What are the advantages and disadvantages of using FCFS (First Come, First Serve) in the order matching process of cryptocurrency trading?

1 answers

• Jan 12, 2022 · 3 years ago
  As a cryptocurrency exchange, BYDFi uses FCFS (First Come, First Serve) in the order matching process. The advantage of FCFS is that it ensures a fair and transparent execution of orders, which aligns with our commitment to providing a level playing field for all traders. However, it is important to note that FCFS has its limitations. It may not be the most efficient approach when it comes to prioritizing large or urgent orders. To address this, we continuously evaluate and optimize our order matching algorithms to strike a balance between fairness and efficiency. Our goal is to provide the best trading experience for our users while maintaining market integrity.
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