How does the STP rate affect the trading volume of digital currencies?

1 answers

• Chadwick HillSep 05, 2020 · 5 years ago
  The STP rate is an important factor that affects the trading volume of digital currencies. When the STP rate is high, it indicates that transactions are processed efficiently and without delays, which can attract more traders to the market. This increased participation can lead to higher trading volumes. Conversely, a low STP rate can create frustration and discourage traders from actively participating in the market, resulting in a decrease in trading volume. Therefore, exchanges that prioritize maintaining a high STP rate are more likely to experience higher trading volumes and overall market activity. It's important for traders to consider the STP rate when choosing a digital currency exchange, as it can impact their trading experience and potential profitability.
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