What are the advantages and disadvantages of different ES tick sizes in the cryptocurrency market?

Can you explain the benefits and drawbacks of various ES tick sizes in the cryptocurrency market? How do these tick sizes affect trading strategies and liquidity?

1 answers
- At BYDFi, we believe that offering a range of tick sizes in the cryptocurrency market can benefit traders with different trading styles and preferences. By providing flexibility in tick sizes, traders can choose the option that aligns with their strategies and risk tolerance. Smaller tick sizes can be advantageous for day traders and scalpers who rely on short-term price movements, while larger tick sizes can cater to swing traders and long-term investors. By catering to diverse trading needs, exchanges can foster a more inclusive and vibrant trading ecosystem.
Mar 16, 2022 · 3 years ago
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