A batch transaction in cryptocurrency refers to a grouping of multiple transactions that are processed together at the same time. This type of transaction allows for more efficient use of network resources and can decrease fees for users, as it consolidates multiple transactions into one.
By bundling together multiple transactions, batch transactions can help alleviate congestion on the network and improve overall processing speeds. This can be especially useful during times of high traffic when individual transactions may face delays or higher fees.
Overall, batch transactions are a way to optimize the efficiency of the network and reduce the costs associated with individual transactions. They are commonly used by exchanges, wallets, and other platforms to manage a high volume of transactions in a more streamlined manner.
