A Trading Revolution by 50x.com: Incredible Technology is Changing the Way We Think About Trading.

2019-10-21 14:16

The world’s first and only cryptocurrency exchange with the Any2Any technology has successfully completed beta testing of the third version of the quantum trading core with a built-in liquidity flow that will completely change the notion of exchange trading.

Surprisingly, all modern exchanges, like hundreds of years ago, still use fixed trading pairs, which are in no way connected at the level of the trading core and the order matching system. Each orderbook only contains orders placed in a specific pair. Although hundreds of cryptocurrencies have emerged, you won’t be able to directly exchange one for another on an exchange, where prices are set by the users themselves – you will need to change it first into one of two or three “base currencies” supported by the exchange, and then transfer it to another, or use the services of exchangers, arbitrageurs, thus having to pay increased fees.

The result of three years of development by the 50x.com team was an innovative trading core based on cloud technology and quantum principles for combining orders: although the concepts of a trading pair are preserved at the user level and the interface is completely identical to a regular exchange, all orders inside the core exist in a single space and do not have a firm connection between a seller and a buyer, combining the maximum number of orders in all trading assets simultaneously.

According to the developers themselves, it is impossible to confidently predict the progress of execution after another order has been added, since any new order adds liquidity to a part of the system, thereby changing its state and topology. The same effect is observed in quantum physics, where the presence of an observer changes the results of an experiment. Users only benefit from this, as the system often finds more profitable options while executing another order.

The benefits of using the new Any2Any technology are immediately visible: one order in a trading pair immediately creates the same liquidity in all trading pairs containing this token. That is, one user can place an order to buy DASH for Bitcoins, while all others get the opportunity to sell DASH for any of the currencies listed on the exchange.

The old separated “markets” technology incessantly bumped into traditional problems that were noticeable even on national stock exchanges, i.e. a lack of liquidity in most instruments and its concentration in “blue chips”, which led to a decrease in trading opportunities. Cross-rate trading with more often observable strong movements on which one can quickly earn money, was reserved for advanced arbitrageurs boasting their own trading robots. There were also infrastructural restrictions, making it economically impossible to support a large number of orderbooks.

The 50x.com exchange offers a completely different approach to trading, where hundreds and thousands of cross-rates are available to every user right in the terminal. Thanks to the Any2Any liquidity overflow technology, you can choose any pair from the assets available on the exchange and trade in it. Whereas, orders placed, for example, in the DASH/QTUM orderbook, will automatically appear in all other DASH/* */DASH and QTUM/* */ QTUM orderbooks. And this will lead to the fact that even the most exotic orderbook will collect the entire liquidity for the coins of this trading pair.

How does it benefit trading?

The first and obvious benefit is the possibility of direct trading between coins, without paying double commissions. If you want to switch from DASH to QTUM, you simply place an order in an orderbook of DASH/QTUM. This is much faster than selling DASH first and then buying QTUM. And most importantly, you only make 1 order, and, therefore, pay the trading commission only once.

The second advantage is the ability to view orderbooks/charts in exotic pairs and, accordingly, a huge number of new trading tools, whose rates often go in wider channels than the main instruments. That means they have a greater profit potential.

The third advantage is a multiple increase in liquidity for each coin. Since the entire liquidity of the exchange is summed up across the coins, no matter what pair the orders are in, the liquidity will be available in other pairs as well. This makes manipulating rates much more difficult.

How is this possible?

The fact is that the 50x.com exchange has developed a trading core of a unique architecture that operates with entire transaction graphs, rather than with single orders. This allows you to reduce hundreds and thousands of cross-orders in different currencies within one transaction and create cross-orders.

Why is there no such thing on other exchanges?

The architecture of the Any2Any core is fundamentally different from standard trading cores and required numerous innovative solutions during its creation. Regular exchanges cannot switch to Any to Any technology without completely changing the very basis – the trading core.

Other major exchanges have also attempted to create Any2Any technology, but only one development team has managed to create a truly working product today.

You can try trading with the new technology at 50x.com now – no KYC required.

The post A Trading Revolution by 50x.com: Incredible Technology is Changing the Way We Think About Trading. appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Open Trading Network (OTN) на Currencies.ru

$ 0.0064948 (+0.67%)
Объем 24H $0
Изменеия 24h: 1.44 %, 7d: 12.76 %
Cегодня L: $0.0064948 - H: $0.0064948
Капитализация $13.149k Rank 2181
Цена в час новости $ 0.0221493 (-70.68%)

trading technology think exchange way 50x changing

trading technology → Результатов: 126


Фото:

New gold-backed Ethereum token is guaranteed by Australian government reserves

Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves.

2019-10-10 15:59


Фото:

New Ethereum token is backed by gold reserves guaranteed by Australian government

Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves.

