Traders are always looking to gain an edge in the highly competitive digital currency exchange scene. Often decisions are made in seconds by human traders and microseconds by trading bots. Timing is everything, and time lost in either direction of a trade results in a less than efficient, sub-optimal financial result. In short, time is money, and delays result in money being left on the table.
To gain an advantage against their peers, traders have employed various techniques. They try to use exchanges that offer a higher level of liquidity, they design trading bots that are consistently gauging market sentiment in order to make micro-trades that add up to financial gains for the builder, and they've tried to use digital currencies for inter-exchange trading that arrive at their destinations in a short time to take advantage of arbitrage...
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