What is BakktX?

BakktX is the first FX- style Electronic-Communications-Network (ECN) for crypto managed by a US-regulated, publicly-traded market infrastructure company. BakktX offers the highest performance, lowest latency, crypto trading venue for institutions.

Historically used by institutions in traditional FX trading, ECNs optimize the traditional order book model by creating a direct link with liquidity makers and takers, thereby enabling faster, cheaper, and more efficient trading experiences. ECNs are common practice in the foreign exchange markets for handling large transactions efficiently, and with BakktX, this will become the standard practice in the crypto market as well.

Features at a Glance

High Performance, Ultra-Low Latency Matching Engine: Up to 1000x faster than competing venues, providing sub-10 microsecond matching latency and throughput of millions of messages per second, ensuring real-time trade execution with minimal slippage.

Customizable Liquidity Streams: Tailored liquidity pools enable clients to choose their trading partners, optimizing overall risk tolerance and trading conditions. Leverage Bakkt’s deep network of liquidity relationships for the best trading experience.

Single Digit BPS Fee Structure: BakktX offers some of the most competitive maker and taker fees in the industry with or without volume-based incentives.

Superior Infrastructure: BakktX is powered by CROSSx, hosted in Equinix’s data centers, and managed by a US-regulated, publicly-traded market infrastructure company to provide unmatched trading speed, stability, and security.

Robust Security and Compliance: Bakkt is an NYDFS-regulated, publicly listed company, and ensures the highest standards of regulatory compliance and security are in place with our partner Crossover Markets. Features include secure wallet key management, disaster resiliency through distributed geographical data centers, and 24/7 security operations and incident response.

Why Choose BakktX?

BakktX is designed specifically for the institutional trading community, offering performance and ultra-low latency not possible on traditional trading platforms. Institutions now have the ability to trade digital assets with the same confidence and efficiency as traditional financial instruments. BakktX offers low latency and optimized liquidity pools at the most competitive costs in the cryptocurrency market. Combined with institutional-grade security and regulatory compliance, BakktX ensures a trading experience that is perfectly suited to the institutional trading community.

Onboarding Process

Initial Consultation
- We start with a meeting to understand your specific needs and requirements, allowing us to tailor our services to best suit your trading strategies and objectives.
Partner Onboarding with CROSSx
- After our initial consultation, we will direct you to the onboarding process onto CROSSx with our partner Crossover Markets.
Configuration
- Once the onboarding with CROSSx is complete, our team will ensure everything is set up, tested, and configured for trading.
Launch
- Begin trading with confidence using BakktX’s high-performance platform.

Get Started

To get started with an initial consultation, please reach out to [email protected]