What are the consequences of frontrunning for crypto traders?

1 answers

• Chinonso EkezieMar 13, 2024 · 2 years ago
  Frontrunning is a practice that can have negative consequences for crypto traders. It can lead to unfair advantages for those who engage in it, as they can profit from price movements before others. This can create a sense of distrust and unfairness in the market, which can discourage new traders from entering the space. To avoid the consequences of frontrunning, traders should be aware of the risks and use reputable exchanges that have strict policies against frontrunning. By doing so, they can protect themselves and contribute to a more transparent and fair crypto trading environment.
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