Poloniex launches new trading system focused on speed, stability and usability
Cryptocurrency trade Poloniex has launched a brand new buying and selling system to supply customers with better stability, velocity, and value.
The brand new buying and selling system relies on a “next-generation” matching engine which elevated the trade’s order matching velocity by 30x, the trade mentioned in an Aug. 1. press launch.
It additionally enhanced transactions per second by 10x whereas decreasing latency by over 5 occasions, Poloniex claimed, including that it has plans for additional enchancment after launch.
Based in 2014, Poloniex provides spot and futures buying and selling in almost 100 nations and areas.
Poloniex has additionally redesigned its software programming interface (API) to make it user-friendly and supply better velocity and extra options, the press launch said.
In accordance with the press launch, the brand new buying and selling system has a better fault tolerance, which ensures the continued performance of different modules when one of many modules fails.
Poloniex additionally claims that the brand new system enhances scalability with no required downtime for upgrades. This means a major enchancment of its capability to sort out site visitors upticks with none compromise on stability and consumer expertise, the corporate mentioned.
TRON founder Justin Solar, who invested in Poloniex in 2019, mentioned within the press launch:
“As one of many world’s oldest crypto exchanges, Poloniex has made spectacular strides in optimizing its system and can proceed to deliver an unimaginable buying and selling expertise to retail {and professional} merchants.”
The brand new buying and selling system has additionally added new options, together with market order, stop-market order, and a candlestick chart. The corporate mentioned that the trade plans so as to add extra functionalities similar to margin buying and selling, lending, staking, incomes options, and buying and selling bots sooner or later.
