Cryptocurrency exchange FTX will launch its V2 version with an improved order matching engine in November.
FTX, which is considered one of the best crypto exchanges globally, has announced the new version of the exchange. The new version, which will be released on November 21, will improve users’ performance experience. The feature, which offers more functional trading, will be able to reduce delays by 50 percent.
FTX V2 Available End of November
The popular cryptocurrency exchange will introduce its brand new system to its users at the end of November. FTX CEO Sam Bankman-Fried rated the update as a faster algorithm. Sam promoted the V2 model of the crypto exchange via social media.
The trading engine of the FTX exchange has been subject to negative reviews by users for a long time. The main focus of the complaints came to the fore as delays in the processing algorithm and low efficiency. Stock market users, who complain about the disruptions in purchasing and selling processes, receive the update they expect at the end of November.
According to Bankman-Fried, these improvements will reduce latency by about 50 percent. In addition, thanks to this algorithm, the stock market volume will be doubled. Bankman-Fried stated that the new update is ready and is looking forward to making it available to users.
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