New Professional API Trading Program AlgoX Prime API Launched by eToroX

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    eToroX, the blockchain subsidiary of global investment platform eToro, has launched its institutional-grade API trading programme, AlgoX Prime. 

    “The AlgoX Prime trading program aligns with eToro's strategy of bridging the gap between blockchain and the traditional financial markets,” said Yoni Assia, CEO of eToro. “The ability to trade using APIs will help steer institutional traders to connect to the crypto market, and to utilize eToro's high-trading volume.”

    AlgoX Prime is the top-tier API program of eToroX Exchange, the eToro Group's regulated and secure cryptoasset exchange. Employing the deep liquidity of eToro, tight spreads, and bespoke capabilities for cryptoasset trading, AlgoX Prime is carefully tailored to suit the needs and requirements of institutional-grade algorithmic traders from both the traditional and crypto spheres. 

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    Doron Rosenblum, eToroX Managing Director, said:

    “AlgoX Prime, our new API trading program, offers sophisticated trading capabilities to institutional and corporate traders. We believe that it will open the door for institutional traditional financial algorithm trading companies to trade cryptoassets, and by doing so, greatly increase market liquidity.” 

    “It is highly significant that we are launching AlgoX Prime API trading programme today in South East Asia,” commented Jasper Lee, Managing Director of eToro Asia. “The market in this region is highly dynamic. People are very involved with crypto, and we believe that developments such as our new API program will greatly help facilitate mass adoption.”

    The program offers highly competitive fees, a free enterprise-grade market data package, and a high-quality, low-latency colocation service that incorporates professional-level connectivity, enabling direct access to eToroX's dedicated, high-security data centre. The continuous and ongoing rollout will include an ever-expanding list of cryptoassets, increased volume from eToro, and much more. 

    eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. The eToro Group consists of the eToro platform, our multi-asset trading and investment venue, and eToroX, which manages our crypto wallet and exchange. eToroX, a subsidiary of the eToro Group, provides the infrastructure, in the form of a crypto wallet and the forthcoming exchange, that supports our commitment to facilitating the evolution of tokenized assets. 

    New Professional API Trading Program AlgoX Prime API Launched by eToroX
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