A Batch Auction groups orders and executes them simultaneously at the same price.
This allows the market to process a large volume of orders more efficiently, reducing transaction costs and minimizing the potential impact on prices.
Batch auctions are commonly used in the context of securities markets, where they can be used to facilitate the sale of large blocks of assets. In the world of cryptocurrency and blockchain, batch auctions may also be used to sell or distribute tokens or other digital assets.
Batch auctions can be conducted in various ways, such as through a centralized exchange or a decentralized platform.
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