SFOX Crytpocurreny Adapter Support

Ksomal4121
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SFOX Crytpocurreny Adapter Support

Post by Ksomal4121 » Sun Feb 16, 2020 7:38 pm

Hey Guys & Gal's

Now for those of you in the Crypto trading business may or may not have heard of SFOX, but the TL;DR of it is that they are a crypto aggregation platform that have combined order books for all BTC,ETH,LTC,BCH,EOS of all major crypto exchanges that have USD pairs. Now what this allows is a combined order-book view of all the liquidity in a given market with the added benefit of being able to execute orders across the many scattered crypto exchanges, all with one account at SFOX. Not to mentioned their sophisticated execution algorithms. 

What this essentially allows is a trader to have deeper liquidity with reduced execution costs, due to their execution algorithms in addition to volume discounts achieved which are then passed along to the customer. No to mention the incorporation of certain OTC desks allowing for even deeper liquidity on both sides.

This reduces the need to have multiple exchange accounts, and also allows the user to trade on all exchanges from one venue, such as GDAX, Binance, Bitfinex, Gemini, Bittrex, Bitstamp, Kraken and many other /USD paired exchanges. Thus this means that Bookmap users are able to trade and gain insight into the order-flow of all exchanges from one exchange adapter. 

I have listed their website & API below for the developers & team at Bookmap to assess the feasibility, as well as others in the industry to take a look at the service that SFOX offers.

https://www.sfox.com/

https://www.sfox.com/developers/#overview 

Comment/Thank the post if you share the views expressed above.