Uniting Centralized and Decentralized Cryptocurrency Markets with Cryptowatch and Totle
To date, cryptocurrency exchanges and decentralized financial markets have grown alongside each other with little overlap. That’s about to change.
Now, through a partnership with Cryptowatch and Totle, you can use Kraken’s Cryptowatch platform to access rich decentralized exchange data via Totle in the same place you trade on top cryptocurrency exchanges!
A Stronger Ecosystem
Cryptowatch and Totle teamed up to allow users to execute cryptocurrency trading strategies on both centralized exchanges and decentralized financial applications from a single platform. This partnership is the first step to unifying two sides of a divided market and, ultimately, ensuring the success of the cryptocurrency and decentralized finance space as a whole.
“Bringing together the centralized and decentralized market is a logical next step in the evolution of cryptocurrency,” said Maxime Bucaille from AirSwap, Totle’s decentralized exchange partner. “By working together, we can create a liquidity-rich ecosystem that benefits both sides of the market.”
The Cryptowatch platform is integrated with multiple popular cryptocurrency exchanges to provide users with a holistic view of the cryptocurrency market. This enables users to conduct a robust analysis of the market, view macro-level trends, and determine the optimal conditions to execute trades.
By selecting Totle to query pricing on Cryptowatch, users will now be able to assess the performance of top ERC-20s at decentralized exchange venues – and therefore gain an even broader awareness of the market. Fully integrated decentralized trade execution leveraging Totle’s price discovery and smart-order-routing will follow in the near future.
Desktop and Mobile
Access all the charting tools and cryptocurrency analysis resources Cryptowatch offers on both desktop and mobile. Never miss a key opportunity to execute trades on funds held on cryptocurrency exchanges or personal holdings ready for use in the decentralized financial market.
Totle: How it Works
Cryptowatch pulls pricing information from the Totle API to display real-time on-chain trade data for top ERC-20 pairs across DEXs. “We’re excited to put a spotlight on the decentralized exchange ecosystem by integrating with Totle. DeFi has a lot of potential to continue pushing the world down the path that Bitcoin started and we think Totle is the perfect partner to work with in promoting it,” said Artur Sapek, Founder of Cryptowatch.
Totle is able to provide this information by aggregating top decentralized exchanges. Totle currently integrates Kyber, Bancor, 0x Mesh, AirSwap, UniSwap, and other leading liquidity sources.
Kyber, one of the leading decentralized exchanges, is delighted to be working with Totle to provide Cryptowatch with decentralized exchange data. “This will improve users’ ability to blend decentralized and centralized trading strategies together,” Loi Luu, CEO of Kyber said.
Access DEX Pricing from Cryptowatch
Ready to start combining your cryptocurrency exchange and decentralized trading strategies together? Click here: Cryptowatch
Totle enables access to decentralized exchange (DEX) liquidity and trade data for ETH/ERC20 markets, including stablecoins such as DAI, by aggregating DEXs into a single API. Totle’s price discovery engine enables smart-order-routing to ensure the best price for trades. Totle never takes custody of funds and all trades are settled directly on-chain.
Based in San Francisco, Kraken is the world’s largest global digital asset exchange in euro volume and liquidity. Kraken’s clients also trade US dollars, Canadian dollars, British pounds, Japanese yen and other digital currencies on a platform consistently rated the best and most secure bitcoin exchange by independent news media.
Founded in 2011, Kraken was the first digital asset exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit and one of the first exchanges to offer leveraged bitcoin margin trading.
Kraken is trusted by over 4 million traders, institutions and authorities across the world. In 2018 the exchange processed nearly $90 billion in volume while its white-glove OTC desk handled over $2 billion in trades. Since 2016, Kraken has acquired major bitcoin exchanges Coinsetter, Cavirtex and CleverCoin; the award-winning wallet-funding service Glidera; and the popular multi-exchange charting, trading and portfolio tracking platform Cryptowatch, expanding its global reach.
Kraken is backed by investors including Hummingbird Ventures, Blockchain Capital and Digital Currency Group, among others. For more information about Kraken, please visit https://www.kraken.com.