Coinsetter Bitcoin Platform Adds New Features

Coinsetter

New York-based bitcoin platform Coinsetter has enhanced their operations with some new features. The Coinsetter team has worked tirelessly to adhere to suggestions made by users.

According to the company’s blog, their statement reads:

“We’re confident you’ll love the new and improved Coinsetter. Even better, our team of 12 Wall Street bitcoiners isn’t done yet. We’ll be releasing other great features over the next few weeks!”

The platform is a secure bitcoin trading operation with the necessary tools serious traders need. It enables users to access the best prices from major bitcoin exchanges and boosts trading. Additionally, the company was built by Wall Street professionals with loads of experience that feeds into the bitcoin ecosystem.

Though the company is still in its beta phase, it looks to bring the best possible bitcoin service to users. The new features consist of:

• Market order sizes of any dollar amount
• Interactive charts provided by Coinstackr
• Fixed issue preventing users from closing small fractional positions
• Better UI with easy to read dollar and bitcoin balances up to 8 decimals
• Trading speed and latency improvements
• Faster order book integration with Bitstamp
• Enhanced user notifications for invalid login attempts
• Performance enhancements to all web pages
• Various security enhancement

In reference to API features, users will have the ability to log into the website and the API at the same time. Timestamps will be added to the market data feeds and access will be granted to a greater depth order book. Furthermore, users will have the ability to call VWAP quote for a given quantity.

The company adds that more features will continue to make their ways to users, enhancing and simplifying the Coinsetter experience. The company refers to itself as an “institutional platform”, where low-latency and rapid trading takes place. For additional liquidity, the company will source Bitstamp’s order book.

Bitcoin Exchanges

Similar to bank exchanges, bitcoin exchanges allow users to deposit their digital currency to a storage system. Users create their own accounts with balances that allow for buying and trading.

Exchanges are meant to be safe, in that they assure no one gets cheated by another user. The exchange oversees all transactions. Bitcoin exchanges can be found all over the world, and usually take in most forms of currency.

After the collapse of Japanese bitcoin exchange Mt. Gox, exchanges such as SecondMarket, Bitstamp, BTC China and others need to focus more on staying secure.

Coinsetter is just beginning as a company, and needs to keep other bitcoin trading platforms in mind when dealing business.

For more bitcoin news, stay tuned to Coinreport.net.

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