After using CEX for my derivatives trades I'm starting to see the real value in using DEX for derivatives as you get to see all the orders and its not manipulated like how the CEX does it.
On exchange like Binance you can even place orders which does not show up in the orderbooks until the order is place. This is great for whales trying to buy or dump those smaller market caps however on DEX .. all orders are there.
Yes these wales can chunk up the orders into multiple smaller order however it does take a bit of effort once the position is a large one.
So .. yes I'm still exploring DEX derivatives and have not fully understand it yet .. however I'm really liking the experience so far ...
Cheers all and do explore alternatives as you could find something that you would really like.
Happy Weekend !
Posted Using LeoFinance Beta
Which DEX platforms do you recommend?
So far for derivatives .. kwenta.io is my goto choice for now, and for spot ... I'll go for Dydx
Posted Using LeoFinance Beta
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That's pretty cool to know thanks for the tips by the way :)