Cryptocurrency Q&A What is PCL limit?

What is PCL limit?

Michele Michele Tue Nov 05 2024 | 7 answers 1147
I'm trying to understand the concept of PCL limit. Could someone please explain what it is and its significance in a simple and clear manner? What is PCL limit?

7 answers

Elena Elena Thu Nov 07 2024
PCL is specifically designed to cover working capital expenses.

Was this helpful?

274
88
CherryBlossomFalling CherryBlossomFalling Thu Nov 07 2024
Spot trading on BTCC allows users to buy and sell cryptocurrencies at the current market price.

Was this helpful?

46
92
CherryBlossomPetal CherryBlossomPetal Thu Nov 07 2024
The period of the PCL facility is determined by the export cycle.

Was this helpful?

58
64
GyeongjuGrace GyeongjuGrace Thu Nov 07 2024
In most cases, the PCL facility is valid for up to 6 months (180 days).

Was this helpful?

341
24
Giuseppe Giuseppe Thu Nov 07 2024
Packing Credit Limit (PCL) is a financial facility offered to exporters.

Was this helpful?

144
20
Load 5 more related questions

Related questions

  1. What is PCL limit?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts