more
Markets
Buy Crypto
Trade
Derivatives
Trading BotsCopycommon-tag-new-0
Affiliate Program
Reward Centercommon-tag-new-0

How can a liquidity sweep help mitigate slippage in cryptocurrency trades?

avatarFiorellaSierraBerrocalMar 22, 2022 · 3 years ago1 answers

What is a liquidity sweep and how does it help reduce slippage in cryptocurrency trades?

How can a liquidity sweep help mitigate slippage in cryptocurrency trades?

1 answers

  • avatarMar 22, 2022 · 3 years ago
    Liquidity sweeps are a powerful tool for mitigating slippage in cryptocurrency trades. They involve automatically scanning multiple exchanges to find the best available prices and executing trades at those prices. By spreading the order across different exchanges, traders can avoid impacting the market and minimize slippage. This is particularly important for large orders, as slippage can significantly impact the overall trade execution. Liquidity sweeps help ensure that traders get the best possible prices and reduce the risk of slippage in cryptocurrency trades.
activity
Event end countdown:
10D08H43M35S