Trading has come to be seen as a very important aspect of the cryptocurrency ecosystem and this has been the reason why a lot of exchanges has been created to meet the demands of this ever growing and ever expanding market market. With a lot of crypto exchanges comes a lot of problems such as:
-Crypto trading is highly volatile and sometimes profitable trades placed by traders doesn’t get executed by the system due to the exchange’s inability to handle the high volume of trades being conducted on the platform.
-The exchanges sometimes shut down unexpectedly and might take hours and sometimes days to get the system back online and a lot of traders get regularly agitated by this issue.
-Liquidity is another problem that is facing some exchanges around. This problem most of the times arise as a result of low supply or demand of some cryptocurrencies on the exchanges causing the traders to wait for required buyer or seller as the case may be to arrive on the exchange before the trade can be completed.
-Also, some exchanges are unable to apply the stop loss function properly on their exchange and this poses a serious problem as it result in losses for traders in some circumstances.
Some of these reasons and more facing the cryptocurrency trading system is the reason why BaseFEX has been created.
BaseFEX is a cryptocurrency derivative exchange that has been created in order to make room for / allow traders to successfully place orders under any market condition.
BaseFEX is developed by top industry professionals with the use of top class cutting-edge technology from the dynamic internet industry, which has proven to be way more performance optimizing than the commonly used and decades-old technical solutions employed in the financial industry.
BaseFEX’s mission is to be the most reliable, transparent and advanced cryptocurrency derivative exchange, and make trading very smooth, secure and accessible to traders worldwide. The experienced team behind the creation of BaseFEX includes Jesse Wu, the Cheif Executive Officer and Issac Zeng, the Cheif Technical Officer of the company among others.
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