WORRIED ABOUT EXCHANGES LIQUIDITY? 😱 Here The Tool That Could Save You! 👇
Nansen is one of the top tool that investors use to verify Exchanges Liquidity! In fact you can check what are their liquidity reserves and also their portfolios. REMEMBER, liquidity becomes significant because it shows if the exchange (CEX) has enough assets to cover its liabilities, including customer funds. Better avoid another FTX scenario right? Also, liquid CEXs are often chosen by traders because they can execute their trades more efficiently and thus avoid significant price slippage!
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