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Bitfinex Launches Paper Trading For Honey Framework

Bitfinex Launches Paper Trading For Honey Framework Date 10/03/2021 Bitfinex, a state-of-the-art digital token trading platform, has launched paper trading for the Honey Framework, enabling users to test drive automated trading strategies in a simulated environment without putting real funds at risk. Bitfinex’s launch of paper trading on the Honey Framework serves to further democratise access to sophisticated algorithmic trading tools and data that has historically been the exclusive preserve of traders at investment funds. Users can use the Honey Framework to create custom order types or event-driven automated trading strategies in their paper trading sub-accounts. The framework, which integrates natively into the Bitfinex trading platform, also enables users to backtest market data to better inform their algorithmic trading strategies.

Bitfinex Launches Paper Trading For Honey Framework

Bitfinex Launches Paper Trading For Honey Framework
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Bitfinex Handles 400,000 Trading Events Per Second Amid Frenetic Bitcoin Trading

Bitfinex Handles 400,000 Trading Events Per Second Amid Frenetic Bitcoin Trading Date 09/02/2021 Bitfinex, a state-of-the-art digital token trading platform, successfully managed 400,000 ‘trading events’ per second yesterday amid a frenzy of speculation on bitcoin after Elon Musk s Tesla bought US$1.5 billion of the world’s biggest cryptocurrency. Bitfinex cemented its preeminent position, delivering a high-performance trading experience while rival exchanges suffered downtime amid soaring website traffic as the bitcoin price spiked to US$48,000. Bitfinex handled approximately 400,000 events, or connections, per second from a global customer base between 1pm and 5pm UTC on February 8th. These connections were composed of crypto investors seeking to trade or obtain a price for digital tokens.

Bitfinex | Benzinga

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