Difference in trading cryptos and stocks #5
The lack of price consistency across exchanges & order protection – With stocks, you are guaranteed by the SEC that your limit orders are not filled by a worse price than the best offer or best bid across all exchanges. With cryptocurrencies, the best bid offer is all over the place, and exchanges have no legal obligation to price match or price improve and as a result, picking a good exchange is extremely important for trading cryptocurrencies as well as stocks.