What Is CoinStruction?
CoinStruction is platform that enables cross-platform cryptocurrency exchanges and market liquidity. CoinStruction will solve some of the major inefficiencies that currently face the cross-platform operations and double clearing by utilizing a centralized trade order aggregation, clearing, and execution system.
CoinStruction offers its users with a secure network of a wide range of exchange platforms, trading networks, liquidity providers, and payment gateways from all around the world. This will result in the integration and standardization that will benefit the cryptocurrency Business-to-Business service sector.
How CoinStruction Crypto Asset Exchange Works
CoinStruction is made of three components that facilitate trading activities: CoinStruction Core that contains agent applications, Liquidity providers who are cryptocurrency exchanges, and clients who are those trading the cryptocurrencies.
The Agent application connects all the other components of CoinStruction and compiles an orderbook that contains the buy and sell orders, which is sent to the CoinStruction Core. In some cases, the liquidity providers and clients on the platform can bypass the Agent by organizing their order books to suit the required procedures of CoinStruction and then upload the file directly to the CoinStruction core.
After receiving the orderbooks, the clearing process begins where fake, recurrent or erroneous orders are filtered out and two cleared lists are formed. The new list forms the master orderbook that is sent to clients to help them make their trading decisions.
Additionally, after creation of the master orderbook the order-matching algorithm is initiated. Once a matching buy or sell order is found or a market order is received on the platform, the trade pair is locked immediately with fixed amount of collateral during the transaction. The platform will then send a request to the agent of the liquidity provider to initiate the trade.
If the transaction is occurring on different platforms, CoinStruction will use its accounts to pay for the transactions between the client and the liquidity provider.
CoinStruction uses real-time data from exchanges to analyze the cryptocurrency market. The information acquired enables its users to identify the best trading opportunities and protect them from fake trade orders or unreliable third parties.
Cross Platform Compatibility
CoinStruction, through its Agent application, is able to interact effectively and reliably with other cryptocurrency exchange platforms around the world as well as service providers.
Advanced Order Processing Tools
Through these tools, CoinStruction greatly reduces the possibilities of cryptocurrency price slippage of trades. The tools also enables the platform to undertake advanced orders that include the identification of unusual trading pairs or discovering the best sources that fulfill orders.
CoinStruction provides partial centralization of the cryptocurrency markets through its dedicated infrastructure, which results in it being more efficient, less costly, and widely accepted. It also results in higher profit margins and reduced delays.
CoinStruction has security features such as the verification process, blockchain technology, and using of secure API keys to communicate. These security features ensure that the platform is not prone to third party attacks.