Breaking: Limit Orders Are Now Available on PlasmaSwap
DeFi aggregator PlasmaFinance introduces an industry-first Limit Order functionality for its native DeFi DEX, PlasmaSwap, which allows users to swap at precise price points, opening the way for safer, stress-free DeFi trading. For the first time ever, DeFi traders on PlasmaSwap can now trade digital assets as if they were using a conventional exchange, setting […]
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Bitcoin exchange Kraken recently announced that they will be reducing transaction fees incurred in trades, as they are moving towards a "maker taker" fee model. This means that market makers will be able to provide the liquidity to "takers" or traders. The company shared its revised fees in its latest blog post and said that this new model will reward market makers for providing liquidity to the bitcoin exchange market. The maker fee applies when a user adds liquidity to the Kraken order book by placing a limit buy below market price or a limit sell above market price. The maker fee is....
The limit order functionality is a major tool moving the segment forward, narrowing the gap between options offered by CEXs and DEXs. As decentralized exchanges (DEXs) evolve, their functionalities become more and more advanced, often matching those of centralized exchanges (CEXs). One such functionality is the ability to place limit orders, which offers more flexibility and efficiency to DEX traders. This article looks at the existing limit order features and their prospective implementations. Unlike a market order, which is executed immediately at the last market price with potential....
On 17th March, Coinbase made the announcement that they were introducing stop orders to their Coinbase Exchange service, via a post on the Coinbase blog. Stop Orders Limit Losses. Investopedia defines a stop order as “an order to buy or sell a security when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor's loss or locking in his or her profit.” In the context of Bitcoin, “stop orders allow customers to buy or sell Bitcoin at a specified price. This order type helps traders protect profits,....
Bitcoin is officially trading at the highest prices it has ever seen, with today being a monumental day for the cryptocurrency This historical milestone has come about following multiple attempts, and failures, at breaking above $20,000 The eventual break above this level could now spark an epic short-squeeze that liquidates all the $20,000 limit-short orders […]
To attract and retain the interest of institutional traders, we need advanced risk management tools that can maximize gains for investors. Risk management is a vital element of success for any trader in any market. No matter the size of the capital you’re trading with or investing in, losses are going to be inevitable, particularly in highly volatile markets like cryptocurrency. Learning how to manage risk to minimize losses is vital. Yet, it’s also necessary to master risk management in order to ensure maximum gains. After all, the more you’re willing to risk, the greater the potential....