As a result of updating the trading system, the time to match orders on Poloniex has decreased by 30 times. Representatives of the crypto exchange told ForkLog about this.

The platform’s throughput has increased by 10 times and the waiting time between submitting and accepting applications has been reduced by five times.

The exchange has also redesigned its API endpoints and expanded its algorithmic trading capabilities.

The new engine uses a microservice architecture: information about markets, orders and user entities are processed by standalone modules. Thanks to this approach, failure of one component will not affect the operation of the others.

Microservices support cluster deployment and automatic system scaling. Poloniex employees will be able to distribute the load between modules in case of a sharp increase in traffic and perform technical work without stopping trading.

The developers have also added new features to the trading interface:

• market and market stop orders;
• eight additional time zones from one minute to one month;
• advanced search by trading pairs;
• access to “selected” tokens for unregistered users.

Poloniex is one of the oldest crypto exchanges in the world. The platform supports spot and futures for 400 cryptocurrencies and serves users from all over the world.

We’ll remind you that Justin Sun, co-owner of Poloniex and founder of TRON, said earlier that the platform will continue to hire employees despite the bear market.

Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.