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This Hot New Crypto Exchange is Gearing Up for Launch đ
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Understanding Spreads & Slippage - A Trader's Guide! đ€ đą What's the spread? It's the difference between the buy and sell price quoted for an asset. A high spread means you pay more to buy and get less when selling - so you want it LOW! đ For example, if BTC is quoted at $10,000 bid and $10,100 ask, the spread is $100. Popular coins like BTC and ETH have very tight spreads due to high liquidity. đ§ $BNB A wide spread signals low liquidity - fewer buyers and sellers. You'll see this with small cap altcoins. đ Market makers provide liquidity using spreads to profit - buying low and selling high. đ° $ETH đą What's slippage? This happens when your trade executes at a different price than expected. đ± For instance, your market buy order goes through at $10,100 instead of $10,000. Slippage occurs due to low liquidity. Your big order eats up the existing orders, moving the price. đœïž It's common with smaller coins. The volatility also causes prices to shift quickly. đą To avoid slippage, use limit orders rather than market orders. đ€ But even limit orders can experience slippage if the market moves fast! đȘïž Checking order book depth and spreads helps gauge liquidity conditions before trading. đ Understanding slippage and spreads helps make better decisions! đ§ $BTC #PIXEL #TrendingTopic #Sei #Write2Earn #WLD
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Haqqex Weekly Crypto News Digest đ° Big milestones for Bitcoin this week! đ $BTC's market cap exceeded $1 trillion as prices rose above $51K. Investor optimism remains high with Fear & Greed index at 72. Bullish signals for the OG crypto! đ In adoption news, Thailand announced a VAT tax exemption for crypto traders starting 2024. This should stimulate growth of digital assets there. đ And the Ethiopian government is getting into mining through a new partnership. More countries buying into crypto! đ On the tech front, Coin Metrics reports that 51% attacks are now infeasible for nation-states looking to destroy Bitcoin or Ethereum. The networks are now too big to realistically attack. Bullish for security! đ Haqqex also released a new beta version this week with updates. Check their social media for full details. #Write2Earn #WLD #Sei #PIXEL #TrendingTopic As we wrap the week, Bitcoin is trading above $51.8K while Ethereum holds steady around $2,800. Total crypto market cap stands at $1.94 trillion after hitting another milestone this week! đ $SOL $ETH
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Islamic Coin has launched its first-ever quiz campaign on Tide! This fun trivia game rewards users who demonstrate their knowledge of Islamic Coin and ISLM tokens. Players can earn leaderboard prizes, limited edition NFT badges like "ISLM Quiz Master," and rack up experience points (XPs). $SOL $XRP $BTC To play, open your HAQQ wallet app and click the Tide quiz banner. Connect your wallet, then answer multiple choice questions correctly to earn badges and climb the leaderboards! Tide offers a smooth wallet integration to manage Shariah assets while playing. The Islamic Coin team invites the community to show off their ISLM and HAQQ expertise. Join for a chance to snag dynamic NFTs and have fun while learning. With Tide's gamified platform, Islamic Coin aims to educate and engage fans in new web3-centric ways. Dive into the first campaign now directly through your HAQQ wallet app! #Write2Earn #PYTH #TrendingTopic #link #JUP
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Exciting News! Haqq Academy Season 1 Starts December 12th!! The Haqq Academy Season 1 program starts on December 12. This educational program teaches the basics of cryptocurrency concepts through the perspective of Islamic finance principles. There will be 19 lessons covering different topics relevant for Muslims who want to learn about crypto in a way that aligns with their faith. Lessons provide insightful knowledge about blockchain technology, trading, Islamic coin ISLM, and more. Learners who complete all 19 lessons and graduate from Haqq Academy will receive a special NFT certificate. This recognizes your improved understanding of crypto and Islamic finance. The Haqq Academy lessons aim to benefit the Muslim community by creating more awareness about how crypto can work according to Islamic laws. Sign up on the Islamic Coin website to enroll in Haqq Academy starting December 12 and be part of Season 1. This is an exciting chance for Muslims to upskill themselves in crypto and blockchain through an Islamic educational lens. #Write2Earn #ENS #ENS #link #TrendingTopic $BTC $XRP $ETH
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