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

1 answers

• gshockxccMay 29, 2023 · 2 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.
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