One of Dynamic Technologies’ biggest differentiators from the market is that we provide an aggregated order book and source price data from 10+ cryptocurrency exchanges.
An order book is a digital record of buy and sell orders for a particular asset, such as a cryptocurrency. It is used by an exchange to match buyers and sellers and execute trades.
An aggregated order book is a combined view of the order books from multiple cryptocurrency exchanges. It is a data feed that takes the bids and asks from several different exchanges and compiles them into a single view. This allows for a more comprehensive view of the market and can help traders to find the best prices for their trades.
The advantages of having an order book with quotes from several major exchanges include:
It's worth noting that the availability of aggregated order books is not very common in the cryptocurrency market and it's still a developing technology. Some trading platforms are offering this feature, but not all of them. It is important for traders to research and find a reputable platform that offers this feature before using it.
The Dynamic Technologies provides traders with the aggregated order book to help them get filled at the most competitive prices in the market.