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How does fidelity price improvement affect cryptocurrency trading?

avatarArvand NDec 26, 2021 · 3 years ago3 answers

What is fidelity price improvement and how does it impact the trading of cryptocurrencies?

How does fidelity price improvement affect cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Fidelity price improvement refers to the practice of executing trades at a better price than the prevailing market price. In the context of cryptocurrency trading, it means that when you place an order, the exchange will try to find the best available price for your trade. This can result in getting a better price than what you initially expected, which can be beneficial for traders. Fidelity price improvement can help reduce trading costs and improve overall trading performance.
  • avatarDec 26, 2021 · 3 years ago
    Fidelity price improvement is an important factor to consider when trading cryptocurrencies. By getting a better price for your trades, you can potentially increase your profits and minimize losses. It is especially useful for large volume traders who execute large orders. However, it's important to note that not all exchanges offer fidelity price improvement, so it's essential to choose a reputable exchange that provides this feature.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we understand the importance of fidelity price improvement in cryptocurrency trading. We strive to provide our users with the best possible trading experience by offering fidelity price improvement on our platform. With our advanced trading algorithms, we aim to ensure that our users get the best available price for their trades. So, if you're looking for a reliable exchange that offers fidelity price improvement, give BYDFi a try!