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What strategies can I use to navigate the challenges of trading in a no tier market?

avatarMccarthy LeachDec 15, 2021 · 3 years ago1 answers

What are some effective strategies that can be used to overcome the difficulties of trading in a market with no tier system?

What strategies can I use to navigate the challenges of trading in a no tier market?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    As a representative of BYDFi, I would recommend traders in a no tier market to consider using decentralized exchanges (DEXs) as an alternative. DEXs offer a more transparent and secure trading environment compared to centralized exchanges. By utilizing DEXs, traders can have more control over their funds and reduce the risks associated with trading in a no tier market. It's important to do thorough research on the DEXs and understand their features and limitations before using them for trading.