TRADOLOGIC’s cryptocurrency trading platform division has onboarded its first exclusively cryptocurrency-oriented brokerages – the company has just announced a partnership deal with emarketstrade.com.
Krypton Software launched its solution earlier this summer, aiming to divest the opportunities TRADOLOGIC provides to online brokerage companies. Krypton software’s solution offers trading in 115 cryptocurrencies to 6 active, entirely crypto-oriented brands.
According to the company, over the past couple of months the average daily volume transacted via the firm’s platform was $290,000, spread across 1,600 trades per day.
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Krypton and TRADOLOGIC CEO Michael Golod commented: “The numbers that we achieved in the last few months are even exceeding my expectations and forecasts. By the looks of the current dynamic state of the industry and the interest we are getting, they will grow exponentially by the end of the year. We are able to handle the flow of new clients without any problems.”
Krypton Software provides to brokers an API that enables the inclusion of the latest cryptocurrencies and newly launched ICOs. The automated wallet payment tool which comes with the platform allows for an entirely closed cycle of cryptocurrency transactions.
The company states that it has integrated the product with 5 cryptocurrency exchanges, where clients get access to source liquidity for their trades. The aggregating module which Krypton provides is said to be combining the liquidity across these exchanges.
By the end of the year the firm aims to conclude the development of its own exchange.