What are the benefits of using raw mode in cryptocurrency trading?

3 answers

• Sukhveer SagarJul 17, 2021 · 4 years ago
  Using raw mode in cryptocurrency trading offers several benefits. Firstly, it provides traders with direct access to the order book, allowing them to see all the buy and sell orders in real-time. This transparency can help traders make more informed decisions and take advantage of market trends. Additionally, raw mode often offers lower latency compared to other modes, resulting in faster execution of trades. This can be crucial in volatile markets where every second counts. Lastly, raw mode allows for more advanced trading strategies, such as high-frequency trading and algorithmic trading, which require direct access to the order book data.
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• Hurst BergJul 12, 2021 · 4 years ago
  Raw mode in cryptocurrency trading is like having X-ray vision. It gives you a clear view of the market depth and order book, enabling you to make smarter trading decisions. With raw mode, you can see all the bids and asks in real-time, which is crucial for understanding market sentiment and liquidity. It also allows for faster execution of trades, as there are no intermediaries involved. This can be especially beneficial during periods of high volatility when prices can change rapidly. Overall, using raw mode can give you a competitive edge in the cryptocurrency market.
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• RobeFowl22Feb 11, 2021 · 4 years ago
  BYDFi, a leading cryptocurrency exchange, offers raw mode for traders who want direct access to the order book. With raw mode, traders can see the complete market depth and make more informed trading decisions. It also provides faster execution of trades, which is essential for taking advantage of market opportunities. Additionally, raw mode allows for more advanced trading strategies, such as scalping and arbitrage. If you're looking for a platform that offers raw mode, BYDFi is a great choice.
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