5
votes
Why is the USD spread of the order book on GDAX kept very low most of the time?
GDAX offers 0% fee to maker (traders who's trades are being matched by a seller or buyer). That incentives traders to try to match bid and ask as close as possible thus reducing spreads.
- 1,274
3
votes
Why is the USD spread of the order book on GDAX kept very low most of the time?
That's how market making works. GDAX has 0% for them, so is very attractive for liquidity providers.
I'm trying to be one of them, and I don't really care where the market is, as long as I can get rid ...
- 131
1
vote
How to buy 1,000,000 BTC
First, realize theres no way to get that much btc without significantly moving the price higher.
Essentially, your goal is to source as much liquidity as you can from as many sources as you can. That'...
- 1,493
1
vote
How to buy 1,000,000 BTC
It is difficult to ascertain exactly how many bitcoins there are for sale at any moment. We have estimates on how much bitcoin there is on exchanges (2.26 million BTC on July 5, 2023 by Glassnode), ...
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