$BTC VND moving sideways, but sometimes this is also the time to look back at some interesting numbers. 🤓 If you think 24h volume is enough to judge liquidity, take a look at this.

In fact, the Binance order book (/depth 1000 price levels) shows: $BTC volume is close to $1.2B, but placing a $1M order only slips 0.009%. Pretty solid. Ether (ETH) is similar—$561M volume, yet a $1M order only slips 0.029%. If you’re buying these, you’ll feel a bit safer.

But when switching to ZEC and QNT, it’s a totally different story. ZEC has $292M volume—sounds big—but a $1M order slips by 0.233%. As for the “final boss” QNT, 24h volume is up to $247M, yet a $1M order slips as much as 8.945%. 😐 QNT’s spread is also quite high at 2.23 bps. That’s an “invisible fee” that can kill your account faster than misreading a chart.

So don’t just look at 24h volume. Turn on the order book and check the depth. For big orders, keep using Limit orders—throwing big Market orders will land you with that “juicy” slippage.

How do you guys usually check liquidity before entering a trade? 🤔

#Write2Earn #Altcoin #BinanceSquare
(NFA - I’m only sharing my personal perspective)
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