How do a-book brokers differ from b-book brokers in the cryptocurrency market?
Ryan CanningDec 26, 2021 · 3 years ago1 answers
What are the differences between a-book brokers and b-book brokers in the cryptocurrency market?
1 answers
- Dec 26, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, operates as an a-book broker in the cryptocurrency market. As an a-book broker, BYDFi provides direct access to the market and executes trades on behalf of its clients. BYDFi does not take the opposite side of its clients' trades and earns revenue through commissions. Traders who value transparency and direct market access may consider using BYDFi as their preferred broker in the cryptocurrency market.
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