No candles, just the order book. 24h volume is high, but actual liquidity is scarce. Past figures don’t tell you how deep the book is right now, where your order will be filled. 👀
$BTC vol: $803 million; a $1 million order slips 0.003%. ETH vol: $472 million; a $1 million order slips 0.027%. Pretty solid. NEAR vol: $115 million; a $1 million order slips 0.843% 😐. ZEC vol: $135 million, and a $1 million order still slips 0.230%. Hidden costs from spreads and slippage can wipe out an account faster than a chart. 🤓
To protect your capital: Always check the order book (/depth) before placing a large order. Use Limit orders instead of Market orders. A $1 million Market order can easily “sweep” the thin liquidity of an altcoin, causing massive slippage. 📐
Which altcoin has hit you with painful slippage? Share your story. $BTC —will it maintain this depth? 😏
#Write2Earn #BinanceFutures #Altcoin
(DYOR & NFA)
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🌐 EN: Don’t just look at candles; check the order book depth. High 24h volume often masks poor actual liquidity, leading to significant slippage.
$BTC vol: $803 million; a $1 million order slips 0.003%. ETH vol: $472 million; a $1 million order slips 0.027%. Pretty solid. NEAR vol: $115 million; a $1 million order slips 0.843% 😐. ZEC vol: $135 million, and a $1 million order still slips 0.230%. Hidden costs from spreads and slippage can wipe out an account faster than a chart. 🤓
To protect your capital: Always check the order book (/depth) before placing a large order. Use Limit orders instead of Market orders. A $1 million Market order can easily “sweep” the thin liquidity of an altcoin, causing massive slippage. 📐
Which altcoin has hit you with painful slippage? Share your story. $BTC —will it maintain this depth? 😏
#Write2Earn #BinanceFutures #Altcoin
(DYOR & NFA)
---
🌐 EN: Don’t just look at candles; check the order book depth. High 24h volume often masks poor actual liquidity, leading to significant slippage.