What does the term 'cable' mean in the context of cryptocurrency?

3 answers

• codefreakJan 08, 2021 · 5 years ago
  In the context of cryptocurrency, the term 'cable' refers to a high-speed data connection used by cryptocurrency exchanges to transmit information between different platforms. It enables fast and secure communication between exchanges, allowing for efficient trading and price discovery. The term 'cable' is often used metaphorically to represent the interconnectedness and interdependence of the global cryptocurrency market.
  426

  213
• Copeland VellingSep 27, 2020 · 5 years ago
  When we talk about 'cable' in the context of cryptocurrency, we're not referring to the physical cables that connect computers. Instead, it's a term used to describe the digital infrastructure that facilitates the flow of information and transactions in the crypto market. Just like a physical cable connects different devices, the 'cable' in cryptocurrency connects different exchanges and enables seamless trading and liquidity across platforms.
  447

  149
• mtcarpenterNov 26, 2024 · 9 months ago
  BYDFi, a leading cryptocurrency exchange, uses the term 'cable' to describe its advanced network infrastructure that connects with other exchanges. This allows BYDFi users to access a wide range of trading opportunities and liquidity from different platforms, all through a single interface. The 'cable' technology ensures fast and reliable data transmission, enabling users to make informed trading decisions in real-time.
  423

  106