Exclusive: Tradologic Launches Cryptocurrency Trading Software

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Tradologic is launching a brokerage suite designed to accommodate the needs of traders of cryptocurrencies. The product is already live with advanced features in development as the company is expecting to launch with the first brokers to use the software. Sources with knowledge of the matter shared with Finance Magnates that the Krypton Software suite will provide firms with an entire ecosystem for brokers to build a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term-based brokerage.

The company states that it is focusing its efforts to ensure that no market making is involved in the process and that blockchain technology guarantees that all trades are executed on an exchange. Tradologic also states that it is using a liquidity aggregator to ensure best execution.

The full trading platform package provided by the technology provider includes simple trading, margin trading, options, an ICO buy-in module, a lending platform, portfolio management and social and signal trading functionalities.

In addition brokers will be able to use a dedicated CRM and a Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term solution that comes with the package.

When asked about the exchanges via which the platform is executing trades, the company’s Head of Product,Martin Parvanov, said: “We have integration with the top 5 crypto exchanges which our clients can use as a source of liquidity. Additionally we offer an aggregated liquidity solution which combines the liquidity from several sources to offer the best price to the clients.”

Tradologic has established connections to three exchanges - Poloniex, Kraken and Bittrex - and is planning to add more connections in the near future. The company is also ready with a CFD product on cryptocurrencies, with a standard leverage of 1:3, which is traditionally offered by some cryptocurrency exchanges.

Tradologic’s solution enables clients of the brokerages to bypass the need to have a cryptocurrency wallet in order to deposit and trade.

“If the broker wants to accept deposits only in cryptocurrencies the end users will need to have a crypto wallet. However, we have new solution which automatically creates a crypto wallet for new users during the registration process. In this way end users which do not have crypto wallets will be able to create one without leaving the broker platform,” Mr Parvanov explained.