Cryptocurrency Exchange Platform To Improve Liquidity And Security Launched

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The Crypto Exchange Alliance (CEA) has announced the launch of a new B2B platform that utilizes blockchain to improve the liquidity and security of cryptocurrency exchange platforms.

Crypto Exchange Alliance (CEA) has announced the launch of a new platform to solve liquidity issues across exchanges in cryptocurrency. The B2B, enterprise grade software solution will unify exchange order books and autonomously match orders across exchanges.

Find out more at https://exchangealliance.io

The newly announced platform aims to empower exchanges to access real liquidity from one another to better serve customers while increasing their revenue. This approach enables exchanges to fulfil orders that may otherwise sit on their books or end up costing them money if they engage a market making service.

CEA and the expert team behind it suggest the platform they have developed has the potential to unite the industry in a non-competitive way due to the structure of the technology systems operating in the background. This scenario creates a win-win-win situation that will ultimately strengthen the industry.

Furthermore, there are zero upfront fees for CEA’s service, which turns a historically high cost into a revenue. CEA has designed a process by which it plugs into its customers’ exchange APIs and aggregates all liquidity into the proprietary CEA Global Orderbook, which is then displayed on every customer’s exchange and is visible to their traders.

The cross-exchange order matching engine works to minimize the amount of unfulfilled orders on a customer’s books, which therefore maximizes their profit opportunities. The platform has been developed in recognition of the rapidly growing digital asset exchange space. Proven infrastructure is required if global adoption is to become a reality.

CEA has created a roadmap with an initial focus on spot trading across centralized exchanges before moving on to futures, derivatives, options, security token exchanges, and then decentralized exchanges. The team believe they have the ability, technology, and tools to support the entire market.

One of the most powerful features of the platform is its proprietary blockchain based Federated Sidechain, which enforces transparency while protecting member exchanges from front-running and re-ordering. It also decreases on-chain transaction fees and records all relevant data into a ledger.

CEA has already overcome one of the biggest issues associated with exchanges – regulation. KYC and AML details can be found in the sidechain because of support from CEA’s strategic partner KYC3’s Peer Mountain Protocol.

A sidechain is a blockchain that runs parallel to the main blockchain, which is coupled with a mechanism that allows data to be transferred between chains with ease.

A company representative said: “The rapid growth of cryptocurrencies and blockchain technology offers a raft of opportunities for entrepreneurs, investors, and tech-savvy individuals. But the market has become saturated and we would like to see the exchange space democratized to make way for innovative exchanges to come to market and reach their full potential.”

To find out more, interested parties are invited to visit the website provided.

Contact Info:
Name: Kyle Chasse
Email: Send Email
Organization: CE Alliance LTD -Crypto Exchange Alliance
Address: ,Kinwick; Centre 32 Hollywood Road; Central, Hong Kong Suite 1601-1603, Hong Kong, Hong Kong Island, Hong Kong
Website: https://exchangealliance.io

Source: PressCable

Release ID: 88959437