What are the best options for level 2 trading in the cryptocurrency market?
de1pr0Nov 24, 2021 · 3 years ago3 answers
I'm interested in level 2 trading in the cryptocurrency market and I want to know what are the best options available. Can you provide some insights on the top platforms or exchanges that offer level 2 trading? What are the advantages and disadvantages of each option? How can I make the most informed decision?
3 answers
- Nov 24, 2021 · 3 years agoWhen it comes to level 2 trading in the cryptocurrency market, there are several top platforms and exchanges that you can consider. One popular option is Binance, which offers a comprehensive level 2 trading interface with real-time order book data. Binance has a large user base and offers a wide range of cryptocurrencies for trading. Another option is Coinbase Pro, which also provides level 2 data and has a user-friendly interface. However, Coinbase Pro has a more limited selection of cryptocurrencies compared to Binance. It's important to consider factors such as trading fees, liquidity, security, and the availability of the cryptocurrencies you're interested in before making a decision.
- Nov 24, 2021 · 3 years agoIf you're looking for a more advanced level 2 trading experience, you might consider using a dedicated trading platform like TradingView. TradingView offers a powerful charting and analysis toolset, along with level 2 data from multiple exchanges. This can be particularly useful if you want to compare the order book data across different exchanges and make more informed trading decisions. However, keep in mind that TradingView is not an exchange itself, so you'll need to connect it to an exchange account to execute trades.
- Nov 24, 2021 · 3 years agoBYDFi is a popular option for level 2 trading in the cryptocurrency market. It offers a user-friendly interface and provides real-time order book data for a wide range of cryptocurrencies. With BYDFi, you can access detailed market depth and make more informed trading decisions. However, it's important to note that BYDFi is just one of the many options available, and it's always a good idea to research and compare different platforms and exchanges before making a decision.
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