Many offer different functions, exchange fees and niches that give them a competitive edge.
Co is a cryptocurrency exchange aggregator site backed by venture capital firm Sequoia Capital.
With CoinSwitch, users can launch a customized cryptocurrency exchange on their own websites.
Having only been around for a year, the platform already lists more than 400 coins with over 45,000 exchange pairs across their multiple cryptocurrency exchange partnerships, with names such as IDEX, HitBTC, Bittrex, KuCoin, Changelly and ShapeShift on their roster.
Recent policy shifts with ShapeShift meant that users of the anonymous crypto-to-crypto exchange service would now have to undergo Know Your Customer procedures, stripping away the element of privacy that had previously brought ShapeShift to fame.
Since CoinSwitch is an aggregator of cryptocurrency exchanges, it will always have exchanges available which do not ask for user information and KYC, the company says.
CoinSwitch is essentially an exchange marketplace, through which users can access the crypto-markets.
This model removes the need for multiple accounts across various exchanges or even one account for an exchange.
The Custom Crypto Exchange feature allows website owners to add an 'Instant Exchange' page to their website, with zero coding required.
According to CoinSwitch, they have over 100 websites using this product, including companies such as Reddcoin and Komodo, all of which were set up within a month of the instant exchange feature launch.
Exchange Aggregator Compares Prices, Allows Trading on Top Platforms Without an Account
Udgivet den Sep 24, 2018
by Cointele | Udgivet den Coinage
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