After two months of rebranding and working to increase the capacity of Cryptonit exchange users , the registry is open for new users. The interface of the Exchange and the trading engine have been completely renewed; this will allow the service to face larger loads. Since 2017, Cryptonit is part of the financial company Blockchain Finom AG , together with Nanopool , one of the largest mining groups, and TabTrader , a mobile application that allows to operate on 24 crypto exchanges.
The Cryptonit cryptocurrency exchange currently serves more than 38,000 users with BTC, ETH and EUR pairs available for trading. You can open a deposit by transferring funds through a bank card, direct transfer or crypto wallet. All these methods complemented with OKPAY can be used for withdrawal operations. No verification is required to deposit and withdraw funds in cryptocurrencies. Cryptonit commissions are still the lowest in the industry: between 1% and 4.5% for deposits and withdrawals.
Yegor Karatov, Director of Regulatory Compliance at Finom and co-founder of Cryptonit comments on recent changes regarding the platform:
“Recently, the sudden growth of bitcoins generated a series of new user registration closures at the largest crypto exchanges, including Bittrex, Kraken and CEX.IO. The flow of a new audience was cut, which caused a drop in the exchange rate of the cryptocurrency. The market lacks a wide variety of high quality and reliable platforms. This is the reason why we open Cryptonit to new users sooner than expected. The registry was temporarily closed to carry out the maintenance of the platform. All the technical work planned for the relaunch has been completed. The trading engine is fundamentally new, and we expect it to support higher charges compared to the previous one. ”
The exchange supports approximately one thousand transactions per day. The developers of the platform plan to significantly increase trading volume by incorporating LMAX Disruptor technology that will increase the capacity of the service to one million transactions per day. She will raise the exchange to the same level in the industry as Bitfinex, Bittrex, Poloniex and GDAX (Coinbase) have done.
Finom is a blockchain financial corporation formed by five companies: Nanopool, TabTrader, Cryptonit, Cryptal and Beetle.io. The mission of Finom is to make the world of finance available to everyone. The corporation acts as an aggregator of financial tools for the crypto community, providing an exchange, investment services and mining tools. The company’s services are already used by 520,000 customers in 178 countries. Earnings during the first 11 months of 2017 reached $ 3.2 million.
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