2019-10-10 15:59


Symbiont And Vanguard Start Testing Blockchain-based Technology For Forex Trading

Giant mutual fund company Vanguard Group is reportedly testing a blockchain-powered foreign exchange (FX) trading platform to allow asset managers to easily trade currencies. According to a report by Bloomberg, Vanguard Group has teamed up with Symbiont which offers blockchain technology to develop the FX trading platform. The new platform will allow asset managers to […]

2019-10-3 23:27


IOTA launches its autonomous, decentralized marketplace for EoT

IOTA launches its autonomous, decentralized marketplace for EoT - CryptoNinjas The IOTA Foundation, a non-profit organization behind the IOTA scalable, feeless and decentralized distributed ledger technology, today announced the launch of the ‘Industry Marketplace’ a decentralized marketplace which will automate the trading of physical and digital goods and services.

2019-9-20 18:54


FunnyToken ICO

What is FunnyToken? In a world where digital assets have gained value with the use of ERC-20 blockchain, FunnyToken(FUNTO) aims at bringing cryptocurrencies into use in games and digital services. FunnyToken intends to be an option for purchase and sale online and offline services’ in-app elements or any advantage offered.

2019-9-1 17:33


Ripple, Moneygram Had An Impact On The XRP Token But No One Noticed

In a tweet on August 23, 2019, Breanne M. Madigan, Global Institutional Markets at Ripple blockchain company said the XRP/MXN trading volume on Bitso crypto exchange spiked by over 25%. Also, the surge in trades occurred at a time when MoneyGram began using Ripple’s xRapid technology in Mexico, which shows the technology’s real use case […] The post Ripple, Moneygram Had An Impact On The XRP Token But No One Noticed appeared first on ZyCrypto.

2019-8-24 13:10


Prime Trust the first US custodian to secure crypto assets with Fireblocks

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourcePrime Trust, a qualified custodian for digital assets, providing token and fiat custody, funds processing, AML & KYC compliance, has announced it has become the first US qualified custodian to secure crypto assets with Fireblocks, an enterprise-grade platform for financial institutions that need to streamline digital asset trading.

2019-8-12 18:39


AX Trading integrates Quant Network’s blockchain for digital asset interoperability

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceAX Trading LLC (AX), a technology-enabled registered broker-dealer and Alternative Trading System (ATS) operator, today announced a strategic partnership with Quant Network a technology company providing financial and regulatory technology as well as interoperability in financial services, payments, and capital markets infrastructure.

2019-8-8 18:35


Фото:

New CFTC Chair Believes Blockchain Technology Holds Great Promise

The incoming head of U. S. Commodity Futures Trading Commission (CFTC) has highlighted the importance of blockchain as an emerging technology, reports Fox Business. With commentators taking issue with the patchwork of cryptocurrency regulations in the country, the new CFTC chief assures that his department will look into crafting laws that support the industry.

2019-8-5 17:00


eToro To Become British Premier League’s Everton Football Club ‘Official Online Trading Partner’

Late last month, Italian soccer club — AS Roma — signed an agreement with Chilliz, a blockchain entertainment firm so as to make use of this burgeoning technology in a host of novel/unique ways. Additionally, as part of the above-mentioned deal, the club will now become part of a blockchain-based voting platform called Socios (that […]

2019-8-2 17:04


Quedex receives Gibraltar DLT license for crypto derivatives exchange

Quedex receives Gibraltar DLT license for crypto derivatives exchange » CryptoNinjas Quedex, a crypto-centric futures and options exchange, announced today that it was finally granted a Distributed Ledger Technology (DLT) Providers license for the trading and custody of cryptocurrency derivatives by the Gibraltar Financial Services Commission (GFSC) The DLT license follows a 15-month-long process in which Quedex, advised by PRT Lawyers, worked together with the Gibraltar […] Quedex receives Gibraltar DLT license for crypto derivatives exchange » CryptoNinjas

2019-8-1 23:19


Фото:

India: NASSCOM Condemns Government’s Intentions to Prohibit Bitcoin and Cryptocurrencies

The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019.

2019-7-31 11:00


First Integrated Digital Asset Exchange Goes Live in Switzerland Supported by Leading Institutional Investors

Swiss-based financial technology company SMART VALOR has announced today that it has launched the Digital Asset Exchange, with strong institutional investor support. Zug, Switzerland – July 30th 2019, Today, Swiss-based SMART VALOR, a digital asset exchange, went live with an initial offering of 9 Crypto-Fiat trading pairs.

2019-7-30 11:10


Orion Protocol and Wanchain partner for atomic swap technology

Orion Protocol and Wanchain partner for atomic swap technology » CryptoNinjas Orion Protocol, a liquidity aggregator connected to multiple exchanges, and Wanchain, an EVM-based cross-blockchain solution, have announced a new strategic partnership to use Wanchain’s public blockchain as an atomic swap solution, a process which is essential for Orion decentralized trading.

2019-7-24 19:09