Building a new P2P crypto exchange with instant settlement
Despite the current massive growth in crypto markets, there were times when exchanges and other market intermediaries were illiquid, fragmented, insecure for custody, and costly. Between 2014 and 2019, I was heavily involved in running a bitcoin arbitrage fund in Switzerland. I created strategies when it was still legal to trade bitcoin in China, before Bitfinex was hacked, and when the US-based exchanges (Kraken, Coinbase, itBit, CEX) and Bitstamp had price discrepancies ranging from 0.5% to...
Building a new P2P crypto exchange with instant settlement
Despite the current massive growth in crypto markets, there were times when exchanges and other market intermediaries were illiquid, fragmented, insecure for custody, and costly. Between 2014 and 2019, I was heavily involved in running a bitcoin arbitrage fund in Switzerland. I created strategies when it was still legal to trade bitcoin in China, before Bitfinex was hacked, and when the US-based exchanges (Kraken, Coinbase, itBit, CEX) and Bitstamp had price discrepancies ranging from 0.5% to...