Bitget, the well-known cryptocurrency Exchange and Web3 Company, has announced a new partnership to improve its services and enhance its customer trading experience.
Reportedly, Bitget will work with top quantitative trading company Kronos Research to increase the market liquidity and trading efficiency of its platform.
The partnership aims for deeper liquidity and tougher spreads
As Bitget explains, this strategic alliance with Kronos’ research allows the exchange to provide deeper liquidity and more stringent bid spreads.
This allows digital asset traders and Bitget institutional clients to execute bulk orders with minimal slip. The goal here is to make Bitget trading more efficient and cost-effective for users.
CEO highlights enhanced institutional services, trading experience
Bitget CEO Gracy Chen highlighted Crypto Exchange’s ongoing commitment to providing world-class in-facility trading services. According to Chen, partnering with Kronos Research allows Bitget to meet the high standards of security and liquidity required by institutional clients.
Kronos Research CEO Hank Huang said the collaboration will allow his company to deploy an optimized liquidity strategy at scale. According to Huang, this setting drives closer spreads, increases market depth and provides users with a better trading experience. CEO Kronos Research also noted that his company’s infrastructure provides the low latency and high execution speeds required to operate seamlessly across diverse market conditions.
Related: Bitget launches BGUSD, a stable token for its new real-world asset innovation
Focus on seamless execution and market stability
With each implementation and execution, Bitget plans to maximize Kronos Research’s infrastructure to unlock more seamless and responsive trading environments.
According to the latest announcement, the integration will encourage slip reductions, price movement stabilization, and more consistent trade execution across the market cycle.
Strategic moves to expand the institutional offering of Bitget
The latest collaboration is consistent with Bitget’s goal of expanding its services to institutional clients in 2025, and is a central focus on the strategic roadmap.
Related: Bitget Wallet brand with the “Crypto for Everyone” movement launches a $1 million campaign
Crypto Exchange works with over 1,000 institutional partners to serve them through continuous innovation, strategic integration and enhanced product offerings. In the meantime, Bitget customers will cut down individual partners and large investors.
Disclaimer: The information contained in this article is for information and educational purposes only. This article does not constitute any kind of financial advice or advice. Coin Edition is not liable for any losses that arise as a result of your use of the content, products or services mentioned. We encourage readers to take caution before taking any actions related to the company.
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