What does ATM mean in the world of cryptocurrencies?

1 answers

• Dec 18, 2021 · 3 years ago
  ATM, which stands for 'Ask The Market,' is a term used in the cryptocurrency trading community. It refers to a trading strategy where traders place limit orders above the current market price when buying or below the current market price when selling. By doing so, they aim to get their orders filled quickly by taking advantage of the liquidity available in the market. This strategy can be particularly useful during periods of high volatility when the market price can quickly move in either direction. Traders who use the ATM strategy closely monitor the market and adjust their orders accordingly to maximize their trading opportunities.
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