CryptoStruct adds Bitfinex liquidity for algo trading

The list of liquidity partners goes on and on, and includes Coinbase, OKEx, Binance, Bybit, Huobi, Deribit, and FTX.

CryptoStruct has completed its normalized low-latency market data and order entry gateways to Bitfinex. The move will allow its clients to easily scale their trading activity onto the exchange.

Thomas Schmeling, Managing Director of CryptoStruct, said: “We are pleased to announce that we successfully added Bitfinex to our product suite. This allows our clients to access this well-established crypto exchange in low-latency and scale their trading activities further.”

Paolo Ardoino, CTO at Bitfinex, said: “In this collaboration with CryptoStruct, traders will have the capacity to execute advanced strategies, leveraging ultra-fast market data feeds. This builds on our commitment to providing a professional, liquid and efficient trading environment for sophisticated investors. As a native cryptocurrency exchange that offers institutional calibre trading performance, Bitfinex is set apart from the competition.”

The Hamburg-based start-up was founded in late 2019 by algo trading specialists to develop software for automated trading of cryptocurrencies and derivatives.

CryptoStruct has been expanding its network of partners, having recently completed its normalized low-latency market data and order entry gateways to Coinbase Exchange and OKEx, thus allows clients to scale their algorithmic trading strategies to one of the most famous crypto exchanges globally.

Prior to adding low-latency access to Coinbase Exchange, OKEx, and Bitfinex for sophisticated trading strategies with a great pool of liquidity, the software vendor has integrated the separate top-of-book feeds at Binance Spot and Futures, Bybit Spot, Huobi Spot & Future, Coin-M, USDT-M, FTX, and Deribit.

Bitfinex has added a Portuguese version of its educational content to offer the same level of opportunity among Bitfinex clients to better understand digital tokens and blockchain.

The crypto exchange has also recently launched a Financial Information eXchange (FIX) gateway amid a surge in demand for high-speed connectivity among the exchange’s growing user base.

The message routing service using the FIX protocol will be adopted by the cryptocurrency exchange to enable institutional customers to use their existing FIX infrastructure in order to connect to the Bitfinex platform.

The introduction of FIX will prevent bottlenecks on the platform, particularly during episodes of high levels of volatility, thereby enhancing overall levels of latency and performance on the platform.