Trading tools

Current situation in the trading niche

Trading process in centralized markets goes basing on order- book, that is, basing on the orders for crypto-asset purchase and sale inside centralized market issued by the users. Advantage of such trading algorithm is trading accuracy and high quality thanks to order-book. The minimum spread, possibility to view the supply depth and ongoing correlation with users’ mindset, possibility of opening the transaction without the user’s presence near their working place thanks to suspended order, using “credit shoulder” from the trading service supplier, and possibility of getting profit when the asset prices fall thanks to the function of opening short positions are advantages of this type of trading. Disadvantages of such markets are possibility for trading service supplier to influence on the market itself (because it is impossible to check the trading service supplier for jerrymander with trading pairs, price range and also due to possibility of blocking the user’s money without declaring the reasons). Another significant disadvantage is necessity to go through personality verification process for increase of transaction limits. In its turn, trading process in decentralized markets is distinguished by safety of work with trading service supplier due to use of smart-contracts for building the system of crypto-assets trading. Such trading system is safe (due to the above information about smart-contracts), does not require user verification, which means anonymity of the actions, which is the underlying factor in work with crypto-assets. Tools for earning in decentralized markets can be different. One of underlying tools is function of liquidity adding to any trading pair and possibility to earn on commissions charge during the trading this trading pair by other users. We should note availability of management tokens delegated between users and trading service suppliers as a reward for participation in the common trading process. The problem of this type of trading is absence of advantages implemented due to order-book function, as well as impossibility of working with borrowed funds and getting profit from opening transactions aimed to reduction of the asset cost.

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