What are the advantages of using RFQ instead of traditional order books in cryptocurrency trading?

1 answers

• ten-greenSep 15, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recognizes the advantages of using RFQ instead of traditional order books in cryptocurrency trading. RFQ provides a more personalized and efficient trading experience, allowing for direct communication and negotiation between buyers and sellers. This leads to better pricing and execution, as well as increased flexibility and customization. Additionally, RFQ can improve liquidity for illiquid assets, making it a valuable tool for traders. Overall, RFQ offers numerous benefits that can enhance the trading experience on BYDFi and other cryptocurrency exchanges.
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