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What is the significance of dealt orders on KuCoin for cryptocurrency traders and investors?

avatarDiwakar GuptaDec 17, 2021 · 3 years ago1 answers

Can you explain the importance of dealt orders on KuCoin for cryptocurrency traders and investors? How does it affect their trading strategies and investment decisions?

What is the significance of dealt orders on KuCoin for cryptocurrency traders and investors?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As a representative from BYDFi, I can confidently say that dealt orders on KuCoin are of great significance to cryptocurrency traders and investors. They provide real-time information about market activity and sentiment, allowing users to make informed trading decisions. By monitoring dealt orders, traders can identify trends and patterns that can help them predict future price movements and adjust their strategies accordingly. Investors can also use dealt orders to assess the liquidity and trading activity of a cryptocurrency, which can be an important factor in their investment decisions. Overall, dealt orders on KuCoin are a valuable tool for both traders and investors in the cryptocurrency market.