Coinfinex: New Crypto Trading Exchange with Institutional Liquidity Feed
Coinfinex has recently announced the release of an updated version of its broker’s proprietary trading platform for cryptocurrencies. This new platform will have a special focus on liquidity and will represent a total of 85% of the cryptocurrency market.
The Executive Manager of Coinfinex, Michael Torti, has commented on the update of the platform. He states that the crypto market is always maturing and developing more and that the market participants are starting to demand a structure that will be more akin to the traditional financial market.
Because of this, the executive believes that this new platform will have what it takes to offer the clients something considerably more in agreement with what they want at the moment.
Coinfinex Spent A Year And A Half Tweaking The Platform
The good news for those interested in using this platform is that the team has spent over a year and a half after the launch of the original platform brainstorming about ways to improve the platform and using the feedback of the users to construct something better.
The team is confident that the new user experience and functionality will considerably improve the potential of the platform and has affirmed that transactions will be quicker now. The idea is to create a platform that can be useful both for beginners and professionals alike.
Unlike many other platforms, Coinfinex allows the users to make deposits using three fiat currencies, USD, EUR and GBP. The platform has over 800 cryptos on its list at the moment. Margin trading is up to 1:4. Coinfinex exists since 2011 and has been in the crypto market since 2016. The new version of the platform will be online this year.