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The world’s first and only cryptocurrency exchange with the Any2Any technology has successfully completed beta testing of the third version of the quantum trading core with a built-in liquidity flow that will completely change the notion of exchange trading.
Surprisingly, all modern exchanges, like hundreds of years ago, still use fixed trading pairs, which are in no way connected at the level of the trading core and the order matching system. Each orderbook only contains orders placed in a specific pair. Although hundreds of cryptocurrencies have emerged, you won’t be able to directly exchange one for another on an exchange, where prices are set by the users themselves – you will need to change it first into one of two or three “base currencies” supported by the exchange, and then transfer it to another, or use the services of exchangers, arbitrageurs, thus having to pay increased fees.
The result of three years of development by the 50x.com team was an innovative trading core based on cloud technology and quantum principles for combining orders: although the concepts of a trading pair are preserved at the user level and the interface is completely identical to a regular exchange, all orders inside the core exist in a single space and do not have a firm connection between a seller and a buyer, combining the maximum number of orders in all trading assets simultaneously.
The benefits of using the new Any2Any technology are immediately visible: one order in a trading pair immediately creates the same liquidity in all trading pairs containing this token. That is, one user can place an order to buy DASH for Bitcoins, while all others get the opportunity to sell DASH for any of the currencies listed on the exchange.
The 50x.com exchange offers a completely different approach to trading, where hundreds and thousands of cross-rates are available to every user right in the terminal. Thanks to the Any2Any liquidity overflow technology, you can choose any pair from the assets available on the exchange and trade in it. Whereas, orders placed, for example, in the DASH/QTUM order book, will automatically appear in all other DASH, DASH, and QTUM order books. And this will lead to the fact that even the most exotic orderbook will collect the entire liquidity for the coins of this trading pair.
How does it benefit trading?
- The possibility of direct trading between coins, without paying double commissions.
- The ability to view orderbooks/charts in exotic pairs.
- A multiple increase in liquidity for each coin.
How is this possible?
The fact is that the 50x.com exchange has developed a trading core of a unique architecture that operates with entire transaction graphs, rather than with single orders. This allows you to reduce hundreds and thousands of cross-orders in different currencies within one transaction and create cross-orders.