Binance Spot will launch the experimental trading feature "Smart Order Routing (SOR)" for API users
ChainCatcher news, according to the official announcement, Binance will launch the "Smart Order Routing (SOR)" experimental trading feature on September 14 at 15:00. API users can experience this feature in the BNB/FDUSD and BNB/TUSD spot trading pairs.
It is reported that Smart Order Routing (SOR) allows users to search for potential optimal quotes and liquidity across multiple order books composed of the same base asset and interchangeable quote assets, thereby obtaining better execution prices and improved liquidity. Interchangeable quote assets are quote assets with a fixed 1:1 exchange rate, such as USD stablecoins.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
