This is the story of BaseFEX - a crypto exchange that unintentionally bankrupted itself through wash trading. It's a cautionary tale for any crypto exchange looking to get ahead by faking volume - and a solid guide for anyone who knows a bit of coding, and wants to
In the last section of this series we covered the very basics of market making. We covered the fundamentals that make market making a viable strategy and introduced the adverse selection problem. In this article we will explore some simple ways to deal with the adverse selection problem. Quick recap
You buy a Bitcoin for $8000 and sell it for $8010. You just made a $10. You keep doing this all day. Buy for $8000, sell for $8010. At 5 pm, you have sold 99 Bitcoins and made $10x99 = $990. Let’s make it $1000 You place an order to
Is "scalping" a viable trading strategy? Only if you do it the right way. This guide provides an overview of the three main types of scalping, and how they relate to other trading strategies (such as swing trading and market making).