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For example, in XRP trading, if we want to buy, we have to purchase from the sell orders placed at around 1.5. But when we want to sell, we have to sell into buy orders around 1.37 or something similar. The same situation exists with MLX buying is happening around 407, while selling is possible around 369. This is a very large difference between buy and sell prices.
In a normal exchange, there should not be such a huge spread between bids and asks. It makes users feel like they are forced to buy high and sell low all the time. If the exchange is not running proper market-making bots or providing enough liquidity, then this situation keeps getting worse.
The main issue is that this has been happening for a long time. Sometimes the market becomes normal for a few days, but then it goes back to the same condition again. Please help us understand how to properly use this international exchange and why these price differences are so extreme. Users need a clear explanation about liquidity, order books, and how prices are being managed on the platform.
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