Big congrats to all those Matic/Polygon holders with another incredible 100% week. Also joining the 1x club this week is Waves, Fantom, OKB, and Venus. Not to be overshadowed of course is another great run for Dogecoin and a new ATH everyday for Ethereum. This week we’ll be looking into a not-so-new trading platform called Kattana.
Introduction
Kattana is one of the world’s first desktop terminals for trading blockchain assets through all aspects of the professional traders’ workflow. The Kattana terminal allows users to trade in real-time over many DEXs with advanced order types and high-quality charts. With tools before not even heard of in DeFi. Kattana aims to be a versatile trading platform that enables users to use a wide range of tools on both centralised and decentralised exchanges. Their full suite of trading tools comprises technical analysis, portfolio management, and automated strategy execution among other useful features in their all-in-one trading terminal. Kattana is a project that allows everyone to have the same tools a professional trader would at their desk. While the platform is yet to launch in Q2 2021. Kattana has actually been operational and in public beta since late 2018. The Kattana Trading Desk started in CeFi where it had been providing tools to assist traders in their journey. With the potential of DeFi Kattana saw an opportunity to bring their CeFi platform to the DeFi market. With a new full-suite of top-grade graphs and tools to let anyone trade DeFi like a pro.
With Kattana the number of users was intentionally restricted to a small number to guarantee the functioning of the platform and avoid any outages. This strategy has been beneficial to not only the customers but also for the platform. Gaining a loyal group of traders and passionate users that helped shape Kattana as it is. With the core functionality already developed and market-tested, years of development can be saved to deploy Kattana . Taking a few months to add improvements that weren’t possible in CeFi but work in DeFi, the platform is ready to be released. With Kattana you can trade in real-time using over 40 DEXs, with advanced order types, and the highest-quality-charts to enable the kind of a command center that used to be out of the price range of almost everybody. Anyone can sign up for the Whitelist now in anticipation of the public release.
Getting into some of the features available on Kattana are three different types of limit-orders available to users. Like every exchange you have a Limit Market Order that allows you to create conditional orders for setting a desired sell/buy prices for strategically executing trades in specific market conditions. Second is a standard Limit Order to buy/sell assets at a set price that’s no higher/lower than specified. This type of order is made to protect users from buying at a high price or selling at a low one. It’s not meant for a specific user but rather for the arbitrage traders that will likely fill the order, to collect a small fee on top of the deal value. Third is the hybrid CE-DE Limit Order. Through the combination of decentralized and centralized environments users will be able to buy/sell a specified asset on a centralized exchange without having to make a deposit on that exchange. With the ability to make exchanges on the platform at a substantially-high pace…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
