Bitstamp Crypto Exchange to Utilize Irisium’s Market Monitoring Analytics
Bitstamp, a leading crypto exchange, has announced a strategic partnership with Irisium which a monitoring platform for exchanges. Bitstamp aims at utilizing Irisium’s strong monitoring analytics to offer its users a vibrant trading experience.
Bitstamp exchange is keen on KYC and AML compliance since its vision it to ensure that its users trade in a secure environment. The platform has advanced security software to keep everything safe on the platform. Being among the few crypto exchanges to have a payment license from the EU, Bitstamp continues to create a name for itself in the crypto space.
Irisium will offer the analytical and technical support to Bitstamp to help it bridge the between traditional finance and digital money. The exchange will utilize Irisium’s data to monitor the market and alert its users on trading activity.
The CEO of Bitstamp, Nejc Kodric,
“Our desire is to provide a fair and orderly market which reflects accurate supply and demand. In order for the industry to mature, effective market monitoring is crucial. We are cooperating closely with Irisium and will leverage their significant experience to provide a more robust and transparent trading venue for our customers.”
Through data provided by Irisium, Bitstamp will be sure that its clientele is receiving valid and accurate data to help them make trade decisions. The trading platform will have strong consumer protection and increased market liquidity through greater adoption of cryptocurrencies. The exchange will have a community of transparent and confident crypto traders.