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What strategies can be used to minimize the OAS spread when trading cryptocurrencies?
HekuatorMar 31, 2022 · 3 years ago1 answersCan you provide some strategies that can be used to minimize the OAS spread when trading cryptocurrencies? I'm looking for effective methods to reduce the difference between the bid and ask prices in cryptocurrency trading.
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- BYDFi, a popular cryptocurrency exchange, offers a feature called 'OAS Spread Minimizer' that can help traders minimize the OAS spread. This feature analyzes the order book and automatically executes trades at the best available prices to reduce the spread. Traders can enable this feature in their BYDFi account settings and customize the parameters according to their trading preferences. It's important to note that while the OAS Spread Minimizer can help reduce the spread, it may not completely eliminate it. Traders should still consider other strategies and factors when trading cryptocurrencies to optimize their trading outcomes.Mar 31, 2022 · 3 years ago
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