What is (#NRPL) Net Realized Profit/Loss ?
(#NURL) Net Realized Profit/Loss metric presenting the net magnitude of #profit, or loss realized by all holders spending #coins. Realized Profit/Loss is assessed relative to the price when a #coin last moved. In other words, it is the #difference between the selling price of the #investment and its #original cost basis, including any transaction #costs and taxes that were incurred in the process.
#Positive values (Above 0) indicate #profits are being realized, where price #continues to trend higher and #Negative values (below 0) indicate losses are being realized on-chain. Where price continues to trend #lower.
(#NURL) Net Realized Profit/Loss metric presenting the net magnitude of #profit, or loss realized by all holders spending #coins. Realized Profit/Loss is assessed relative to the price when a #coin last moved. In other words, it is the #difference between the selling price of the #investment and its #original cost basis, including any transaction #costs and taxes that were incurred in the process.
#Positive values (Above 0) indicate #profits are being realized, where price #continues to trend higher and #Negative values (below 0) indicate losses are being realized on-chain. Where price continues to trend #lower.
What are the Benefits of Using CEX ?
There are several benefits to using Centralized Exchanges (#CEX) in the cryptocurrency space:
1. Liquidity: #CEX platforms typically have higher #liquidity compared to decentralized exchanges. This means there is a larger #pool of buyers and sellers, making it easier to execute trades quickly and at desired prices.
2. User-friendly Interface: #CEX platforms are often designed with a #user-friendly interface, making them more accessible to newcomers in the cryptocurrency space. They provide intuitive trading features, #charts, and order books that are easy to understand and navigate.
3. Security Measures: #CEX platforms implement various security measures, such as two-factor authentication (#2FA), encryption, and #cold storage for user funds. This helps protect against hacking and theft, giving users peace of mind when storing their assets.
4. Wide Range of Cryptocurrencies: CEX platforms typically offer a wide selection of #cryptocurrencies for trading. They list popular coins as well as newly launched tokens, giving users a broader range of #investment options.
5. Fiat-to-Crypto Support: Many CEX platforms support fiat currency #deposits and withdrawals, allowing users to easily convert between #cryptocurrencies and traditional currencies like #USD, #EUR, or #GBP. This makes it convenient for users to enter or exit the crypto market using their local currency.
6. Customer Support: CEX platforms often provide customer support #services to assist users with any issues or inquiries they may have. This can include live chat, email support, or dedicated support #tickets to address user concerns promptly.
It's important to note that while CEX platforms offer advantages in terms of liquidity, user-friendliness, and security, they also require users to trust a centralized entity with their funds. Decentralized exchanges (#DEX) provide an alternative option for those who prioritize self-custody and control over their assets.
There are several benefits to using Centralized Exchanges (#CEX) in the cryptocurrency space:
1. Liquidity: #CEX platforms typically have higher #liquidity compared to decentralized exchanges. This means there is a larger #pool of buyers and sellers, making it easier to execute trades quickly and at desired prices.
2. User-friendly Interface: #CEX platforms are often designed with a #user-friendly interface, making them more accessible to newcomers in the cryptocurrency space. They provide intuitive trading features, #charts, and order books that are easy to understand and navigate.
3. Security Measures: #CEX platforms implement various security measures, such as two-factor authentication (#2FA), encryption, and #cold storage for user funds. This helps protect against hacking and theft, giving users peace of mind when storing their assets.
4. Wide Range of Cryptocurrencies: CEX platforms typically offer a wide selection of #cryptocurrencies for trading. They list popular coins as well as newly launched tokens, giving users a broader range of #investment options.
5. Fiat-to-Crypto Support: Many CEX platforms support fiat currency #deposits and withdrawals, allowing users to easily convert between #cryptocurrencies and traditional currencies like #USD, #EUR, or #GBP. This makes it convenient for users to enter or exit the crypto market using their local currency.
6. Customer Support: CEX platforms often provide customer support #services to assist users with any issues or inquiries they may have. This can include live chat, email support, or dedicated support #tickets to address user concerns promptly.
It's important to note that while CEX platforms offer advantages in terms of liquidity, user-friendliness, and security, they also require users to trust a centralized entity with their funds. Decentralized exchanges (#DEX) provide an alternative option for those who prioritize self-custody and control over their assets.