Poloniex, a global cryptocurrency exchange, is thrilled to announce that it has launched a new trading system today to provide high-speed, as well as improved stability and usability, to retail and professional users across the globe.
Through the next generation matching engine, Poloniex has increased its system’s order matching speed and transactions per second by at least 30x and 10x respectively and latency by more than 5x, with plans to further improve performance after launch. has reduced.
In addition, the new API has been redesigned for faster performance and more comprehensive features. Market makers, institutional traders and professional traders alike will find it more user-friendly, thereby improving the overall liquidity of the exchange.
“The launch of this new trading system is a significant step forward for Poloniex as a world-class international exchange. It demonstrates our commitment to providing benefits and the best services for our users,” said His Excellency Justin Sun.
“As one of the oldest crypto exchanges in the world, Poloniex has made impressive progress in optimizing its systems and will continue to bring an incredible trading experience to retail and professional traders.”
Poloniex has always been known for its security, and this new trading system takes stability to the next level. Now it has achieved high fault tolerance by adopting microservices architecture, which ensures seamless functionality of other modules in case of failure.
The system adopts cluster deployment and supports service auto-scaling when there is a significant increase in traffic. It can scale rapidly without the downtime required during upgrades.
This means that the system has significantly improved the stability of the service and its ability to handle traffic spikes without compromising the trading experience of the users.
In addition to its vastly improved speed and stability, the trading experience has also been improved with some notable features including market orders, stop-market orders and an advanced candlestick chart to meet the needs of both amateur and professional traders.
The web and mobile app interfaces have been completely upgraded to provide a clearer, more intuitive and more user-friendly experience so that users can plan their investments along with the ever-changing market.
The new trading platform lays a great foundation for further product development including margin trading, lending and staking.
Poloniex. about
Poloniex was founded in January 2014 as a global cryptocurrency exchange. With its world-class trading platform and security, it received funding in 2019 from well-known investors including TRON founder HE Justin Sun.
Poloniex supports spot and futures trading as well as leveraged tokens, and its services are available to users in nearly 100 countries and territories, in a variety of languages including English, Turkish and Vietnamese.