Cryptocurrency Hosting Provider

Connect to the cryptocurrency market with Beeks, via connectivity to one of our crypto exchange partners.

Select your Crypto Connect Package >

Do you require secure infrastructure on which to run your cryptocurrency trading algorithms? Have you been looking for low-latency connectivity to a cryptocurrency exchange?

Beeks can provide this in the select Beeks Crypto Connect package. With the option for a dedicated server and cross-connect to a crypto exchange in New York or London, this new service offers the optimum setup and environment for cryptocurrency traders and institutions looking to source crypto liquidity.

If you are a cryptocurrency exchange looking for hosting, we can provide servers based in crypto hubs such as NY4 or any of our other datacentres. For example, Beeks hosts Bequant Exchange’s matching engine in London, guaranteeing consistent speed of access to all participants.

We currently offer several connectivity options to cryptocurrency exchanges, including:

  • Gemini Exchange in NY4 – a digital asset exchange and custodian for individuals and institutions
  • Seed CX in NY4 – an institutional digital asset exchange for spot trading
  • LMAX Digital in LD4/5 – the institutional cryptocurrency exchange from the LMAX Exchange Group
  • BEQUANT Exchange in LD4/5 – a cryptocurrency exchange with prime brokerage services
  • Deribit Exchange in LD4/5 – a futures and options exchange for cryptocurrencies
  • XTRD in NY4/5 – Unified FIX API, aggregated liquidity for major cryptocurrency exchanges, and a standalone professional trading platform

The Beeks Crypto Connect Package starts at £246 per month and consists of:

  • Dedicated server hosted in one of three Equinix datacentres
  • Dedicated low-latency connectivity over fibre to the cryptocurrency exchange of your choice

Low-Latency Connectivity

Beeks can provide a high-speed, direct link to Gemini Exchange in NY4 over a dedicated fibre line. With sub 1ms latencies, this option can provide an ultra-fast cross-connect for cryptocurrency traders who desire swift and reliable connectivity.

Gemini Cryptocurrency Exchange

Gemini Exchange is a digital asset exchange, for transactions in Bitcoin (BTC), Ethereum (ETH) and US Dollars. They supply multiple order types and execution options to facilitate trading strategies. In December 2017, they successfully launched the first ever Bitcoin Futures contract with Cboe.

Cryptocurrency Licensing and Regulations

Gemini Exchange is highly regulated and is subject to capital reserve requirements, cybersecurity requirements and banking compliance standards set by the New York State Department of Financial Services (NYSDFS). This provides a secure and licensed platform by which Beeks’ clients can source and trade cryptocurrencies.

What is Cryptocurrency?

The majority of cryptocurrencies are traded just like stocks and shares are traded. The key difference is that there’s no third-party involved in cryptocurrency transactions. Blockchain technology replaces the role of intermediaries.

Blockchain is the technology that gave birth to cryptocurrencies in 2008 when Nakamoto Satoshi unveiled the Bitcoin Whitepaper to the world. In that document, what’s now commonly called blockchain is described as an incorruptible digital ledger. Blockchain is decentralised, meaning there’s no one person in control of it. It’s a distributed public ledger that runs on computers around the world with transactions updating and verifying ownership before a transfer happens.

It’s not just for financial transactions though. The ledger can be used to record everything of value, such as domain names, title assets, ownership of digital files such as MP4s, which could be used to prevent digital media piracy.

Bitcoin was Just the First-Generation Cryptocurrency

Bitcoin was the first-generation digital currency to go live in January, 2009. Right at the time of the financial crash when investors were open to the idea of a new digital currency. One that would be difficult for governments to control given the economic crisis taking shape at the time the world was witnessing how politicians and banking bureaucrats had crashed the global economy. That would only be one factor for early adopters.

In the years to follow, Bitcoin’s value soared to never seen before highs with triple percentage figure returns, Bitcoin exchanges opening online, and retailers beginning to accept Bitcoin as payment for goods both online and offline.

The price of Bitcoin inflated, and then in 2013, a second generation of Blockchain technology was proposed by Vitalik Buterin…

The Ethereum White Paper

Ethereum could be considered as 2nd generation or next-gen blockchain technology. One that enables Smart Contracts to be securely developed and executed on an open-source blockchain enabling the transfer of any asset. It’s a Turing-complete system, meaning it can execute any type of smart contract in a decentralised manner.

The importance of Smart Contracts can’t be underestimated. This is one of the more powerful technological advancements of the 21st Century as it can be used to create a decentralised autonomous organisation (DAO).
A DAO could be a powerful industry disruptor as it enables entire organisations to be managed by code instead of managers. Service-based businesses such as those in the financial sector could be operated without human management required as the smart contracts can be automated to be entirely rules-based. In a futuristic world, we could be working for machines using code. Imagine an automated Uber.

Granted, coders would be needed to create the DAOs but since there’s no telling what surprises the future holds, the emergence of cryptocurrencies, DAOs, Smart Contracts etc. is making technologically-savvy dreamers attempt to bring dreams to reality.

Is it too far out to think the employees of the future could actually all be shareholders of a DAO?

Before the millenium, it would have been. Now though, who’s to say?

The Number of Cryptocurrencies Available

As of 2018, there are over 1,500 cryptocurrencies available for traders and investors.
2018 Cryptocurrency Top Ten
BTC: Bitcoin
ETH: Ethereum
XRP: Ripple
BCH: Bitcoin Cash
ADA: Cardano
XLM: Stellar
LTC: Litecoin
TRX: Tron