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Learn| News & Trends |Behind the Scenes

New Year Brings Changes, Improvements to Kriptomat Platform

new year brings changes, improvements to kriptomat platform
28. 01. 2021

Kriptomat has completed its migration to a completely new software infrastructure. The new system brings us substantial security and scaling improvements, allowing us to provide a more secure, efficient enterprise-grade platform for trading, moving, and storing digital assets.

We’ve also made it our mission to provide better clarity to users. Here’s an example: With our new system, you will be able to see the exact number of coins you will receive in your wallet before committing to a crypto withdrawal. Small tweaks like these combine to deliver a smoother, more transparent experience compared to our previous system, which calculated network and transaction fees in the background, leaving you to estimate the transaction’s net result.

Security and trust are two of our most important values, and it shows in our due diligence when looking at partners. We follow a very stringent selection process, and only market leaders provide the level of security and quality we deem necessary. To that end, we’ve selected a custody provider who offers bleeding-edge security tech alongside comprehensive insurance coverage. The safety of your digital assets is our primary concern, and this custodial service delivers the security you deserve.

Another major benefit that comes along with our new and improved scalability is increased capacity to quickly and effectively list new coins and tokens.

With our new robust infrastructure in place, we’re able to vet and implement coins and tokens faster than ever before.

In fact, we’ve already added a dozen new cryptos with full trading and wallet support:

  • Polkadot (DOT)
  • Chainlink (LINK)
  • Uniswap (UNI)
  • Synthetix Network Token (SNX)
  • Maker (MKR)
  • Compound Token (COMP)
  • Yearn Finance (YFI)
  • Sushi Token (SUSHI)
  • Basic Attention Token (BAT)
  • Republic (REN)
  • Matic (MATIC)
  • FTX Token (FTT)

Additionally, we’re adding full wallet support to these existing assets:

  • EOS (EOS)
  • Tezos (XTZ)
  • Cardano (ADA)

With a redoubled focus on security, safety, and functionality, Kriptomat is starting 2021 off right.

We believe the improvements and upgrades we’ve made are setting us up for a very exciting year. The new levels of security and scalability we’ve established will bring us into a future filled with constant opportunity, and we’re excited to share it with our community.

NOTE

This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns. Risk only assets that you are willing to lose.

Crypto Basics Finance & Investing News & Trends
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