Cryptocurrency change Poloniex has launched a brand new buying and selling system to supply customers with better stability, pace, and usefulness.
The brand new buying and selling system is predicated on a “next-generation” matching engine which elevated the change’s order matching pace by 30x, the change stated in an Aug. 1. press launch.
It additionally enhanced transactions per second by 10x whereas lowering latency by over 5 instances, Poloniex claimed, including that it has plans for additional enchancment after launch.
Based in 2014, Poloniex affords spot and futures buying and selling in almost 100 international locations and areas.
Poloniex has additionally redesigned its software programming interface (API) to make it user-friendly and supply better pace and extra options, the press launch acknowledged.
In line with the press launch, the brand new buying and selling system has the next fault tolerance, which ensures the continued performance of different modules when one of many modules fails.
Poloniex additionally claims that the brand new system enhances scalability with no required downtime for upgrades. This means a big enchancment of its capability to sort out visitors upticks with none compromise on stability and consumer expertise, the corporate stated.
TRON founder Justin Solar, who invested in Poloniex in 2019, stated within the press launch:
“As one of many world’s oldest crypto exchanges, Poloniex has made spectacular strides in optimizing its system and can proceed to convey an unimaginable buying and selling expertise to retail {and professional} merchants.”
The brand new buying and selling system has additionally added new options, together with market order, stop-market order, and a candlestick chart. The corporate stated that the change plans so as to add extra functionalities akin to margin buying and selling, lending, staking, incomes options, and buying and selling bots sooner or later.