LBank Publishes Market Depth Comparison Against Six Other Crypto Exchanges
(9 days ago) · 1 source · Summarized by CryptoBipto
LBank has released a comparison of its market depth metrics against six other major cryptocurrency exchanges. The analysis aims to show how LBank's order book liquidity stacks up relative to competitors.
WHY IT MATTERS
When you place a trade on a crypto exchange, the price you get depends partly on something called "market depth." Think of it like a grocery store's stock: if a store has hundreds of cartons of milk on the shelf, one customer buying ten cartons will not change the price. But if the store only has a few cartons, a big purchase could drive the price up. Similarly, exchanges with deeper order books can handle larger trades without big price swings. LBank is making the case that its market depth is competitive, but since this comparison comes from LBank itself, it is important to look for independent assessments before drawing conclusions.
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- beincrypto.com
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