CEX.IO has announced an update to its liquidity aggregation engine, enabling access to a broader range of external liquidity sources.

The enhancement tightens the order book, minimizes price discrepancies, and provides near-zero spreads on most trading pairs, according to a press release shared with crypto.news. For traders, this translates to lower transaction costs and a more stable trading experience.

Liquidity, in this context, refers to how easily an asset can be bought or sold without significantly affecting its price. In the cryptocurrency market, exchanges often source liquidity externally to ensure prices align with global market trends.

CEX.IO’s updated engine aggregates multiple sources of liquidity, allowing single orders to be filled at the best available prices. This reduces slippage—the difference between the expected and actual trade prices.

“This cycle is unlike any previous we witnessed. Market volatility is intense, and new opportunities are emerging and fading away rapidly…Our enhanced liquidity pooling features are designed to deliver the convenience, transparency, and clarity that today’s traders expect.”

Rich Evans, Managing Director at CEX.IO

Spot trading and leveraged margin trading

Since the upgraded engine’s rollout, CEX.IO has climbed into the top five centralized exchanges for liquidity at 2% depth, a critical measure of trading efficiency, according to data from Kaiko.

The update is available for spot trading across all jurisdictions where CEX.IO operates, including the U.S. and the European Economic Area. It also supports leveraged margin trading in select regions, such as the Philippines, Jamaica, and South Africa, in compliance with local regulations.

CEX.IO resumed its U.K. operations in September after a 10-month suspension, aligning with FCA guidelines following the 2023 Financial Promotions policy. The platform, approved through Gateway 21, now offers access to 190 digital assets while awaiting FCA anti-money laundering registration.