RE: Double-Pamp Confirmed

[edicted]

1] this is not a problem if you check in on the position once a day
2] the price isn't going to change enough in the <60 seconds it takes to do this to matter
3] fees on MEXC are almost nonexistent and huge orders can be reduced to zero using maker limit orders. My trading fee on $2400 was 30 cents.
4] Worth repeating over and over again. Counterparty risk can not be overstated.

Comments

[homesteadlt]

1. Funding on most exchanges changes every 8 hours. And in Hive's case for example Bybit has changed it to 2 hours and later adjusted to 4 hour.
2. Maybe. But then you are dealing with slipage if you are executing this trade at market prices.
3. Do MEXC require KYC? I haven't tried them yet. Their fees might be better than other places.