Crypto whales looking to trade large orders in Solana’s SOL
, dogecoin and XRP might want to consider new research by Coingecko, which shows Bitget as the industry leader in altcoin liquidity, outpacing Binance.
“CEX [centralized exchange] liquidity for the top 5 major crypto assets is generally healthy across various market depths, with Binance offering the most liquidity for BTC, while Bitget is the most liquid platform for altcoins within the 0.3%-0.5% interval,” Coingecko’s research said.
The firm researched global order books for the top five coins, bitcoin
, ether , SOL, XRP and DOGE, over the 61 days from March 19 to May 18.
Liquidity reflects the depth and size of buy and sell orders at different prices, representing the ease of trading large orders without causing significant price changes.
The standard measure of liquidity is market depth, which refers to the collection of buy and sell orders at different price ranges (e.g.,…
