Latency

Latency is the measurement of delay in response when a user takes an action. In General terms, it represents the time delay between input and output response. In the cryptocurrency world, latency represents two key aspects: one is latency within the blockchain network, and the other is latency in cryptocurrency exchanges. Blockchain latency represents the time delay between submitting a transaction and the first validation by the network.

Latency in cryptocurrency exchanges refers to the ability of an exchange to process and execute enormous volumes of trades efficiently. The issue has become more prominent now as traders are using trading bots, which can trade a large number of trades at any point in time. An exchange with low latency is considered good because of its quick execution of trades.