According to the WSJ report, the problem that the startup aims to solve stems from a fragmented trading environment
across global cryptocurrency exchanges, where, for instance, the price of bitcoin can vary between platforms.
Not exact matches
In fact, since its top of $ 19,600
across global exchanges back in December bitcoin markets and many other
cryptocurrencies values have tumbled significantly.
As
cryptocurrency prices stabilized
across global exchanges, CoinMarketCap reinstates its decision to include South Korean
exchanges.
However, the
cryptocurrency market and investors within it failed to acknowledge that prior to the futures market, the
global cryptocurrency market wasn't all that liquid, and daily trading volumes
across most
exchanges were relatively low.