Be Sure to Use Limit Orders When Transacting on a DEX
In this video I discuss why it is imperative to use limit orders when transacting on decentralized exchanges (DEX) due to thinner markets.
One always wants to check the liquidity and volume when trading on a DEX if you plan to do a large transaction. If you don't you could call victim to really bad fills when using a market order, which is why I stress again to use limit orders.
I show an example on the chart within this video
Transacting on a DEX
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