Digital Assets: New Crypto Derivatives Exchange ZUBR Offers HFT, Low Fees to Smaller Traders
Traders can take positions on perpetual crypto derivatives with 20X leverage.
Crypto derivatives exchange ZUBR has gone live. It offers a fee structure that is the lowest in the market and an industry-grade, high-performance trading service for digital asset derivatives. (Finextra)
Tested digital exchange
Exactpro tested the software of ZUBR, its trading engine, and high-frequency trading feature. The examination also covered documentation and specifications, risk evaluation.
The exchange reportedly passed these tests, and executed trades in fractions of seconds.
“A number of testing tools developed by Exactpro to test our clients’ software were used for verifying functional and nonfunctional requirements of ZUBR’s new trading platform,” said Alexey Zverev, co-founder and director of Exactpro. We look forward to our continued collaboration with ZUBR on any new releases of their innovative technology.”
Exactpro has examined the technology of the London Stock Exchange since 2010.
ZUBR: A democratic offering that also includes the small guy
“The derivatives market is suffocated by players who marginalize smaller traders by offering preferential speeds and trading tools only to those who can pay them,” said ZUBR’s CEO, Ilgar Alekperov.
Further, all clients, regardless of size, may avail of ZUBR’s crypto perpetual derivative contracts with up to 20x leverage, execution speed in micro-seconds, London-based colocation and professional algorithmic trading infrastructure.
“We pride ourselves not only on performance but delivering a fair trading environment for all participants,” Alekperov added. “We want to nurture a healthy environment, where traders compete with skill and not with fee scales and rebates.”
Other features
Moreover, new exchange offers additional features that would prove attractive for all kinds of crypto traders:
- Already clocked volumes of $25 million since launch
- With its low fee and infrastructure ZUBR can become an arbitrage hub
- High-speed LD4 infrastructure with cross-connections
- Points of presence near major crypto exchanges
- Risk scoring and transaction tracking through the Crystal Blockchain platform
- As of March 2020, Crystal database considers wallets managed by ZUBR exchange to have a “Trusted Exchange” label
- Regular reporting and publication of analytics
The firm is registered in Gibraltar. However, ZUBR has located its infrastructure in London to gain an edge over the competition.
Related Story: Digital Assets: Asia-Pacific, the Most High Volume of Crypto Markets, Gets Cutting-Edge Exchange
Latest Alternative Investment News
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…