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Buying and selling

What is price impact?

Price impact is how much your own trade moves the price. On a bonding curve every buy pushes the price up and every sell pushes it down, so a bigger order has a bigger impact. Early on, when there are few trades, one order can move the price a lot.

Several smaller orders often fill better than one large one. Read the quote before you confirm. It shows what you pay and about what you get.

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