With crypto markets moving in the blink of an eye, global cryptocurrency exchange Poloniex is trying to keep professionals one step ahead. The platform has optimized its API with better scalability, usability and adaptability.
The exchange provides innovation for its users
Poloniex; It provides improved throughput, lower latency and higher bandwidth on both HTTP (REST) and WebSocket APIs for market makers, institutional and professional traders. This allows them to trade 24/7 in a more responsive ecosystem. As for scalability, the new APIs have been redesigned for better communication between the two applications, regardless of their size or capabilities, so that both fit professionals’ wishes. It responds quickly in three computer languages, including Java, Python, and NodeJS. Also, the five MVP states provide different speed limits to keep the APIs running stably.
Meanwhile, the latency of the all-new trading system has dropped to 1 in 5. Also now the system can generate high frequency data. For enhanced usability, both APIs offer professionals a more comprehensive trading experience with optimized functionality of order book, smart order, candlestick chart and more to provide an optimized display of information. multiple languages make them easy to use. The new trading system has increased the speed of order matching and transactions per second have increased by at least 30x and 10x respectively. However, the new trading system is just the beginning and there will be more product developments in the future, including margin trading, lending and staking, with the support of investors and the global team.
For more information about Poloniex API: https://docs.poloniex.com/#introduction
About Poloniex
Poloniex was founded in January 2014 as a global cryptocurrency exchange. With its world-class trading platform and security, it was acquired by TRON founder Justin Sun in 2019. Poloniex supports spot and futures trading as well as leveraged tokens. Services; It is available to users in nearly 100 countries and regions in various languages including English, Turkish and Vietnamese.
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