How does 1 click affect the execution of cryptocurrency trades?

3 answers

• Lê Anh DuyMar 04, 2023 · 2 years ago
  When you click a button to execute a cryptocurrency trade, the platform sends your order to the exchange's order book, where it matches with other buy or sell orders. The execution of the trade depends on various factors such as the current market conditions, liquidity, and the type of order you placed. The process is automated and happens almost instantly, ensuring that your trade is executed at the best available price at that moment.
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• Benjamin JosephNov 17, 2024 · 8 months ago
  Clicking a button to execute a cryptocurrency trade triggers a series of actions behind the scenes. The platform sends your order to the exchange, which then matches it with other orders based on price and time priority. The execution of the trade is typically fast, but it can be influenced by factors such as network congestion or high market volatility. It's important to note that the execution of a trade may not always happen at the exact price you see on the platform due to slippage, especially during periods of high market activity.
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• Self VintherDec 20, 2022 · 3 years ago
  When you click a button to execute a cryptocurrency trade, the order is sent to the exchange's matching engine, which matches it with the best available price and quantity. The execution of the trade is typically fast, and you'll receive a confirmation once it's completed. However, it's important to be aware of potential delays or issues that can arise during high trading volumes or periods of network congestion. It's always a good practice to review your trade details before clicking the button to ensure accuracy and avoid any potential mistakes.
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