KAIA -> deposit address -> hot wallet
Funding: P2P trading, Spot: deposit address.
only once move from deposit to hot wallet internal operation, so there are no transactions next. exchange would use DB. → maybe batch process.
Why does an exchange need its blockchain node? → third-party issue.
How is a deposit wallet created? → HD wallet.
Exchange monitors a deposit wallet to detect receiving tokens like ETH.
Periodically, the exchange executes the batch process that sweeps funds into a hot wallet.
Why need batch process: overhead and lower gas fee.
When a user withdraws their funds, the exchange does his funds from a hot wallet
Limit order: an order placed at a specific price.
KAIA ↔ ETH
참고자료