The exchange that your order can be filled earlier are exchanges with high trading volume of the listed coin. With what you have explained, it is better to go for Kucoin.
Do not follow the low price, what if your order is not filled earlier and no buyer or seller at the displayed amount of the limit order, but just in a way the market order of the coin will not favour you, then you might even end up buying at higher price or sell at lower price. Low volume can be very frustrating.
The lower price seen can be deceiving which is most likely what will happen.
Do not follow the low price, what if your order is not filled earlier and no buyer or seller at the displayed amount of the limit order, but just in a way the market order of the coin will not favour you, then you might even end up buying at higher price or sell at lower price. Low volume can be very frustrating.
The lower price seen can be deceiving which is most likely what will happen.
Thank you for your response. For me it is not only about the lower price. As I explained on the lower volume exchange the order book actually indicates more coins for sale and it has been like that for 2 days. But the volume says otherwise.
Unless I'm reading the order book wrong.
The thing is they might cancel their order and there's a chance a new seller want to sell large sum with lower price too. I don't know which coins you're talking about and how they're interested with Gate.io rather than Kucoin while the volume Kucoin is far higher than Gate.io... You'd better checking the buy and sell order on the next hours and next days, if the volume is still higher in Gate.io then use Gate.io
Does this coins doesn't get listed in Binance? Binance should be the highest volume trading.
Does this coins doesn't get listed in Binance? Binance should be the highest volume trading.
Thank you for your response.
You say, ''The thing is they might cancel their order''. But that goes for both exchanges, no? Or can you tell me how that influences the decision here?
What do you mean exactly with ''interested with Gate.io''?
So if I understand correctly, you do agree with me with the way the order book looks on that image I showed? It shows that Gate.io has more coins for sale, despite that the 24 hour volume is way less than Kucoin.
And no, this projects is not listed on any bigger exchange.