Monday, July 15, 2019

[ANN] BitOrb Exchange - Orbyt Token offering updates!

First Look at BitOrb Exchange Interface

What Can the Exchange do?

BitOrb is a cryptocurrency derivatives exchange that offers Bitcoin and Ethereum perpetual contracts that are bought and sold in Bitcoin. BitOrb users will be able to trade these contracts with up to 100x leverage.

BitOrb is built from the ground up using a modular software design, utilising the best of trading practices and technologies. Architected using a high-performance, low latency technology stack that delivers microsecond performance able to handle throughput of more than 10,000 orders per second on a single server. BitOrb is built to scale and handle the high demands of an online derivatives exchange. This article will explore how BitOrb’s derivitaves is better

The Pricing Structure

Orbyt Token holders who hold a minimum of 100 Orbyt Tokens in their designated Orbyt wallet and have passed our KYC verification will gain the “Preferred Status” — This allows users roughly up to a 30% discount on taker fee, making it one of the most competitive taker fee available in the market.

Preferred Status

Maker fee: +0.025%

Taker fee: -0.0525%

Normal fee

Maker fee: +0.025%

Taker fee: -0.075%[/size]

How the different engines on BitOrb work

The back-end servers are where the different engines of BitOrb run. Key processes are run entirely in memory to ensure the fastest possible executions without going to disk.

First look at the exchange interface and the order form

Risk Engine

The configurable risk engine manages and audits every position on the exchange, providing visibility of all positions on BitOrb at any point in time, with the ability to suspend trading if required.

Liquidation Engine

With a configurable liquidation mechanism to handle any liquidation event, and management of margin requirements for the entire platform .

Matching Engine

BitOrb’s matching engine is built on a low latency high performance stack that delivers micro-second latencies and an expected throughput of ten thousand orders per second to ensure our users will always have access to the system.

Order Book

The configurable order book can build market depth ladders, span multiple cryptocurrencies, and has the capabilities to handle large volumes of inbound and outbound data

What else is new on BitOrb?

[size=12pt]1. The Orchestrator — is an easy to use, automated trading strategy maker that is built into BitOrb that assists users in creating automated executable trading strategies. These strategies can be used to take profits and/or to limit losses or even to layer in sophisticated strategies; such as setting trigger points based on common trading indicators or setting cross product orders.[/size]

http://i67.tinypic.com/2h6u8th.png

The Orchestrator interface displayed in BitOrb’s night mode

Simplified version — While every user and trader has their own personal individual preferences, we are enabling two basic modes for our exchange to cater for three broad categories of users based on their trading experience.

While the professional traders will tend to prefer our traditional exchange interface, the novice and casual traders would love our simplified interface if they prefer to skip the complexities of traditional cryptocurrency derivatives exchanges out there. You can trade cryptocurrency derivatives even if you are completely new to this!

Simplified Version of the BitOrb Exchange

This article originally appeared on https://www.bitorb.com/sneak-peak-into-the-bitorb-exchange/


No comments:

Post a Comment