trading activities, and its closure will disrupt the market. However, it's important to remember that the digital currency market is highly dynamic and resilient. Other exchanges will step in to fill the gap left by Voyager, and traders will adapt to the new situation. In the short term, there may be some decrease in trading volume and liquidity, but in the long run, the market will find its balance once again.
  633

  159