Luxembourg-based crypto institution and trading platform Forex Suggest announced Wednesday the roll out of a cryptocurrency calculator for clients to evaluate trading costs on cryptocurrencies.
The crypto market has experienced serval waves of volatile headwinds this year, from Russia's invasion of Ukraine and Luna's collapse to a liquidity crisis among crypto lender platforms, all showing a choppy trading environment in the crypto market.
To have a better calculation and evaluation of the trading cost in the crypto space, Forex Suggest believes a crypto calculator would be a great tool for investors to study "how much the crypto you used for purchases could be worth if you held onto it" in terms of the recorded value of cryptocurrencies, according to the calculating platform.
According to a test by Blockchain.News as an example, if an investor bought 1 unit of Ethereum (ETH) on Apr 8, 2021, the calculator showed the value of ETH on that date was around $2000, losing around $400...
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