Bitfinex Terminal Powers Data-Driven Algo Trading Strategies with Dazaar

ROAD TOWN, British Virgin Islands, September 23, 2020 – Bitfinex, a state-of-the-art digital asset trading platform, has launched Bitfinex Terminal, a real-time market data feed to power algorithmic trading, available on Dazaar

Bitfinex Terminal allows users to backtest trading ideas and execute trading strategies. Users can also sync and share trading data and trading signals, utilizing Dazaar’s peer-to-peer (P2P) network. These streaming data feeds can be cryptographically verified.

“Bitfinex Terminal has been developed to empower algorithmic traders,” said Paolo Ardoino, CTO at Bitfinex. “The delivery of this service over Dazaar’s peer-to-peer model enhances levels of  scalability for a service that is free and open to all.”

“The provision of real-time market data is a natural evolution for Bitfinex as it continues to build a market leading institutional offering,” said James Banister, CEO at Market Synergy. “I am sure this latest development will be welcomed by banks, brokers and hedge funds. It is a very positive step forward.”

The first set of data available on Bitfinex Terminal offers public trade data and is free to access through GitHub, following instructions from Bitfinex. The service, which is available to everyone, is accessed by navigating to Advanced Features where the Bitfinex Terminal tab offers a link to Download Dazaar, and access to the Bitfinex Terminal. Dazaar Cards are cryptographic identifiers that facilitate easy access to the data streams. Dazaar is an open-source P2P protocol for data streaming, built by Dazaar Limited to deliver information sharing by enabling access for everyone.

The launch of Bitfinex Terminal on Dazaar is part of Bitfinex’s commitment to give back to the community by building blockchain-powered innovative products that bolster crypto adoption.

Bitfinex is leveraging its position as a one-stop-shop for crypto trading, offering a variety of services, including margin trading with up to 5x leverage.

About Bitfinex

Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

 

Media Contact for Bitfinex

Joe Morgan

Senior Public Relations Manager

[email protected]

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Tech Junkie is a small word for Vikas Kaushik. Whether the latest game on the market or a new gadget launch he is the go-to person. He drives his motivation from the fast-paced technological advancements. He ensures that the right news reaches niche audiences. An avid biker and movie buff he has deep-rooted faith in upcoming technological inventions and is a torchbearer for the tech revolution.

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