⚡I just tried using Binance CEX limit orders to trade Alpha, and it was quite smooth—

1️⃣ I didn't manually adjust the price; I used the default price for both buying and selling.

2️⃣ I left 2050 USDT in my wallet, directly maxing out the buy and sell orders. The speed is actually faster than using the wallet.

3️⃣ In practice, the cost for a round trip of 2050 USDT was 0.4 USDT, which is similar to the wallet's cost, but it saved a bit on gas fees on the BSC chain, and there was 4 times the trading volume (2 times for the wallet), meaning you can earn a bit more each day with the same cost.

I recommend using USDT for trading, as USDC incurs slightly higher costs due to depth issues.

Also, if you're using CEX limit orders, it's best to monitor the market on another phone. If the transaction speed slows down, you need to be cautious and just hope you're not around when a sharp drop occurs.

Additionally, I found a problem—

For the 2050 USDT I prepared, I set the limit order to max out, but the transaction records show that I only bought and sold 2030 USDT.

In this case, should my actual trading volume be calculated as 2030×4 or 2050×4? 🤣🤣

@binancezh

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