Why do some digital asset exchanges still rely on floor trading with human brokers?

3 answers

• Golnaaz MirzaeeFeb 21, 2023 · 2 years ago
  Some digital asset exchanges still rely on floor trading with human brokers due to the need for personalized and high-touch services. While automated trading has become prevalent in the digital asset industry, there are still traders who prefer the human touch and value the expertise and guidance provided by experienced brokers. These exchanges believe that human brokers can offer a level of customer service and support that cannot be replicated by algorithms or automated systems.
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• Rice SchaeferNov 08, 2021 · 4 years ago
  One possible reason for the continued reliance on floor trading with human brokers is the issue of trust. In the digital asset industry, where security and trust are paramount, some traders may feel more comfortable working with a human broker who they can establish a personal relationship with. Human brokers can provide a sense of security and accountability, as they can be held directly responsible for any issues or errors that may occur during the trading process.
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• StarCosmozJan 18, 2021 · 4 years ago
  At BYDFi, we understand the importance of human interaction in the trading process. While we embrace technology and automation, we also recognize the value of human brokers. Our platform combines the best of both worlds, offering a user-friendly interface for automated trading while also providing access to a team of experienced brokers who can offer personalized assistance and support. We believe that this hybrid approach allows us to cater to the diverse needs and preferences of our users.
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