Key Points:
The new product called the “Distributed Crypto-Currency Smart Order Router with Cost Calculator” is designed to help traders navigate the complex and dynamic cryptocurrency markets. The software allows traders to execute trades across centralized and decentralized exchanges, including dYdX and Uniswap. CoinRoutes claims that its product offers a more cost-effective and secure solution than its competitors without compromising on data quality.
The company’s CEO, Dave Weisberger, says that the patent is a recognition of CoinRoutes’ ability to provide clients with a tool that wasn’t previously available to digital asset traders. CoinRoutes assures users that it will not have access to their keys. According to Weisberger, many exchanges listing cryptocurrencies at different prices and exchange-specific requirements create issues for traders, making it difficult to execute trades when needed. CoinRoutes’ latest product aims to solve this problem by consolidating data from different exchanges and presenting it in a user-friendly format.
The idea for the new product came from CTO Ian Weisberger, Dave’s son, who first drew up the design on a napkin in 2017. Since then, the product has gone through several iterations to become the enterprise solution it is today.
With the patent approval, CoinRoutes has achieved a significant milestone in the highly competitive cryptocurrency trading software market. The company’s cutting-edge technology and cost-effective pricing model make it a strong contender in the space.
CoinRoutes’ new product is a promising development for traders looking to navigate the complex world of cryptocurrency trading. Its user-friendly interface and secure platform make it a valuable addition to the market.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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