Cryptocurrency exchange Wisebitcoin has announced the launch of SYNTHETIX (SNX) against USDT as an aggregated trading pair. Aggregated trading pairs do not support deposits and withdrawals. Instead, by using an aggregated trading pair, Wisebitcoin automatically takes buy and sell orders from its users and places those orders on both Wisebitcoin as well as other network exchanges. This approach ensures that these tokens and assets are in full reserves and are available for trade on the cloud network of exchanges.
Aggregate trading helps high-growth platforms such as Wisebitcoin to quickly provide users with access to liquidity for new and popular crypto tokens and assets. Furthermore, using an innovative local and external order matching mechanism, Wisebitcoin’s aggregate trading system provides transaction speeds and user experiences that are similar to those seen when placing orders for other trading pairs on Wisebitcoin.
About SNX (SYNTHETIX)
Synthetix is a derivatives liquidity protocol that is the backbone for derivatives trading in DeFi. It allows anyone, anywhere to gain on-chain exposure to a vast range of assets. At present, almost $1 billion is locked in Synthetix’s DeFi smart contracts.
About Wisebitcoin
By providing liquidity, fast transactions, low fees, and a clean, intuitive UI to traders, Wisebitcoin makes it easy to invest in the crypto space and to trade popular, high market cap tokens and assets. By adding aggregate trading for SNX to the platform, Wisebitcoin opens the doors to investment in one of the most popular decentralized liquidity and DeFi trading projects in the market.
