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Gold-i's Crypto Switch FAQ's

  • What problem is Crypto Switch 2.0 solving?

There is a growing number of institutions seeing demand from their clients who want to invest in digital assets.

The difficulty faced by many is implementing a solution from the ground up that meets all their requirements, including access to deep liquidity, risk mitigation, settlement with multiple parties and time to build and implement such a solution.

Crypto Switch 2.0 offers an end-to-end solution for the access and trading of Crypto and digital assets fit for institutional needs.

 

  • Is Crypto Switch 2.0 a Prime Broker?

No, Crypto Switch 2.0 is a digital asset technology platform. However, it essentially works similarly to a Prime Broker relationship, whereby you trade against several aggregated market makers and clear/settle with a single counterparty. We offer two variations of this setup, a centrally settled model or a centrally cleared model.

 

  • How does Crypto Switch 2.0 technology work?

Crypto Switch 2.0’s technology allows you to manage and aggregate Crypto feeds, through either an MT4 Bridge, MT5 Gateway or direct FIX API connection. Graphically, this platform has the most comprehensive administration and monitoring suite, making it simple to set up and use on a day-to-day basis.

Primary and secondary liquidity feeds can be configured for all instruments, pools and streams enabling frictionless Fail-over and Fail-back. Multiple configurations may be created and loaded as required, encompassing parameters such as: Best-bid or offer, Sweep-the-book and Primary/Secondary configuration of specific LPs.

Using the Crypto Switch 2.0 monitor you can view incoming pools for specific symbols to analyse market depth and the outgoing pricing stream.

 

  • Do I store FIAT currency or Crypto assets on the Crypto Switch 2.0 platform?

No, collateral is stored with the central clearinghouse, if using the centrally cleared model, or with the various counterparties involved in the centrally settled model.

 

  • Which assets does Crypto Switch 2.0 support?

As a technology provider, we have integrated with several large Market Makers who support a range of digital assets such as BTC, ETH, XRP, LTC, BCH.

 

  • How is Crypto Switch 2.0 different from other providers?

There is a lack of credibility in the digital assets space, but Crypto Switch 2.0 by Gold-i have a team with a proven track record in Crypto and FX. Our partnership with Zero# and FXCH allows you to hedge Crypto flow and cover counter-party risk with a fully cleared and centrally settled solution. 

 

  • Who are Zero# and FXCH and how do you work with them?

Zero# facilitates the storage of digital assets, on and off-chain settlement, and verifiable proof of assets for transactions. Gold-i post transactions with the various counterparties to Zero#, who settle these transactions.

 

  • Is Crypto liquidity from a Market Maker better than from an Exchange?

Yes, while exchanges have a role to play in the cryptocurrency industry, markets need a ‘liquidity provider of last resort to cope with the volatility and unpredictability of the market. 

 

To learn more about Gold-i's Crypto Switch 2.0, click here

For a free demonstration or to arrange a trial on any of our award-winning FinTech solutions, please contact sales@gold-i.com 

About the author

Gold-i

Gold-i

Gold-i is a global market leader in trading technology, helping hundreds of multi-asset brokers to transform their trading operations with robust liquidity management solutions, award-winning MetaTrader Plug-ins, business intelligence tools and all with the best support in the industry. Gold-i has won over 20 trade awards in recognition of its innovative products, commercial success and future potential, including a prestigious Queen’s Award for Enterprise 2014. Has been recognised as one of the most influential Fintechs in 2018 and 2019.