RATE Group | Cinnober enhances cryptocurrency trading solution with GAP600 transaction service
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Cinnober enhances cryptocurrency trading solution with GAP600 transaction service

04 Oct Cinnober enhances cryptocurrency trading solution with GAP600 transaction service

Posted at 17:36h in Cryptocurrency News by

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Cinnober, an independent provider of exchange and clearing technology, is to make GAP600’s instant cryptocurrency transactions functionality available as an add-on service to Cinnober’s cryptocurrency exchange offering. 

“GAP600’s instant confirmation service removes the lag time associated with cryptocurrency deposit transactions between users and exchanges,” says Eric Wall, Cryptocurrency and Blockchain Lead at Cinnober. “Such transactions can take 60 minutes or more until they are visible in the user’s trading account. Due to the volatility in the cryptocurrency markets, the value of the assets can change significantly during this time. This problem is removed with GAP600’s service.”
 
“The cooperation with GAP600 strengthens our cryptocurrency offering further, delivering additional benefits to clients,” says Peter K Lenardos (pictured), CEO of Cinnober Group. “The current lag time for transactions over the blockchain is a major pain point for those…

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