The impact of transaction approval on crypto currency trade speed
The crypto currency has changed how we think of transactions and trade. It is no wonder that with their fast, decentralized and secure nature, many investors used digital currencies such as Bitcoin, Ethereum and others to buy, sell and sell other property.
However, one of the main aspects of cryptocurrency trade is the approval of transactions. Although this procedure is essential for creating confidence between the parties, it can also affect the speed of trade in different ways. In this article, we will study the impact of transaction approval on trade speed in cryptocurrency, studying its impact on market efficiency and liquidity.
What is the transaction confirmation?
The transaction certificate refers to the procedure by which the buyer sends a cryptocurrency in the seller's purse after he agreed to buy it at a certain price. This certificate is usually made using a third part service provider known as Blockchain Network, such as Bitcoin's Lightning Network or Ethereum's Gateway.
Effect of Transport Confirmation
There are several reasons why transaction approval can affect trade speed:
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Increased latency : Affirming the transaction may cause delay in the settlement process, which can increase latency and slow trade speed.
Higher fees : Pressing a high level of transaction approval can lead to higher costs for both customers and vendors, reducing their overall profit norm.
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Reduced liquidity : Insufficient or delayed transaction approval can limit participation in the market by reducing the availability of liquidity and increasing the time required for the position.
A thing related to high transaction approval
While some may claim that there is a high business certificate to ensure security and trust in cryptocurrency markets, there are several defects for this approach:
Reduced trade speed : A higher level of transaction approval can lead to increased latency, which adversely affects the speed of trade.
Increased cost : Insufficient or delayed transaction confirmation can lead to higher fees by reducing craft profitability.
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A thing related to very low transaction approval
On the other hand, some claim that very low transaction approval levels can improve the speed of trade, allowing faster settlement:
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Increased latency : A faster transaction certificate can lead to faster sales settlement and increased trade speed.
lower fees : Lower business certificates can cause lower fees and customers and vendors, which make the cryptocurrency market more accessible to a wider range of participants.
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The best approach? 
Although there is no solution for all sizes, the best approach seems to find a balance between the transaction certificate and the speed of trade:
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Use a standardized transaction certificate : A standardized transaction approval certificate can help all parties have enough time to complete transactions without excessive delay.
Economic Solutions : Economic transaction certificate, such as the use of adorable or multiple blockchain networks, can help reduce fees and improve trade speed.
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