Increased Liquidity on Bitcoin Exchanges, Thanks to AlphaPoint
The challenge facing most bitcoin exchanges these days is that trading liquidity has been on a decline. This market factor is essential in seamless order execution, as higher liquidity guarantees that buy or sell orders are filled faster. On the other hand, low liquidity translates to delays in transaction execution, leading trades to get opened or closed at different market prices. AlphaPoint, a bitcoin service provider based in New York, is aiming to address this liquidity problem among bitcoin exchanges. In countries where cryptocurrency trading isn't popular yet, market liquidity is....
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In an attempt to make logins safe and easy, AlphaPoint has announced Clef’s no-password two-factor authentication for the exchanges built on the AlphaPoint platform. This move is expected to help the company gain more Bitcoin exchanges as clients. Currently, AlphaPoint provides the technological backend to approximately 20 Bitcoin exchanges. AlphaPoint believes that its partnership with Clef will enable its exchanges to accept Clef’s popular two-factor authentication solution. Currently, the company is providing services to some top companies, including Bitfinex, one of the world’s largest....
AlphaPoint's funding will enable them to further develop their exchange platform. AlphaPoint is a digital currency exchange platform. AlphaPoint boasts its ability to handle up to 1,000,000 trades per second. It currently supports Bitcoin, Litecoin, Peercoin, Feathercoin, Namecoin, and Terracoin. Both startups and existing exchanges can use this platform. Today, CNBC announced that AlphaPoint received $1.35 million in funding from investments. Funding from Multiple Investors. AlphaPoint received its $1.35 million in funding from multiple investors, including Robin Hood Ventures, Ben....
Software provider AlphaPoint could very well be the most important Bitcoin company you’ve never heard of. After first making waves with the announcement of US$1.35 million in funding raised via VC firms and angel investors, they followed up by partnering with Bitfinex to run the Hong Kong-based exchange’s back-end technology. According to AlphaPoint CEO, Vadim Telyatnikov, this is just the start of their mission to become the world’s leading software platform for global Bitcoin exchanges. “[T]he interconnecting of Bitcoin exchanges accomplishes that where we can basically route the orders....
AlphaPoint has just announced that it is integrating two-factor authentication service Clef into its platform, making it convenient to login securely to more than 20 exchanges that depend on its digital currency exchange technology. According to the company, AlphaPoint "offers a white label solution that allows clients to launch their own digital currency exchange in under 20 days." AlphaPoint has also recently partnered with IdentityMind to solve know-your-customer and anti-money laundering compliance issues. No more passwords, no more tokens. Security has always been an important focus....
Named after an ancient Roman Goddess, MonetaGo is looking to provide liquidity to Bitcoin exchanges in 35 countries around the world, with the goal to expand to 50 by the end of the year. "We want to be the umbrella to the other exchanges," Margaux Avedisian, co-founder and business development officer, told Bitcoin Magazineat Inside Bitcoins New York. Whereas other exchanges launch in one country and look to sign up consumer traders, MonetaGo aims to connect all of these exchanges together to increase liquidity for them all. Further, MonetaGo allows trades to be settled in multiple....