How can I avoid requotes when trading cryptocurrencies?

3 answers

• hamodJul 16, 2023 · 2 years ago
  Requotes can be frustrating when trading cryptocurrencies, but there are a few strategies you can employ to minimize their impact. Firstly, consider using a reputable cryptocurrency exchange that has a reliable trading infrastructure. This can help reduce the likelihood of requotes occurring. Additionally, ensure that you have a stable internet connection and a fast computer setup. Slow internet or hardware can contribute to requotes. Lastly, consider using limit orders instead of market orders. Limit orders allow you to set a specific price at which you want to buy or sell, reducing the chance of requotes. By following these tips, you can improve your trading experience and minimize the occurrence of requotes.
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• NergisDec 23, 2024 · 7 months ago
  Dealing with requotes in cryptocurrency trading can be a real headache. To avoid them, it's important to choose a reputable exchange that offers a reliable trading platform. Look for exchanges that have a good track record and positive user reviews. Additionally, make sure you have a stable internet connection and a fast computer or mobile device. Slow internet or outdated hardware can contribute to requotes. Lastly, consider using limit orders instead of market orders. Limit orders allow you to set a specific price at which you want to buy or sell, reducing the chances of requotes. By following these steps, you can minimize the frustration of requotes and trade cryptocurrencies more efficiently.
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• Ken jhi CarilloMay 28, 2024 · a year ago
  When it comes to avoiding requotes in cryptocurrency trading, one effective approach is to use a reputable exchange like BYDFi. BYDFi offers a robust trading platform that minimizes the chances of requotes occurring. Additionally, ensure that you have a stable internet connection and a fast computer setup. Slow internet or hardware can contribute to requotes. Another strategy is to use limit orders instead of market orders. Limit orders allow you to set a specific price at which you want to buy or sell, reducing the likelihood of requotes. By implementing these measures, you can significantly reduce the impact of requotes and enjoy smoother cryptocurrency trading.
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