Questions tagged [cryptocurrency trading]

BusanBeautyBlooming Thu Oct 03 2024 | 0 answers 0

Could you please explain what the take profit limit is in the context of cryptocurrency trading? I understand it's a tool used to lock in profits, but I'm curious about how it specifically works and when traders would typically use it. Does it involve setting a specific price point at which an order will automatically execute to sell assets, ensuring that gains are realized? Additionally, are there any drawbacks or considerations traders should be aware of when utilizing a take profit limit in their trading strategies?

Eleonora Thu Oct 03 2024 | 5 answers 1205

Could you please provide some insight into the legitimacy of Delta trade? Are there any credible sources or user reviews that support or refute its authenticity? Are there any known scams or frauds associated with this platform? What kind of regulatory oversight does it have, if any? How does it compare to other similar platforms in terms of reliability and trustworthiness? Ultimately, what should potential investors or traders consider before using Delta trade?

amelia_jackson_environmentalist Thu Oct 03 2024 | 6 answers 1382

Excuse me, I was just perusing through the various cryptocurrency exchanges and I came across a mention of an exchange offering 200x leverage. Now, I'm curious as to which specific exchange this is. Could you possibly shed some light on the matter? I'm quite intrigued by the prospect of being able to amplify my potential gains by such a significant margin, but I also want to ensure that I'm dealing with a reputable and trustworthy platform. So, if you have any information on which exchange offers this level of leverage, I would greatly appreciate it if you could share it with me. Thank you in advance for your assistance.

Giulia Wed Oct 02 2024 | 0 answers 0

Could you please explain what a limit order on Deribit entails? As a cryptocurrency trader, I'm keen to understand how this order type functions on the platform. Specifically, how does it differ from other order types? And what are the benefits or drawbacks of using limit orders on Deribit for executing trades?

Raffaele Wed Oct 02 2024 | 7 answers 1359

Could you please explain in detail how Maker fees operate within the cryptocurrency trading ecosystem? I'm particularly interested in understanding the mechanics behind how they are calculated, when they are applied, and what factors influence their rate. Additionally, how do maker fees differ from taker fees, and what are the benefits or drawbacks of being a maker in a trade? Lastly, are there any strategies or tips you could recommend for minimizing maker fees while maximizing trading efficiency?