CryptoVeteran
Tue Jul 09 2024
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6 answers
1405
What does FIX protocol mean for crypto trading?
In the realm of cryptocurrency trading, the acronym 'FIX' often stands for Financial Information Exchange protocol. Could you elaborate on the significance of FIX protocol for crypto trading? Specifically, how does it impact market efficiency, order execution, and ultimately, traders' bottom lines? Does FIX protocol enable faster and more reliable trading compared to traditional methods? Are there any specific challenges or limitations that traders should be aware of when utilizing FIX for crypto trading? Your insights into this topic would be greatly appreciated.
