#Scallop Word of the Week - Market Maker & Taker. New to #crypto trading.
14 Feb 2023, 11:50
#Scallop Word of the Week - Market Maker & Taker
New to #crypto trading? Understanding the concept of makers and takers is crucial
A maker places an order not immediately matched by an existing order, adding liquidity to the market. A taker fills the order, removing liquidity
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2ScallopSCLP #926
14 Feb 2023, 11:55
Here's the Scallop 'Word of the week' - Market Maker & Taker ✍️
Trading in the world of crypto requires a strong understanding of the concept of makers and takers. 📈
Makers add liquidity to the market by placing limit orders that are not immediately filled, while takers remove it by filling existing orders. 🤑
These actions have a direct impact on the supply and demand of a particular asset. 📊
As a trader, it's important to understand the difference and how it affects your trading strategy.
Official Tweet:
Here's the Scallop 'Word of the week' - Market Maker & Taker.
Here's the Scallop 'Word of the week' - Market Maker & Taker ✍️
Trading in the world of crypto requires a strong understanding of the concept of makers and takers. 📈
Makers add liquidity to the market by placing limit orders that are not immediately filled, while takers remove it by filling existing orders. 🤑
These actions have a direct impact on the supply and demand of a particular asset. 📊
As a trader, it's important to understand the difference and how it affects your trading strategy.
Official Tweet: https://twitter.com/ScallopOfficial/status/1625462357328793601
ScallopSCLP #926
14 Feb 2023, 11:55
Here's the Scallop 'Word of the week' - Market Maker & Taker ✍️
Trading in the world of crypto requires a strong understanding of the concept of makers and takers. 📈
Makers add liquidity to the market by placing limit orders that are not immediately filled, while takers remove it by filling existing orders. 🤑
These actions have a direct impact on the supply and demand of a particular asset. 📊
As a trader, it's important to understand the difference and how it affects your trading strategy.
Official Tweet:
Here's the Scallop 'Word of the week' - Market Maker & Taker.
Here's the Scallop 'Word of the week' - Market Maker & Taker ✍️
Trading in the world of crypto requires a strong understanding of the concept of makers and takers. 📈
Makers add liquidity to the market by placing limit orders that are not immediately filled, while takers remove it by filling existing orders. 🤑
These actions have a direct impact on the supply and demand of a particular asset. 📊
As a trader, it's important to understand the difference and how it affects your trading strategy.
Official Tweet: https://twitter.com/ScallopOfficial/status/1625462357328793601