BrewMaster
Legendary
Offline
Activity: 2128
Merit: 1293
There is trouble abrewing
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January 20, 2018, 03:39:21 PM |
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well it depends on many factors and remember there is a difference between execution of an order and the order getting filled.
when you execute the order it virtually takes no time to reach the Binance server and be placed in their database. it is a tiny amount of data you are sending them (a couple of bytes) so even with a slow internet speed it only takes a second. so it depends on your internet speed and latency to "Post" that request and then it depends on their server computer to receive it, gets your information from their database, checks the MD5 hashes to see if you used the right private key and then acts based on the request, generates a response and gives it back to you.
i have never actually measured this but i think (based on experience) the whole thing is about 1 second. and during server over load time it can take forever!
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