By the end of the decade, global cryptocurrency trading found itself scattered among various platforms, which led to severe fragmentation of liquidity. The lower the liquidity, the lower the average volume of a trading position in comparison to stock and other classical markets. Moreover, in the moments of abrupt market movements, it can be insufficient even for trading low volumes of cryptocurrencies.
Findev Trading Platform allows to unite liquidity from different platforms and solve the problem of scattering of users, their trading requests, and orders, thus forming a unified order book with better market depth and better prices for private persons and legal entities from various jurisdictions.
Findev Trading Platform is a mechanism that through an API allows to collect and combine data on requests to sell/buy from many cryptocurrency exchanges located anywhere in the world and to form a unified order book.
Findev Trading Platform can buy cryptocurrencies on the cheapest exchange rate and then sell them with the exchange rate of the highest price – generating profits on the exchange rate differences between cryptocurrency stock exchanges. We provide this software to banks, exchange offices, and other finance companies. These companies use this software for their OTC operations.
Each cryptocurrency exchange is characterized by internal demand and supply to cryptocurrencies, which causes that cryptocurrency prices differ between exchanges. The fluctuations in the cryptocurrency rates also affect the price difference between exchanges. Cryptocurrencies, unlike traditional currencies, are characterized by very high dynamics of price volatility, which is why they are an ideal market for applying arbitrage mechanisms.
Findev Trading Platform is a kind of software as a service (SAAS). Companies that are using this platform pay fees monthly/yearly. Findev accepts these payments with XFD and it occurs periodically buy demand on XFD markets.