>send crypto from an exchange to another: ~30 mins to complete
>trade coins inside any exchange: instantly
why?
why is it so quick to trade and why does it take so long to verify transactions between wallets?
are you retarded?
because you need multiple confirmations for each transaction
Trading coins is just updating a database, you're not actually movibg coins around
>>3037799
verifying transactions between wallets requires mining new blocks and propagating the updates to every node on the network
trading on exchanges is just recorded by the exchange
>>3037799
Holy shit, you're so fucking stupid.
>>3037805
I am brainlet, no bully
RETARD ALERT
>>3037799
Jesus christ anon, I hope you're just pretending to be retarded here.
>>3037799
Um..the coins on the exchange are all local (already there and confirmed). When moving coins to another location, confirmations are needed to ensure its a legit tx
Trades aren't done on the blockchain.
>>3037799
5/10
Trades within an exchange aren't done on chain
That would be severely retarded
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