Bitcon and cryptocurrency exchange HitBTC, announced it has started the process of rolling out the new and improved infrastructure of its exchange core and the migration thereof along with other services including its automated custody to LD4 data center in London, UK.
The updated architecture enables HitBTC to maintain high-performance to keep up with a growing number of trading options, new traders, and unexpected jumps in trading activity. The improvements made will better allow for the ability to react more quickly to changing market conditions resulting in sharp price movements. HitBTC’s preliminary benchmarks indicate mean door-to-door latency of 600 μs and 5 ms when utilizing FIX and Websockets/REST, respectively.
As mentioned, the automated part of the exchange company’s custody is also being moved to a highly secure LD4 datacenter. HitBTC’s custody solution is not susceptible to human factors due to its high degree of automation, and for 6 years since inception, it has never been breached.
Scalable, high-performance co-location services are an integral component for supporting the increasing demand for high-throughput access. HitBTC’s move seeks to ensure low-latency, versatile, and robust connectivity by hosting a data center in London. Along with its partner company BEQUANT, the updated infrastructure will provide brokers, hedge funds, and banks, among others, with the required infrastructure to access reliably the digital asset space.
“At HitBTC we are dedicated to providing institutional-grade connectivity solutions while maintaining system resilience, both of which are vital to expanding the reach of digital assets trading. HitBTC is the industry-leading provider of digital asset trading solutions with 150% more trading pairs than the nearest competitor and with an average throughput of over 10,000 orders per second. As such we are committed to continuously improving our infrastructure and delivering trading and market data connectivity with the lowest latency and maximum security possible.”
On May 20th, HitBTC informed the migration was successful.