Binance Expands Spot Order Routing Across Five Quote Markets
Photo: TokenPost
Binance has expanded Auto Order Routing to selected spot pairs across five quote markets, allowing eligible orders to seek a better quote through an intermediary pair when direct liquidity is thin. Binance introduced the feature on Sept. 14 for Bitcoin (BTC) against the Brazilian real (BRL), then added U-quoted spot pairs on Oct. 12. Selected pairs quoted in U, USD, USD1, USDC and BRL now support routing. Eligibility applies to particular pairs, rather than every spot market using those quotes. The tool compares the direct order book with an intermediary route before execution.
Source: TokenPost
