To our Polo users,
As the market trends move in the blink of an eye, crypto traders need to act faster to better respond to the ever-changing markets and make smarter moves. That’s why we’ve ramped up the development of our new trading system to get it out to you on August 1, 2022. Now, you can enjoy an ultra-smooth trading platform with higher speed, as well as better stability and usability.
Thanks to the endless efforts of our global team, many improvements were made in the system and we have increased the new system’s order matching speed by 30x and TPS by 10x. Besides, the latency has been reduced by 5x. We also have a new API endpoint that has more comprehensive features and greatly reduces latency, which will benefit market makers as well as institutional and professional traders, who will also enjoy improved liquidity.
Apart from its speed, Poloniex’s new trading system also takes its stability to the next level with higher fault tolerance by adopting a microservice architecture and clustered deployment, and support service auto scaling if traffic increases significantly. In a nutshell, the upgrades significantly improve its capacity to handle traffic spikes to allow users to trade 24/7 without disruption.
For usability, the system’s UX and UI have also been optimized with more features including a market order, stop-market order, and an enhanced candlestick chart, all of which allow retail and professional traders to keep abreast of market trends to set out their investment strategies accordingly.
With the tagline “Trade Faster. Trade Better”, we hope that you will have a brand new trading experience because of the aforesaid improvements.
No doubt, the launch of the new trading system is a big step for our exchange and all credits go to our dedicated, diligent, and determined team for making it happen.
Yet, this is just the beginning of our plans to offer a top-tier trading experience. In the future we plan to add functionalities such as a margin system, staking and earning features, trading bots, and a better fiat onramp experience (just to name a few)…
The launch of this new trading system represents an important milestone for the company and highlights our strength as a prominent player in the crypto space.
Poloniex doesn’t fear the chill winds of the crypto winter as we continuously strive to provide our customers with top-quality products and services.
Together, we will continue to thrive and prosper.
The Poloniex team