Bitget Posted Up To 58% Lower Slippage On $50,000 Orders, CryptoRank Says
Bitget offers up to 58% lower slippage on $50,000 orders, according to a CryptoRank study, positioning it as a leader for traders managing large investments.
In a recent study conducted by CryptoRank, Bitget has emerged as a leader in minimizing slippage on large tokenized stock orders. This finding could significantly impact how traders approach the market, especially when managing substantial investments.
How Much Lower is Bitget's Slippage?
The CryptoRank study revealed that Bitget recorded up to 58% lower slippage on $50,000 orders compared to its competitors. This substantial difference highlights not just Bitget's competitive edge, but also its commitment to providing better execution quality for traders.
What Assets Were Tested?
Researchers focused on four major assets: NVIDIA, Microsoft, Meta, and Tesla. These stocks were selected because they all maintained valid two-sided order books across every exchange examined. In both the $10,000 and $50,000 order categories, Bitget consistently led the way.
Why is Lower Slippage Important?
Lower slippage is critical for traders because it means that the price at which an order is executed is closer to the expected price. This can result in better overall returns, especially in large trades where even slight deviations can lead to significant losses.
What Contributed to Bitget's Success?
According to the study, Bitget's strong performance can be attributed to its liquidity setup. By pairing its order books with underlying NYSE and NASDAQ markets, Bitget was able to achieve the highest balanced displayed liquidity within 50 basis points. This innovative approach enhances liquidity and minimizes the likelihood of slippage.
What's Next for Tokenized Equities?
The tokenized equity space is growing rapidly, now holding close to $2 billion on-chain and encompassing more than 471,000 holders. Gracy Chen, CEO at Bitget, mentioned, "Tokenization is moving beyond access and into infrastructure", emphasizing how execution quality and market infrastructure will shape the next phase of this market.
What is the Stock+ Offering?
To capitalize on this growth, Bitget has expanded its offerings with its Stock+ service. This feature allows eligible users to access more than 500 tokenized stocks, ETFs, and commodities from a single account. Stock+ also enables 24/7 trading and fractional investing, paired with liquidity directly tied to the NYSE and NASDAQ.
What Regulatory Moves Has Bitget Made Recently?
This week, Bitget took an important step in its expansion by registering for five regulated money services in New Zealand. This move not only strengthens its regulatory compliance but also enhances its foothold in the global market.
Key Takeaways
- Bitget reported up to 58% lower slippage on $50,000 orders according to CryptoRank.
- The study tested four major stocks: NVIDIA, Microsoft, Meta, and Tesla.
- Bitget’s liquidity setup, which combines order books with NYSE and NASDAQ markets, contributed to its success.
- Tokenized equities are nearing $2 billion on-chain with over 471,000 holders.
- Bitget’s Stock+ service offers access to 500+ tokenized assets with fractional investing options.
As the crypto landscape evolves, platforms like Bitget are paving the way for innovative trading methods and improved execution quality. For traders looking for competitive rates and lower slippage on their orders, checking out Bitget could be a wise move. You can explore their offerings today and enjoy exclusive bonuses by visiting Bitget's referral page on Velora88.