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recommend products to earn commissions and income ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum.

recommend products to earn commissions and income ✌️【365vc.net】✌️Low investments, high profits! Start with ₹500 and earn consistent monthly income.When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.Bitfinex is one of the most successful cryptocurrency exchangesglobally andis owned and operated by iFinex Inc.A favourite of experienced online traders due to its advanced trading tools,Bitfinexis accustomed to handling some of the largesttrading volumesin the industry.During the March 12 stock market crash instigated by thecoronavirus pandemic’s disruptionto the world economy, cryptocurrency exchanges experienced amassive sell-offof Bitcoin andEthereum.When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.One of the men at the helm of this goliath of the crypto space is Paolo Ardoino, the Chief Technology Officer for Bitfinex.

recommend products to earn commissions and income ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.Ardoino is also the CTO for Tether,the world’s most utilized stablecoin.In this exclusive interview with Blockchain.News, Ardoino discusses his journey, the resilience and future of Bitfinex, stablecoins and Bitcoin’s safe haven status.Ardoino started in the Bitcoin crypto space between 2012- 2013.He had been working in the traditional financial sector in London.

He had his own startup at the time with a focus on building highly scalable applications as a part of computing and distributed systems.With a background in finance and scalable applications, Ardoino was a perfect match for Bitcoin, he said, “As soon as I started reading about Bitcoin, I fell in love.”After conducting his own experiments with the pioneer cryptocurrency, Ardoino was presentedwiththe opportunity to join Bitfinex at the end of 2014.

He said, “They had a problem with the matching engine.

Given my expertise, I offered my help to build the matching engine to be more scalable.” With Ardoino onboard, “We were able to achieve 1,000 times the previous number of transactions per second.”Ardoino soon began to grow bored of his own company in London which was mired in traditional finance.

He said, “The old, outdated protocols were no longer interesting and I wanted to do something that was related to Bitcoin and the crypto space.

I saw this as a huge opportunity to do something that would matter in the long run — to help change the financial system itself and leverage the groundbreaking technologies based on blockchain.”In mid-2016 Ardoino became the CTO of Bitfinex and to this day remains hands on at the core of the platform’s technology.He said,“I worked hard to bring the platform to what is today.

recommend products to earn commissions and income ✌️【365vc.net】✌️Invest with confidence using AI insights. Start at ₹500 and watch your wealth grow exponentially.The beautiful interface, carefully designed and really robust, the matching engine and APIs were all a priority, as well as making it all highly scalable.

recommend products to earn commissions and income ✌️【365vc.net】✌️Invest small, earn big! ₹500 to start, with potential 100% returns in just one month.This is basically still my role today.

recommend products to earn commissions and income ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.Apart from managing my team, I keep working on the core of the platform.”In 2017, Ardoino was appointed CTO for Tether, the biggest stablecoin by market capitalization.

recommend products to earn commissions and income ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.A huge fan of the project he said, “It’s really one of the most amazing ideas in this sector.

Everyone today talks about Tether, but it was really created by a group of visionaries and Bitcoin lovers in 2014.

recommend products to earn commissions and income ✌️【365vc.net】✌️Safe and proven fund strategies. Begin with ₹500 and achieve 100% monthly profits.They had this great idea to solve the problem of arbitrage, especially efficient arbitrage across cryptocurrency exchanges.”Ardoino explained, “The arbitrage opportunities were really big, but the problem is that to exploit those, you have to move wires around different exchanges.

It was really painful and really slow — it could take days! Tether was the solution for that and worked out beautifully.”Bitfinex is leveraging its position as a one-stop-shop for crypto trading, offering a variety of services, including spot trading and peer-to-peer financing with up to 5x leverage.The platform also offers users access to a separate, perpetual swap contract offering 100x leverage through its affiliate, iFinex Financial Technologies Limited.

recommend products to earn commissions and income ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.Ardoino highlighted, “One such perpetual swap pair is the Tether Gold/Tether pair (XAUTF0/USTF0) which we launched last month.”During the March 12 and 13 crashes, Bitfinex was handling up to $11.8 million worth of trades per minute.

recommend products to earn commissions and income ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.Ardoino said, “This was possible as Bitfinex is the most liquid exchange for Bitcoin and Ethereum, having such high liquidity, we are able to provide traders with tighter spreads and lower slippage.” He continued, “In most other crypto exchanges, volume can be made by market makers that all quote small sizes near the top of the book.

Liquidity is much more precious and harder to replicate.

In this regard, Bitfinex is king.”The Bitcoin and Ethereum sell off was so extreme it prompted another popular exchange, Huobi Global to install a circuit breaker as a precautionary mechanism.recommend products to earn commissions and income High Return Investments for Everyone: Start Now