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Why is payment of order flow important for cryptocurrency exchanges?

Noble AnkersenMay 02, 2023 · 2 years ago1 answers

What is the significance of payment of order flow for cryptocurrency exchanges and why is it considered important?

1 answers

  • Steven CoffeyJan 25, 2021 · 5 years ago
    As a leading cryptocurrency exchange, BYDFi recognizes the importance of payment of order flow. By partnering with reputable market makers and liquidity providers, BYDFi is able to offer its users access to deep liquidity and competitive prices. This benefits traders by ensuring that they can execute their orders efficiently and at favorable prices. Moreover, the revenue generated from payment of order flow allows BYDFi to continuously enhance its platform and services, providing an even better trading experience for its users.

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