How to Get Best Prices on Your Trades: Use a Platform with Traditional Market Integration + Best Price Routing
If you’re a traditional asset trader dipping your toes into crypto, or a crypto trader looking to diversify into traditional assets, you’ve probably noticed some inefficiencies and barriers in trading between these markets. Having a healthy portfolio of traditional and digital assets, and finding the best price trades between the two, requires tremendous time and expertise. Additionally, cross-asset trading is cumbersome in that one cannot simply trade cross-asset pairs; for instance, Apple stock (AAPL) for XRP. This leaves traders with two options: either create multiple accounts across the traditional and digital asset markets and trade blindly, ignoring the fact that a better price is attainable — or, spend hours analyzing the best routes for each pair across multiple accounts.
1Konto: Combining Traditional Market Integration + Best Price Trades to Simplify Trading
One of the primary benefits 1Konto will provide is the ability to trade custom-asset pairs under one account. This means you could buy AAPL with XRP, Bitcoin (BTC) with Facebook stock (FB), or any other combination of stocks, bonds, ETFs and more — all without leaving the 1Konto platform.
What good is trading these custom pairs if you still have to spend hours figuring out the optimal trading path to secure the best prices? Well, we thought of that too: instead of wasting time analyzing prices across exchanges and obsessively testing trading routes in an attempt to get the best execution, the 1Konto order routing algorithm finds you the best trading route and venue, behind the scenes, across all markets. 1Konto then executes the trade to get you the best price available; whether it be from AAPL to XRP, or FB to BTC, all across a myriad of big and small exchanges. All you have to do is pick your pair and click trade. 1Konto will find the best route and execute it, saving you hours of research and keeping the extra dollars in your pocket.
How we’re achieving this:
Any ol’ company can claim they possess the answers to the financial world’s greatest ailments. But we know talk is cheap — that’s why we wanted to show you how we plan on achieving all this. Our CTO and his team have built a proprietary order routing system called Teloneum, which seamlessly breaks up orders and routes them through multiple paths to provide the best possible execution price. Teloneum, combined with our custom asset pairs solution, seamlessly enables bridging the gap between traditional and crypto markets all in a single click. We covered this technology extensively in our back end demo reveal article, and you can see it at work here:
With this system, we’re bridging the gap between traditional markets and digital assets, and doing all the work, on the backend, to get you the best price. On the front end, you select your first asset (AAPL, FB, BTC, ETH, etc.), your second asset (XRP, AMD, USD, etc.), then click “trade.” Best of all, you’ll have the comfort of knowing that with one click, you are receiving the best price possible.
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About 1Konto
1Konto (German for “one account”) is in process of becoming the first to connect traditional and digital assets through one-click trading. We focus on increasing adoption of digital assets, reducing friction in ownership and bridging the new crypto world and the traditional financial markets all at the best price via our proprietary algorithm.
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