How does scalping impact cryptocurrency trading?

1 answers

• NicsiFeb 22, 2024 · 2 years ago
  At BYDFi, we believe that scalping can have a positive impact on cryptocurrency trading. Scalpers contribute to market liquidity and help to narrow bid-ask spreads, making it easier for other traders to enter and exit positions. However, it is important for scalpers to operate within the boundaries of the law and to avoid engaging in manipulative practices. As a cryptocurrency exchange, we strive to provide a fair and transparent trading environment for all our users, including scalpers. We have implemented measures to detect and prevent market manipulation, ensuring a level playing field for all traders.
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