SIGEN is a cryptocurrency trading platform. Exchange, P2P platform and exchanger

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Hidden Order: Why You Need It and How You Can Submit It

For certain reasons, some investors prefer to hide large-size orders submitted for trading. These orders are the so-called “hidden orders”.

A hidden order allows the trader not to display the real number of buy / sell transactions for large amounts of cryptocurrency. This order is not displayed in the order book.

Creating a hidden order on Sigen.pro

On the Sigen.pro cryptocurrency exchange, you can create a hidden order whenever you fill up the “Buy” or “Sell” request. You can just tick the relevant checkbox, and the market players will not see your order.

According to research, hidden orders are a manifestation of growing trading activity on the market.

Finding a hidden order

Observant traders may notice the exchange has a hidden order out there. If you can see a certain number of buy or sell requests, but you can actually buy or sell more at the indicated price, it means a hidden order has been activated.

Moreover, the total volume of the order book will be larger than the amount of all visible orders. Finding hidden orders may be useful to amend the forecast for the cryptocurrency exchange.