CASPIAN SIMPLIFYING CRYPTOCURENCY EXCHANGES

in #contest6 years ago (edited)

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The benefits of having all your trading portfolios in one space cannot be overemphasized, making access to assets more convenient to manage. As an organization, you expose your clients to a variety of investments as well as attract new clients who are interested in fund managers who specialize in crypto-currencies. Caspian has taken trading in crypto currency to a whole new level with simple and easy user action much more can be done in less time and with improved accuracy, much more profit can be realized as user are exposed to diverse asset simultaneously in one single but robust platform.

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Caspian is an ecosystem designed to solve the problems facing crypto investors using a single, user-friendly interface. It achieves this by providing sophisticated connectivity and interoperability across various digital asset exchanges. Caspian is a platform that provides interoperability and highly sophisticated connectivity across various digital exchanges assets. To the not so tech savvy, Caspian is simply a software program capable of integrating data from multiple exchanges and even wallets i.e. you can manage trades from different exchanges in one platform. Caspian has his own token.

Caspian Token

The Caspian Token CSP serves several principal objectives. Caspian Token is used to reward third party developers, used for discount programs by Caspian and also for staking which will in turn yield interest for the individual who stakes their token.

Caspian Features

Execution- Caspian enhanced a technology build by Tora specifically for crypto currency traders, with it unified controlled centre optimised for fast trading, Caspian provides the following

  1. Order and execution management system {OEMS} which allows quick access to all order types, tickets sizes and asset types supported by a given exchange.
  2. View ability of price, depth and bid/ask for each exchange to the smallest available ticket size.
  3. Choice of whether and how to use Caspian’s SOR.

Security- The importance of security cannot be overemphasized especially in the crypto currecy where every coin has a market valuation. The Caspian ecosystem ensures that the privacy and integrity of all data are highly secured with the use of features like

  1. Client app access can be limited to only a set of whitelisted IPs.
  2. Ensuring that secure user sign-in is enforced through strong password complexity requirements and two-factor authentication.

Compliance and Reporting- with the use of compliance and reporting engines, the problem of inadequate report and compliance is resolved. The compliance engine is also based on Tora’s Proprietary Technology; this technology offers low latency and robust functionality which includes:

Pre-trade limit- Pre-trade limit contain features like exposure limit which can delay order execution until compliance check are complete and other limit level such as, warning limit, approval limits and absolute limits.

Post-trade compliance- Post trade compliance are alerts, reporting an monitoring which can be delivered to users via email or other preferred and predefined means..

Smart Order Router {SOR}- This is a module that enable users to view all exchanges as a single pool of liquidity. This will enable traders to simultaneously place trades on multiple exchanges by a few clicks on Caspian platform.

Algorithm- With the enhanced Tora’s algorithm framework and kinetics’ trading expertise, Caspian provide institutional-grade algorithm from the on-set.

Existing Problems

Security: The Crypto Space, since its inception into the world of trade and exchange has suffered losses of over $4 billion with exchange accounting for more than 60percent of the total loss. Crypto currency Exchanges lacks most of the customer protection the traditional markets offer such as risk management capabilities and good customer support.

Lack of Reporting and Compliance: Because of the unavailability of adequate compliance and reporting, market participant{individuals and institutional traders} are force to proffer solution by maintaining a spread sheet to keep track of various asset activating which creates significant risk of error.

Unreliable Trade Execution: Since most crypto currency exchange began as a small venture and has organically grown with the help of market surge, large order volume is often a problem for them; this large volume has caused outage in most emerging exchanges.

CONCLUSION

Simplicity of crypto currency trading is what Caspian has looked into, simple and easy user trade execution, user friendly GUI, less time spent in asset hunting with improved accuracy and much more. Basically users (individuals and institutional traders) of Caspian can get more done in less time

Brains Behind Caspian
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To Know More About Caspian

Reference article/image

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