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In early November we talked about a brand-new exchange soon opening its doors, based in New York City, Coinsetter. At the time it was noted that the Coinsetter order book would be integrated with Bitstamp’s, and at last, it has.
Coinsetter today announced that the activation of the Bitstamp integration is complete, and is available to the site’s small group of beta testers.
“We are excited to announce that we have integrated Bitstamp’s order book into Coinsetter, which brings a deep source of liquidity to traders on our platform,” the company said in the announcement. “Our partnership with Bitstamp is an important step forward in providing our customers with the most liquid and scalable trading platform on the market.”
According to the company, Bitstamp quotes are to be displayed on their consolidated order book.
As you trade, out-of-market limit orders will rest on Coinsetter’s order book, and we will fill those orders when they are matched by a quote on Bitstamp or when matched by the order of another Coinsetter user. Market orders and marketable limit orders will be filled on Coinsetter’s consolidated order book, which will include quotes from both Bitstamp and other Coinsetter customers.
Coinsetter says they’ve got more exciting news coming soon, so keep it here for the latest.
