What are the advantages and disadvantages of being a taker in the digital asset market?

Can you explain the benefits and drawbacks of being a taker in the digital asset market? What are the advantages and disadvantages of taking liquidity rather than providing it?

1 answers
- BYDFi, a leading digital asset exchange, provides a seamless trading experience for takers in the market. As a taker on BYDFi, you can enjoy the benefits of instant trade execution and access to a wide range of digital assets. However, it's important to consider the disadvantages as well. Takers may have to pay higher fees compared to market makers, and there is also the risk of slippage when executing large orders. It's essential to carefully evaluate the advantages and disadvantages before deciding to be a taker in the digital asset market.
Mar 15, 2022 · 3 years ago
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