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Backward Compatibility is the ability of a system to work with older versions.

Backward Compatibility is the ability of a system or software to function with older versions or legacy systems. In crypto/fiat exchanges, this ensures that new updates or features do not disrupt existing operations or user experiences. It allows users to continue using older software or systems without mandatory upgrades. This is crucial in maintaining user trust and ensuring seamless transitions when implementing new features or protocols. Backward compatibility helps preserve investments in existing technology by allowing gradual upgrades, minimizing disruptions, and ensuring a smooth evolution of the platform over time.