Bitfineon: A Next-Gen Exchange Platform released BETA
Trade on the fastest matching engine ever built.
First masternode-powered financial exchange BETA version began rolling out on Sunday.
Swiss licensed and regulated by FINMA, EU licensed and regulated by BaFIN crypto and fiat trading platform Bitfineon is based in Germany.
Bitfineon has been developed from scratch and includes a revolutionary matching and trading engine that executes trades in a unique manner which decreases latency to nearly instantaneous execution, regardless of the number of pairs being traded.
With its unique software architecture, which utilizes GPU processing instead of the legacy standard CPU method, they have been able to achieve benchmarks of 63mm tx/ps, scalable in 2mm tx/ps increments where hardware restrictions are remedied. They anticipate Bitfineon’s engine will become the standard for crypto exchanges, and for traditional financial market exchanges as well.
24/7 professional support team, fast-turnaround KYC department, direct bank payment integrations, and simplified checkout process will create a hurdle-free environment and promote outside participation.
Bitfineon will connect traders with new investors, liquidity providers with merchant demand and payment processors with 3rd party service providers to create a frictionless transfer of capital across the ecosystem. With Bitfineon doing the heavy lifting in the background, anyone will be able to create an account on their regulated platform and find that paying for everyday items using ALQO is easier, faster and cheaper than with their traditional payment channels.
With Bitfineon ultra-fast proprietary trading engine, enhanced order fulfillment feature, in-house banking API engine making Bitfineon fiat deposits and withdrawal arguably the fastest in the industry, SharePool revenue sharing program, and customizable high-volume trading contracts, there’s very little chance that anyone will be left wanting or seeking a 3rd party platform to satisfy their needs.
Compared to various other higher value / higher profile projects, the fundamentals established by this team are totally leaving others in the dust not to mention the power of their quality open communication.
Although the full features of the beta released have not been disclosed, users should expect functional registration, login and exchange pages. Other features charts, order books, and history will be added on-the-go (on a 2–3-day basis). The purpose of releasing features in bits is to test the stability of the exchange and to easily detect bugs.
The BETA version comes with the auction feature so community members will have the opportunity of participating in commercial activities while testing the system. Provisions would be made for suggestions.
You can check out and sign up here: https://beta.bitfineon.com
Author: Marko Vidrih
Image credit: Bitfineon
