Bitstamp is Welcomed by Nasdaq

As a crypto analyst, Joseph Young recently observed, “Blockchain and crypto affect two leading industries in the US and worldwide. Ethereum has become a crypto-startup; Revolut is expanding. As far as Ethereum is concerned, it is on its way to becoming the “Crypto-Startup of the Year.

The Nasdaq splashed the Bitstamp on New York City’s main street after it was announced that Nasdaq’s technology was integrating a new matching engine from vendor arm market technology.

“BitStamp is once again at the forefront of the technological evolution of crypto trading, intending to further our industry to the advanced players used in the performance of traditional financial markets,” said David Osoznik, Chief Technology Officer at BitStamp.

What distinguishes Bitcoin from traditional currencies is that it is decentralized, which means a central authority does not control it. You have to check to find out more about it. Check out Canada’s Reddit for a detailed summary, including a list of the ten best bitcoin exchanges in Canada and the US.

BitStamp is one of the oldest crypto exchanges currently operating with $200 million in trading volumes, says, “It now runs on the same infrastructure as the leading traditional exchanges, allowing us to improve performance and easily add new features massively.”

One review found that the impact on performance was huge, the exact hour of the upgrade was precise, and in addition to reducing spreads relative to other exchanges, especially during demand spikes, the output immediately rose around 10X.

With the Luxembourg-based exchange, Bitcoin is the latest addition to roll out their carpet for institutional investors, primarily serving Europe and other parts of the world. They are unique because of their EUR trading pairs that recently added GBP to the exchange.

Kraken gave them some competition, but this Nasdaq integration now sets the exchange apart where it should go for traditional investors.

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