How does the delay from GDAX to Binance affect the trading of cryptocurrencies?

3 answers

• Dec 28, 2021 · 3 years ago
  The delay from GDAX to Binance can have significant implications for cryptocurrency trading. When there is a delay in transferring cryptocurrencies between these two exchanges, it can affect the execution speed of trades. Traders may experience longer wait times for their orders to be processed, which can result in missed trading opportunities or unfavorable price movements. Additionally, the delay can contribute to increased price volatility as the market conditions may change during the transfer time. It is important for traders to consider the potential impact of this delay and adjust their trading strategies accordingly.
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• Dec 28, 2021 · 3 years ago
  The delay from GDAX to Binance can be frustrating for traders. It can lead to missed trading opportunities and cause price discrepancies between the two exchanges. Traders who rely on arbitrage strategies may find it challenging to take advantage of price differences due to the delay. Additionally, the delay can increase the risk of slippage, where the executed trade price differs from the expected price. Traders should carefully consider the delay and its potential impact on their trading decisions.
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• Dec 28, 2021 · 3 years ago
  As an expert in the field, I can confirm that the delay from GDAX to Binance can indeed affect the trading of cryptocurrencies. At BYDFi, we have observed that this delay can lead to increased price volatility and longer execution times. Traders should be aware of this delay and consider it when making trading decisions. It is important to stay updated with the latest information and monitor the market conditions to mitigate any potential risks associated with the delay.
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