One Trading, a cryptocurrency trading platform, is aiming to revolutionize the industry by combining traditional financial instruments with crypto assets. Their goal is to complete transactions in microseconds while offering a zero-fee policy.
In the world of cryptocurrency, where market volatility is high, having low latency is essential for traders looking to gain a competitive advantage. High-frequency traders who execute a large number of trades in a matter of seconds can face significant financial losses or missed opportunities with even a millisecond delay.
Recognizing that improving latency can increase liquidity and enhance users’ profits, the crypto industry continues to innovate in order to optimize network performance. Many platforms are striving to reduce transaction times to microseconds.
One Trading, a regulated crypto exchange, has introduced F.A.S.T., a digital asset platform designed to provide traders with a rapid trading experience. F.A.S.T. stands out for its processing speed, with a matching engine that operates at a speed of 1 microsecond.
According to test results verified by Amazon Web Services (AWS), a round-trip on F.A.S.T. takes only 74 microseconds, allowing end-to-end orders to be executed in under 200 microseconds, even at high volumes. This ultra-low latency gives users an advantage in terms of price discovery and transaction speed.
One Trading also offers an electronic over-the-counter (OTC) product called Instant Trade. This product allows investors to engage with the market by enabling instant trading of over 100 asset pairs, including both fiat and cryptocurrencies. Users can access a wide range of digital assets, such as Bitcoin (BTC) and Ether (ETH), as well as popular altcoins. Instant Trade provides the best prices from One Trading’s venue and other leading liquidity providers, ensuring minimal trading fees on large-scale transactions.
To access Instant Trade, users can create an account on One Trading and transfer fiat or cryptocurrency into their Instant Trading wallet. Traders can engage in transactions of up to 10 million euros and access more customized trading through the High Touch OTC desk.
One Trading prioritizes security by separating client assets from the exchange’s resources and storing them in hot and cold wallets. This optimization of security allows users to engage in high-speed trading while still benefiting from the reliability and regulatory compliance offered by traditional financial institutions.
In an effort to democratize crypto trading, One Trading has implemented a zero-fee policy on F.A.S.T. for all customer types. By removing traditional cost barriers, One Trading aims to make digital asset trading more accessible to a wider audience. This approach encourages traders of all levels to participate by eliminating the financial hurdles associated with trading fees, giving investors the opportunity to experience F.A.S.T. firsthand.
One Trading was established after the rebranding of Bitpanda Pro, a crypto exchange owned by fintech startup Bitpanda. The rebranding process was accompanied by a successful $33 million (€30 million) Series A funding round led by Peter Thiel’s Valar Ventures.
One Trading is currently in the advanced stages of obtaining its Markets in Financial Instruments Directive II (MiFID II) license. This regulatory framework, created by the European Union, aims to improve the functioning of financial markets and strengthen investor protection. Once licensed, One Trading will be able to offer derivatives in addition to crypto assets in the EU.
Josh Barraclough, CEO of One Trading, believes that platforms like theirs will make the digital asset market more accessible and appealing to a broader audience. By prioritizing low latency, zero fees, and strict regulatory compliance, these platforms aim to enhance the trading experience and create a more inclusive environment. By eliminating financial and cost barriers, the obstacles to creating a user-friendly, transparent, and equitable crypto market for everyone will decrease.
For more information about One Trading, visit their website.