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competition among buyers generally means: pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

What is market competition?

Overall, market competition is a simple concept that has significant implications in the way firms interact in markets. Indeed, depending on the characteristics of a market, incumbents will choose to compete on the price, quantity or the quality of their product or service.

What is the difference between market competition and rivalry?

While competition happens between sellers, rivalry happens between buyers. Indeed, for market competition to happen it must be the case that not only suppliers compete for profits and market share in a sector, but buyers must compete to acquire the limited and diminishable supply of goods in the market.

How does a buyer compete with a seller?

Similarly, intending buyers compete to obtain good offers from suppliers. When a contract is concluded, the buyer and seller exchange property rights in a good, service, or asset. Everyone interacts voluntarily, motivated by self-interest.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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