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>send crypto from an exchange to another: ~30 mins to complete

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Thread replies: 16
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>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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>>
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>>
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I JUST MADE 15 PERCENT ON MY FIRST SUCCESSFUL DAY TRADE USING MY NEW STRATEGY

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Thread posts: 16
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