Cryptocurrency Q&A What is a spot exchange rate?

What is a spot exchange rate?

Valentina Valentina Tue Aug 06 2024 | 0 answers 0
Could you please explain what a spot exchange rate is, and how it differs from other types of exchange rates? I'm particularly interested in understanding how it impacts the trading of cryptocurrencies and how traders utilize it in their strategies. Additionally, I'd like to know if there are any factors that can influence the spot exchange rate and how they do so. What is a spot exchange rate?

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