π Avoiding Losses When Trading on DEXs
Decentralized exchanges (DEXs) offer control and transparency, but they come with risks. Understanding these losses can help you trade smarter!
π₯ Common Losses & How to Avoid Them
β Impermanent Loss β Happens when asset prices fluctuate in liquidity pools.
πΉ Use stablecoin pairs
πΉ Diversify liquidity investments
πΉ Choose pools with lower volatility
β Slippage β Price changes between order placement and execution.
πΉ Trade in high-liquidity pools
πΉ Set slippage tolerance wisely
πΉ Use limit orders
β High Gas Fees β Ethereum congestion leads to expensive transactions.
πΉ Use layer-2 scaling solutions
πΉ Trade on lower-fee blockchains (BSC, Polygon)
π‘ Stay cautious, trade smart, and minimize risks for a secure DEX experience! π
Visit: https://justtrytech.com/cr...
Decentralized exchanges (DEXs) offer control and transparency, but they come with risks. Understanding these losses can help you trade smarter!
π₯ Common Losses & How to Avoid Them
β Impermanent Loss β Happens when asset prices fluctuate in liquidity pools.
πΉ Use stablecoin pairs
πΉ Diversify liquidity investments
πΉ Choose pools with lower volatility
β Slippage β Price changes between order placement and execution.
πΉ Trade in high-liquidity pools
πΉ Set slippage tolerance wisely
πΉ Use limit orders
β High Gas Fees β Ethereum congestion leads to expensive transactions.
πΉ Use layer-2 scaling solutions
πΉ Trade on lower-fee blockchains (BSC, Polygon)
π‘ Stay cautious, trade smart, and minimize risks for a secure DEX experience! π
Visit: https://justtrytech.com/cr...
09:53 AM - Apr 03, 2025 (UTC)