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What Are the Advantages of Using an Iceberg Order over a Simple Series of Small Market Orders?

An iceberg order is advantageous because it maintains a single price point for the entire block trade, ensuring a better average execution price than a series of market orders, which would progressively move the price against the trader. It also offers automation and better queue priority on the order book than manually placing multiple small market orders over time.

Explain the Concept of ‘Iceberg Orders’ and Their Effect on Perceived Liquidity
How Does ‘Price-Time Priority’ in an Order Book Compare to Fee-Based Priority in a Mempool?
Does Slippage Only Occur on Stop-Loss Market Orders, or Also on Limit Orders?
Does a Hybrid Model Offer Better Security than a Pure PoW or PoS System?