While the crypto trading economy experienced unprecedented growth last year, issues such as fragmented markets and unclear compliance have always been apparent. These issues have been restricting access and affecting factors such as market liquidity, both of which have been emphasised and impacted by the current market.
LXDX is another exchange based on Europe’s “Blockchain Island” – Malta. The nation has established itself as a crypto hub over the last 12 months thanks to its progressive stance on crypto and blockchain regulation, which has attracted well-established exchanges such as Binance, Bittrex, and ZB.com to the island.
Having worked with the likes of Tower Research, DRW and Laurion Capital, LXDX differentiates itself from the major players by leaning on its decades of trading experience at the highest levels and dedicating itself to delivering a superior capital market experience. The LXDX platform has been specifically designed for crypto derivatives, enabling institutional trading of cryptocurrencies and other digital assets. It also offers crypto-financial services that combine algorithmic smart routing and dark pool trading – all from a single account.
Both Amazix and LXDX believe that the user and the community lie at the heart of success in the cryptosphere, and LXDX’s new platform will put them first by giving them protection as they trade.
Joshua Greenwald, CEO at LXDX, commented:
In the world of crypto, it is of increased importance to be discerning regarding how you choose your partners. Amazix has shown great commitment to being exemplary stewards of community and possessing an ability to adapt to the changing needs of the industry. We are proud to have the help and support of Amazix on this mission.
Jonas Karlberg, CEO at Amazix, said:
We believe that the LXDX platform offers a glimpse into the future that the crypto trading world demands. It’s built for a scenario of the million-token world, with connectivity to every major exchange and dark pool trading. It aims to give users protection beyond what exchanges today can – transparent routing, regulatory compliance, licensing, market surveillance.“Someday, these services will also be available to the every-day trader – many of whom form the communities we’ve helped to manage – and we believe LXDX will be among the first to enable this.
LXDX is currently working on efforts to scale the platform to eventually serve all classes of investors, financed by a complete LXDX security token.