Unlock Faster BSC Trades: Set Up Custom RPC Today
Discover how setting up a custom RPC can supercharge your Binance Smart Chain trades and help you capitalize on market movements faster.
As decentralized finance (DeFi) continues to flourish, the Binance Smart Chain (BSC) has experienced remarkable growth. Recent trading volumes have surged past $2 billion amid a fluctuating crypto market, underscoring the need for quicker execution of trades to seize those fleeting opportunities.
However, the rising congestion on the BSC network has significantly impacted transaction speeds and success rates. This means you need to act fast and optimize your setup for efficiency, particularly during peak trading hours when delays are more common.
In this article, youβll discover the benefits of setting up custom RPC endpoints, a step-by-step guide for the setup, and some strategies to enhance your trading speed on BSC.
π― KEY INSIGHT
In Q4 2023, the average transaction time on BSC dropped to 2-3 secondsβa significant improvement from 12 seconds earlier in the year. Setting up custom RPCs can further reduce this time.
Remote Procedure Calls (RPCs) act as the bridge between your local wallet and the blockchain network. Essentially, they enable you to send and receive transactions without the hassle of running your own node.
RPCs are crucial in determining how quickly your transactions get confirmed. Using a standard RPC can often lead to increased latency, especially during those busy trading times.
There are several RPC providers that offer custom solutions tailored specifically for BSC. Here are three of the most popular:
Before jumping into the setup, make sure you have the following:
Once you've got these prerequisites in place, you're ready to dive in and optimize your trading experience on BSC!
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