2026-01-05 22:21:26

A few days ago, I encountered a pretty frustrating situation. In early January, I bought some ASTER at a price of 0.75. I was planning to sell when it rebounded, and by the next early morning, I checked the market and saw ASTER had already risen to around 0.779-0.78, so I thought I could make a small profit. But when I opened the K-line chart on a certain exchange, the platform showed the price stuck at 0.76, which was quite a bit lower than the actual market price.

I had a position of 125,000 ASTER in my account, and I wanted to sell at market price directly, but the system wouldn't allow it—insisting I place a limit order, and I could only set it at the platform's displayed highest price of 0.76. That was really unreasonable; the market was trading at 0.78, but I could only sell at 0.76. In the end, I had to accept this price, losing nearly 1% of potential profit.

This experience makes me wonder: how does the discrepancy between the platform's displayed price and the actual transaction price occur? Is it due to insufficient liquidity? Or is this just standard practice on some exchanges? For retail investors, such price differences can really affect their mindset.

ASTER-4,45%

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CrashHotline

· 01-08 10:55

This exchange is really outrageous. The huge price difference is just ripping off retail investors.

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WalletWhisperer

· 01-05 22:43

ngl this screams liquidity fragmentation across order books... your exchange was probably operating in a dead zone while real price discovery happened elsewhere. classic case of platform inefficiency creating arbitrage gaps that only hurt retail. the 1% slip on 125k position? that's textbook slippage pattern most CEXes won't even acknowledge exists.

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PumpAnalyst

· 01-05 22:34

This platform is clearly taking a cut. What can I say [sigh] --- Bro, this is the usual routine of small exchanges to cut the leeks. --- 125,000 yuan was directly robbed of 1%. If it were me, I would have already complained to customer service. --- Poor liquidity is just an excuse. This is blatant slippage setting. Retail investors are really too disadvantaged. --- The market is 0.78 but you can only sell at 0.76. Isn't this just the market maker leaving arbitrage space for themselves? --- When you see such price deviations, you should run immediately. Don't wait to be harvested. --- Doing intraday swings on such platforms will eventually lead to trouble. Where is everyone's risk control awareness?

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