The lightening fast trades in binance and bitmex look amazing. What technology makes them so super fast.
Binance or bitmex speed is nothing compared to forex speed. And forex is based on technology from a dozen years before. So its not something new and amazing to see. Its strange to see that other exchanges can't handle traffic even now when we are in bear market.
Maybe the technology behind the function of Binance and Bitmex is old, but there is something unique about it. Else it could've been same as the exchanges that's been mentioned in the quote, which are struggling to handle even the present bear market traffic. These exchanges keep themselves updated, and recently Binance has planned to develop the exchange on blockchain.