When we sell our cryptocurrencies at exchanges we can choose to sell instantly for the currently price the asset is being traded on the exchange, or we can open an order, defining the price we want to sell our coins.
I observe real time exchanges' rates are inferior to the general market price I find on google, and that is acceptable, since each exchange will have different rates depending their trading volume, although it always feel like you aren't selling your coins for the fair price.
So, what do you prefer, to sell your coins instantly for less or to open an order and profit a slight better margin, reaching the general market's prices rates?
Technically it's not about trading volume but liquidity. Just choose an exchange with enough liquidity so that your market sales won't be affecting the price.
Choosing to sell via limit or market order depends what you are doing. If you have an exit target you could set up limit orders, or even an iceberg order. If you just want to get out, you can slowly just market sell and save time. But again, liquidity is the key, there's no point trying to sell something even with limit order when there's not enough buy orders. And if you would do that you would have to wait that someone would use your limit order via arbitrage trading. It's just better to use legit sites with good liquidity and save time.
