ChainUP Technology Backs Small and Medium Exchanges to Break Through

Posted On Tue, February 11, 2020, 10:49 PM
ChainUP provides the technology and high-level security support needed to level the playing field for small- and medium- sized exchanges.

Singapore- In the world of cryptocurrencies, exchanges constitute the core infrastructure, attracting countless users by providing profit-making opportunities and cash flow. As early as April 2018, the number of exchanges on the market had exceeded 500. Today, there are as many as 417 exchanges globally with a daily turnover of more than 10 million, whereby the TOP 30 exchanges account for 82% of the entire market’s trading volume. 

Despite fierce competition in the industry and the challenges of technology, maintenance and cost, the crypto exchange circuit has been constantly crowded with newcomers. In the last two years, some new exchanges, for example MXC and BiKi.com, have developed impressively. Within short setup times, they have achieved performance and service levels on par with second-tier exchanges, ushering in a new era of professional exchange platforms with accelerated development times. 

Blockchain technology and service provider ChainUP offers the requisite support behind such expedited growth.

Helping Small- and Medium- Sized Exchanges Break Through

“All the numbers displayed on the centralized exchange are closely related to the funds,” according to BiKi.com founder, Winter. “If there is an error, the losses will be huge, so the matching system, clearing system, wallet system, and market-making tools are very important to the exchange. The technical team of hundreds of people at ChainUP and the experience of hundreds of users have played irreplaceable roles in our rapid development process. Our refined operations have allowed BiKi to rise against the tide and become one of the world's leading exchanges."

"Professional people do professional things" is ChainUP's philosophy to help exchanges win. BitWind, a liquidity system launched by ChainUP, aggregates the trading depth of more than 200 cryptocurrency exchanges from top global exchanges. It provides the exchange with the best  quotes, the lowest spread and the best liquidity, helping exchanges solve liquidity issues and enhance transaction volumes and trading experience.

Media Contact:
Cecilia Wong, yourPRstrategist.com
cecilia@yourPRstrategist.com
+65-91826605


Contact Information:
Cecilia Wong
cecilia@yourPRstrategist.com

This press release is posted under categories Business

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