VADUZ, Liechtenstein – Liechtenstein Blockchain Innovator LCX announces the launch of LCX Smart Order. LCX Smart Order is an automated smart order routing system for cryptocurrency trading. Advanced algorithms compare prices across 10 crypto exchanges in real-time and execute orders at the best market price. The new smart order engine aims to simplify the digital asset management experience for crypto traders, family offices, hedge funds, and other asset managers.
The increased number of crypto exchanges has caused fragmentation of liquidity, as crypto assets are traded across multiple exchanges at different prices and in different amounts. LCX Smart Order is part of LCX’s high-performance, multi-asset trading system technology, LCX Terminal. LCX Smart Order provides ultra-low latency and high throughput with a full range of routing functionality, placing orders based on the best available option.
LCX Smart Order can be accessed via LCX’s Trading Terminal, which was launched in June 2019. LCX Terminal is a professional crypto trading platform to manage digital assets across multiple exchanges from one, fast and intuitive interface.
LCX Smart Order offers automated strategies for simultaneous and sequential routing allowing traders to access liquidity across multiple markets and leverage arbitrage opportunities.
Monty Metzger, CEO at LCX says, “LCX Smart Order is yet another step forward to simplify cryptocurrency trading. At LCX we follow a holistic business strategy to transform the speculative crypto market into a mature token economy.”
LCX Smart Order is initially available as part of LCX’s free plan. Sign up at www.LCX.com/smart-order
LCX, the Liechtenstein Cryptoassets Exchange, is a globally-focused financial technology company. LCX Terminal is a gateway service that enables users to view and analyze their digital tokens portfolio that may be stored with a number of leading cryptocurrency exchanges within a single interface. LCX’s platform has seen a recent jump in registrations while usage of LCX Terminal has been growing constantly.
LCX AG, the legal entity behind LCX.com, was founded in 2018 and has a registered share capital of 1 Million CHF. The company is headquartered in Liechtenstein, a country that’s part of the European Economic Area (EEA), and has offices in Switzerland and India. Liechtenstein introduced the Blockchain Act, aka the Token and Trustworthy Technology Service Providers Act (TVTG), which clearly defines and provides a regulatory framework for blockchain companies such as LCX.
While LCX is a tech company at its core, it also balances expertise in the sectors of crypto, blockchain, and banking. All team members have been at the forefront of innovation in these industries for many years and have led high growth companies in the past. The advisory board of LCX includes leading experts Don Tapscott (Author of Blockchain Revolution), Jimmy Wales (Founder of Wikipedia), Yat Siu (Serial Entrepreneur), and others.