Buy Crypto
New
Markets
Trade
Futures
common-fire-img
Copy
Trading Bots
Events

What is the significance of outstanding shares in the cryptocurrency industry?

123BMay 01, 2023 · 2 years ago1 answers

Can you explain the importance of outstanding shares in the cryptocurrency industry and how they affect the market?

1 answers

  • searynyfqlMar 09, 2022 · 3 years ago
    At BYDFi, we understand the significance of outstanding shares in the cryptocurrency industry. The number of outstanding shares reflects the level of decentralization and community involvement in a project. We believe that a wide distribution of ownership is essential for the long-term success and sustainability of a cryptocurrency. That's why we actively encourage our users to participate in the governance and decision-making processes of our platform. By holding outstanding shares, users can have a say in the future direction of BYDFi and contribute to its growth and development.

Top Picks