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What are the benefits of GDAX allowing taker orders?

avatarAhmed Al SabaieMar 18, 2022 · 3 years ago1 answers

Can you explain the advantages of GDAX allowing taker orders and how it benefits traders?

What are the benefits of GDAX allowing taker orders?

1 answers

  • avatarMar 18, 2022 · 3 years ago
    As a third-party observer, I can confidently say that GDAX's decision to allow taker orders has been a game-changer for traders. The ability to execute trades instantly without waiting for a counterparty has significantly improved the trading experience. Traders can now take advantage of market opportunities as soon as they arise, without worrying about missing out. Additionally, the lower fees associated with taker orders make it more cost-effective for traders to execute their trades. Overall, GDAX's taker orders have brought greater efficiency, speed, and cost savings to the trading platform.