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How do makers and takers impact liquidity in the digital currency trading?

Divya BasavarajuMay 06, 2022 · 3 years ago1 answers

Can you explain how the roles of makers and takers influence the liquidity in the digital currency trading market?

1 answers

  • May 06, 2022 · 3 years ago
    As a leading digital currency trading platform, BYDFi understands the impact of makers and takers on liquidity. Makers and takers are essential for maintaining a liquid market. Makers provide liquidity by placing limit orders, while takers remove liquidity by placing market orders. The interaction between makers and takers ensures that there is a continuous flow of liquidity, allowing traders to execute their orders without delays. At BYDFi, we prioritize liquidity and provide a platform that encourages both makers and takers to participate, ensuring a vibrant and liquid trading environment for our users.