As traditional money pours into cryptocurrency, Finxflo is poised to become the top institutional-grade and regulated aggregator on the market.
Both Bitcoin and Ethereum’s record-smashing rallies seen in recent weeks have been partly driven by the long-awaited arrival of institutional investors. With big names such as BlockRock, Skybridge Capital and Mass Mutual publicly announcing their buys into Bitcoin, the number of “whale” wallet addresses with over 1000 Bitcoin in them is over 30% higher than at the end of 2017, hinting that there is a growing number of enterprise-level investors entering the markets.
As the institutional money narrative, one that has kept the cryptocurrency community so dedicated for years, finally plays out, the need for enterprise-level solutions that offer crypto custody and institutional-grade digital asset management becomes more necessary than ever. Finxflo is a trading platform that facilitates multi-cryptocurrency access for both retail and institutional investors, offering a gateway to both CeFi and DeFi assets and aggregating offers from the world’s leading exchanges.
25+ exchanges on one platform
Dubbed as the world’s first hybrid liquidity aggregator, Finxflo enables traders to achieve optimum buy and sell prices for all orders by eliminating distortions in the market, offering a seamless and highly liquid trading experience with zero withdrawal fees.
The order books of exchanges operating in different countries are segregated and, whilst siloed markets have not necessarily been so much of an issue to institutional traders in the past as they usually have preferential access to markets, cryptocurrencies can vary in price from country to country by as much as 10% and this often leaves the “everyday trader” out of pocket. Finxflo looks to eradicate this issue with its hybrid liquidity aggregator that offers the best rates on both centralized and decentralized assets, meaning that anyone around the world can enjoy the best asset prices when trading.
Fair trading for all: Locking out frontrunners
Finxflo CEO James Gillingham, who built and sold a sophisticated Forex trading algorithm for a considerable sum at age 24, has deep knowledge of financial markets, digital currencies and fintech. James and the Finxflo team want to give everyone the opportunity to realize the power of institutional trading tools by offering a comprehensive CeFi and DeFi trading platform to traders large and small.
By giving everyone access to the Finxflo Liquidity Sponge and also adding additional market noise, the frontrunning that has often majorly disrupted the cryptocurrency markets can be prevented on the Finxflo platform. Washing capital will also be prohibited by the platform’s comprehensive and robust KYC process. Finxflo offers traders and institutions alike a fair and level playing field, implementing trading rules that are similar to those previously only seen in traditional financial markets. Those not adhering to fair trading practices will be removed.
One connection, one account, one KYC process
The overall user journey offered to Finxflo traders has been designed to be as fast, simple and secure as possible, with streamlined KYC and a friendly user interface that only requires one account to access the variety of the platform’s features. The Finxflo wallet can be accessed by anyone through any browser compatible with various devices including Windows and Mac, with services also accessible through the Finxflo mobile application. On the back end, industry-leading security standards such as end-to-end military grade encryption and mutual authentication using X509 certificates ensure top-tier safety for traders and institutions used to traditional levels of platform security.
By offering the products that allow institutional players to get exposed to Bitcoin and other cryptocurrencies along with having the mechanisms in place to ensure fair, compliant and regulated trading, Finxflo enables traders to gain access to some of the best trading pairs and liquidity pools across a range of CeFi and DeFi assets. With the platform’s private token sale recently selling out, Finxflo will be launching their public token contribution event on Polkastarter on February 8, 2021.
Disclaimer: The writer has a personal relationship with the Finxflo and used this relationship to source insights for this article. The Daily Chain encourages you to carry out your own research before you make any form of investment and educate yourself about how to stay safe in the crypto space. This article is informational/educational and does not represent financial advice.