I sold some crypto to buy back later if it goes down. It’s down but the spread is .33. Meaning the price was $4.28 but to convert usdc to it was 4.51. Can make any money swing trading with those margins.
It seems like it used to be .03-.05 difference plus their fee. I get that but .33 really???
Plus when I sold it there was about a .12 difference from price and sell price.
I get these exchanges are hurting- but is gouging us the best practice?
Is there a cheaper way I am missing?
Please don’t DM me. I won’t be accepting any.
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