Logo
Ethan Oliver @go_670ccbe211dbb
πŸš€ 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!

πŸ”₯ Common Losses & How to Avoid Them
βœ… Impermanent Loss – Happens when asset prices fluctuate in liquidity pools.

πŸ”Ή Use stablecoin pairs

πŸ”Ή Diversify liquidity investments

πŸ”Ή Choose pools with lower volatility

βœ… Slippage – Price changes between order placement and execution.

πŸ”Ή Trade in high-liquidity pools

πŸ”Ή Set slippage tolerance wisely

πŸ”Ή Use limit orders

βœ… High Gas Fees – Ethereum congestion leads to expensive transactions.

πŸ”Ή Use layer-2 scaling solutions

πŸ”Ή Trade on lower-fee blockchains (BSC, Polygon)

πŸ’‘ Stay cautious, trade smart, and minimize risks for a secure DEX experience! πŸš€

Visit: https://justtrytech.com/cr...
09:53 AM - Apr 03, 2025 (UTC)

No replys yet!

It seems that this publication does not yet have any comments. In order to respond to this publication from Ethan Oliver, click on at the bottom under it