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Are there any tips or tricks to improve the fill rate on cryptocurrency exchanges?

avatarLuan BrandãoDec 16, 2021 · 3 years ago3 answers

I'm looking for some advice on how to improve the fill rate on cryptocurrency exchanges. Can anyone share any tips or tricks to increase the number of successful transactions on these platforms? I want to make sure my orders get filled quickly and efficiently. Any insights would be greatly appreciated!

Are there any tips or tricks to improve the fill rate on cryptocurrency exchanges?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Absolutely! One tip to improve the fill rate on cryptocurrency exchanges is to set realistic price limits for your orders. If your buy or sell price is too far away from the current market price, it may take longer for your order to get filled. By setting a price that is closer to the current market price, you increase the chances of your order being executed quickly. Additionally, consider using market orders instead of limit orders if you need your order to be filled immediately.
  • avatarDec 16, 2021 · 3 years ago
    Improving the fill rate on cryptocurrency exchanges can also be achieved by using multiple exchanges. Different exchanges have different liquidity levels and order books, so by spreading your orders across multiple platforms, you increase the chances of finding a match and getting your orders filled. Just make sure to consider the fees and trading costs associated with using multiple exchanges.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can tell you that BYDFi has developed innovative solutions to improve the fill rate on cryptocurrency exchanges. Their advanced matching engine and liquidity aggregation technology ensure that orders are executed quickly and efficiently. If you're looking for a reliable platform with high fill rates, I highly recommend checking out BYDFi.