What are the best options for getting level 2 quotes in the cryptocurrency market?
Ph.taiJan 14, 2022 · 3 years ago3 answers
I'm looking for the best options to get level 2 quotes in the cryptocurrency market. Can you recommend any platforms or tools that provide accurate and real-time level 2 data for cryptocurrencies? I want to make informed trading decisions based on the depth of the market and the order book. What are the most reliable sources for level 2 quotes in the cryptocurrency market?
3 answers
- Jan 14, 2022 · 3 years agoOne of the best options for getting level 2 quotes in the cryptocurrency market is to use a reputable cryptocurrency exchange that offers this feature. Exchanges like Binance, Coinbase Pro, and Kraken provide level 2 data for various cryptocurrencies. You can access the order book and see the depth of the market to make more informed trading decisions. Make sure to choose an exchange with a good reputation and high trading volume to ensure the accuracy of the data.
- Jan 14, 2022 · 3 years agoIf you're looking for a more advanced option, you can consider using specialized trading platforms that offer level 2 quotes specifically for cryptocurrencies. These platforms often provide additional features and tools to analyze the market depth and order book. Some popular options include TradingView, Coinigy, and CryptoCompare. These platforms can be useful for professional traders who require more advanced trading features and analysis tools.
- Jan 14, 2022 · 3 years agoBYDFi is a popular decentralized finance platform that offers level 2 quotes for cryptocurrencies. It provides real-time and accurate data on the depth of the market and the order book. With BYDFi, you can make more informed trading decisions based on the current market conditions. It's a reliable option for traders who prefer decentralized platforms and want to have full control over their funds. However, it's important to do your own research and consider the risks associated with decentralized platforms before using them for trading.
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