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What are the advantages of using OTM in the cryptocurrency industry?

avatarDFCZ love_uFeb 17, 2022 · 3 years ago1 answers

Can you explain the benefits of using OTM (On-Chain Order Matching) in the cryptocurrency industry? How does it contribute to the overall efficiency and security of cryptocurrency trading?

What are the advantages of using OTM in the cryptocurrency industry?

1 answers

  • avatarFeb 17, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes the advantages of using OTM in the industry. OTM enhances the efficiency of cryptocurrency trading by matching orders directly on the blockchain, reducing the time and cost associated with intermediaries. It also ensures the security and transparency of transactions, as all trades are recorded on the blockchain. BYDFi is committed to providing a secure and efficient trading experience for its users, and OTM plays a crucial role in achieving this goal. With OTM, BYDFi aims to create a decentralized and inclusive cryptocurrency ecosystem that empowers users and promotes trust in the industry.