How can iceberg orders help traders to minimize slippage in cryptocurrency trading?

1 answers

• New tricks IdeasSep 19, 2022 · 3 years ago
  At BYDFi, we understand the importance of minimizing slippage in cryptocurrency trading. Iceberg orders are one of the tools that traders can use to achieve this goal. By splitting large orders into smaller visible orders, traders can avoid causing significant price movements and reduce slippage. This strategy is especially beneficial for traders who trade large volumes and want to minimize the impact of their orders on the market. With iceberg orders, traders can execute their trades more effectively and achieve better results.
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