Exgate and JSC Caufex have announced that BitStamp is the latest bitcoin liquidity provider to integrate its pricing into their exchange. An end-to-end cryptocurrency trading solution, including the front-end MetaTrader 4 trading platform and back-end risk management solutions, Exgate markets its services to brokers, traders and market makers. Liquidity of their offering is powered by JSC Caufex, a licensed electronic exchange which aggregates bitcoin and other cryptocurrency pricing from numerous liquidity providers. The two firms also use services from Bitreserve to provide a centralized cross participant settlement of trades.
The inclusion of BitStamp brings one of the deepest sources of bitcoin liquidity to the JSC Caufex exchange. While not the largest Bitcoin exchange by volume, BitStamp is one of the most recognized names in the overall financial industry, with its data becoming reference points of bitcoin prices for much of the mainstream media coverage of the cryptocurrency sector.
Amid Ongoing Uncertainty, Is the Crypto Industry Stepping Up? Go to article >>
Gregory Mazzeo, Exgate Chief Executive Officer, commented about the news, “The addition of BitStamp into the JSC Caufex liquidity pool reaffirms our goals to have the top exchanges all over the world participate in conjunction with our state of the art exchange technology furthering our commitment to expand our users opportunities to the best liquidity and pricing available in the market.”