RE: Bitcoin BTC Jan 28 Midnight Update

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Bitcoin BTC Jan 28 Midnight Update

in bitcoin •  7 years ago 

Thanks for the great content! You mentioned a hidden order, what's the benefit of this?

Cheers

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a hidden order hides it from the order books. the actual amount is not shown. sometimes if one person sees another person stack larger amounts (large is relative), others may join in and create walls that I don't want up. but a hidden order hides all of this from the books. I use it often when my limits are large.

Thank you so much for the reply Phil, I wasn't aware you could even do that. Makes sense though!