Understanding the Role of Order Matching Engine in a Centralized Crypto Exchange

Exchangedevelopment23 Jan, 2024Business

In the dynamic crypto trading landscape, centralized exchanges serve as the backbone for the buying and selling of digital assets. At the core of these exchanges lies a mechanism known as the order matching engine. This critical component functions as one of the crucial components of the trading platform, enabling seamless execution of trades by adeptly matching buy and sell orders. Let us gain insight into the purpose of a matching engine and what makes it a critical part of centralized crypto exchange development.