blockchainreporter.net
CEX.IO, a prominent centralized exchange, has unveiled its new trading platform update for enhanced and efficient liquidity. This update adds a new level of liquidity aggregation capability to upgrade trading effectiveness at the global level. Through this update, users will benefit in terms of efficient and predictable trading.
CEX.IO Boosting Liquidity and Trading Efficiency at Global Level
The new aggregation engine allows the company to incorporate external sources of liquidity into the platform to help CEX.IO spread and gain greater depth. Additionally, it guarantees lower fees for trading pairs. The new engine allows users to trade a single order across several institutions to provide competitive prices or liquidity. This feature ensures CEX.IO users get satisfactory trading encounters.
Since the launch of the new infrastructure, CEX.IO has significantly increased its market share. Kaiko’s report reveals that CEX.IO is now among the top five centralized exchanges in liquidity at the 2% depth level. Rich Evans, Managing Director at CEX.IO, emphasized the importance of flexibility and stability in today’s volatile market. He emphasized new solutions to amplify liquidity pooling services and provide convenience, clarity, and understandability to meet contemporary trader needs.
CEX.IO’s Commitment to Flexibility and Stability
This update can be implemented in spot trading for all regions CEX.IO, EEA, and the US currently serve. Furthermore, the platform supports leveraged margin trading in areas, such as the Philippines, South Africa, and Jamaica subject to local regulations.
CEX.IO evolved from a Bitcoin mining pool to a Bitcoin and other cryptocurrencies trading platform. It has more than 15 million registered users and no regulatory requirements. This gives it 40 licenses and registrations worldwide, which secures the firm’s future in the crypto space.
These new results reinforce CEX.IO’s commitment to increasing trade effectiveness and user satisfaction. CEX.IO remains the leader in the field, withstanding competition through a range of products and services and compliance with the high requirements of different countries’ legislation.