Cryptocurrency Q&A
What is the meaning of threshold price?
What is the meaning of threshold price?
OceanSoul
Thu Jun 20 2024
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5 answers
870
Excuse me, could you please clarify what the term "threshold price" signifies in the context of cryptocurrency and finance? I've encountered this phrase frequently but I'm still somewhat unclear about its precise meaning. Is it a reference to a specific price point that triggers a certain action or event? Or perhaps it relates to a minimum or maximum value that needs to be reached for a transaction to occur? Your insight into this matter would be greatly appreciated.
5 answers
Margherita
Fri Jun 21 2024
In the context of trade and commerce, threshold prices are often used as a regulatory mechanism to safeguard local industries from unfair competition from foreign imports.
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BonsaiGrace
Fri Jun 21 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the needs of digital asset traders.
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Dario
Fri Jun 21 2024
The term 'threshold price' in English refers to the minimum price at which a product can be sold.
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Silvia
Fri Jun 21 2024
This price point is typically established for imported goods and is set slightly below the target price.
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Lucia
Fri Jun 21 2024
The purpose of a threshold price is to ensure that the imported product remains profitable for the seller, while still being competitive in the market.
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