đ SushiSwap Advanced Strategy Trading: DCA and Limit Orders Are Now Available!
đ Decentralized exchange SushiSwap has added two new features to their trading toolbox: DCA (Dollar Cost Averaging) and Limit Orders.
đ According to reports, Orbsâ dLIMIT and DCA protocol technology have taken SushiSwapâs functionality to the next level. Now users can place limit orders and implement DCA strategy trading more flexibly on SushiSwap.
đ Orbs is a decentralized third-layer blockchain infrastructure that provides advanced trading tools that allow us to enjoy the experience of centralized exchanges while ensuring that all transactions are conducted securely on-chain.
đĄ Specifically, DCA is a strategy that allows us to continuously buy at different prices and diversify investment timing risks. Limit orders are more direct and can set an ideal price point to buy or sell.
đ In terms of functionality, Orbs' dLIMIT protocol gives traders the ability to set specific buy and sell prices on the chain. Users can choose to set the order price to +1%, +5% or +10% of the target price based on their personal risk preferences and market analysis, and set the expiration date to achieve accurate execution of smart orders.
đ At the same time, SushiSwap's new interface also adds an order history function, allowing users to easily track unsettled orders and view transaction history.
đ According to TheBlock data, although the trading volume of decentralized exchanges declined in August, the ratio of trading volume to centralized exchanges still reached a high of nearly 14%. This also shows the strong growth momentum of decentralized trading platforms.
đŹ What do you think of SushiSwap's new features and the growth of trading volume on decentralized exchanges? Would you prefer DCA and limit order operations on decentralized exchanges? Leave your opinions in the comments section!
