100% right...and then liquidity feeds liquidity... Which typically drives volume
Liquidity, the most important figure for an exchange, often forgotten in favor of (easier to manipulate) volume. @bitfinexhttps://twitter.com/bitfinex/status/1100334074210779137 …
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Thx for this paper Paolo. This is one of the main reasons why I’m focusing on Coinbase, Binance & Bitfinex only in my course where I talk about crypto exchanges.
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How come some of your prices on certain assets are 40-60% lower than exchanges such as
@Binance@krakenfx@coinbase n@HuobiGlobalThanks. Twitter will use this to make your timeline better. UndoUndo
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