What does price gap mean and why is it so large?
What does price gap mean and why is it so large?
Hi, so Im currently trying to open an eth position on bydfi and it says the order will have a -33% price gap. I understand the rest of the details but am unsure as to what this means.
Gihan Wijethunga Answered question November 27, 2024
It means theres not alot of people selling or buying on that exchange. Stay away from exchanges with low liquidity. When u buy, the price is going to jump alot and u will have to overpay compared to other exchanges.
Gihan Wijethunga Answered question November 27, 2024