What are the reasons behind Coinflex pausing extreme market conditions for Counterparty?

3 answers

• Nov 27, 2021 · 3 years ago
  Coinflex has decided to pause extreme market conditions for Counterparty due to the high volatility and potential risks associated with such market conditions. By pausing extreme market conditions, Coinflex aims to protect traders from sudden price fluctuations and prevent potential losses. This decision is in line with Coinflex's commitment to providing a safe and secure trading environment for its users.
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• Nov 27, 2021 · 3 years ago
  The decision to pause extreme market conditions for Counterparty on Coinflex is a proactive measure taken by the exchange to mitigate the risks associated with highly volatile market conditions. Extreme market conditions can lead to rapid price movements and increased market manipulation, which can negatively impact traders. By pausing extreme market conditions, Coinflex aims to ensure fair and orderly trading, promoting a more stable and transparent market.
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• Nov 27, 2021 · 3 years ago
  As a third-party observer, it is important to note that Coinflex's decision to pause extreme market conditions for Counterparty is a strategic move to protect traders and maintain market stability. Extreme market conditions can often result in significant price fluctuations and increased trading risks. By implementing this pause, Coinflex demonstrates its commitment to responsible trading practices and prioritizes the well-being of its users.
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