How can AON be used to optimize cryptocurrency trading strategies?

3 answers

• Jan 13, 2022 · 3 years ago
  One way to optimize cryptocurrency trading strategies using AON orders is by reducing slippage. AON orders ensure that the entire order is executed at the desired price or not at all. This can help prevent partial fills and reduce the impact of market fluctuations on the execution price. By using AON orders, traders can have more control over their trades and potentially improve their overall profitability.
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• Jan 13, 2022 · 3 years ago
  AON orders can also be used to minimize transaction costs in cryptocurrency trading. By placing AON orders, traders can avoid paying multiple transaction fees for partial fills. This can be especially beneficial for high-frequency traders or those who frequently trade large volumes. By optimizing transaction costs, traders can increase their potential profits and improve their trading strategies.
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• Jan 13, 2022 · 3 years ago
  At BYDFi, we recommend incorporating AON orders into your cryptocurrency trading strategies. AON orders can help you achieve better execution and reduce the risk of unfavorable price movements. By using AON orders, you can ensure that your trades are executed as intended, without the risk of partial fills or slippage. This can lead to improved trading performance and better overall results in the cryptocurrency market.
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