LCX LAUNCHES SMART ORDER FOR CRYPTOCURRENCY TRADING

[Danezu]

VADUZ, Liechtenstein – Liechtenstein Blockchain Innovator LCX announces the launch of LCX Smart Order. LCX Smart Order is an automated smart order routing system for cryptocurrency trading. Advanced algorithms compare prices across 10 crypto exchanges in real-time and execute orders at the best market price. The new smart order engine aims to simplify the digital asset management experience for crypto traders, family offices, hedge funds, and other asset managers.

The increased number of crypto exchanges has caused fragmentation of liquidity, as crypto assets are traded across multiple exchanges at different prices and in different amounts. LCX Smart Order is part of LCX’s high-performance, multi-asset trading system technology, LCX Terminal. LCX Smart Order provides ultra-low latency and high throughput with a full range of routing functionality, placing orders based on the best available option.

LCX Smart Order can be accessed via LCX’s Trading Terminal, which was launched in June 2019. LCX Terminal is a professional crypto trading platform to manage digital assets across multiple exchanges from one, fast and intuitive interface.

LCX Smart Order offers automated strategies for simultaneous and sequential routing allowing traders to access liquidity across multiple markets and leverage arbitrage opportunities.

Monty Metzger, CEO at LCX says, “LCX Smart Order is yet another step forward to simplify cryptocurrency trading. At LCX we follow a holistic business strategy to transform the speculative crypto market into a mature token economy.”

LCX Smart Order is initially available as part of LCX’s free plan.

Source: https://cryptopressrelease.website/lcx-launches-smart-order-for-cryptocurrency-trading/