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PeggedOrders

The Algo Machine: Pegged Orders

Access crypto market price transparency and liquidity without sacrificing security or performance.

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Did you know you can automate your trading strategies without having to write code? Accessible via the ErisX Trading UI, The Algo Machine (TAM) ™ provides algorithmic order types, such as Pegged Orders, to help traders execute their orders more efficiently.

Pegged orders allow an ErisX Member to enter a buy/sell order in the crypto market that will automatically reprice, pegged to a specified reference price, with a user defined offset. Watch our other trading videos here.

Funding and Storage

USD: Members are able to instantly fund their accounts to immediately begin buying crypto

  • Link a checking or savings account
  • Instantly fund via an ACH* transfer from a linked account
  • Regularly top account up via scheduled ACH

Crypto: Members are able to deposit crypto (BTC, BCH, LTC, ETH, USDC) to their designated wallet address and begin trading once the required number of blockchain confirmations have been completed.

ErisX combines best practices in encryption, technology, operational process and physical storage to store Members’ crypto. Under state and federal licensing, we are obligated to keep Member funds safe and segregated.

Incentive Bonus

  1. Open an ErisX account
  2. Share a unique referral code
  3. You and your friends will each receive USD $50 upon meeting eligibility requirements

Low Fees and Instant Rebates

  • Liquidity-taking orders are charged industry low fees of as much as 10x less than other exchanges

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*The funds will be available up to ErisX’s daily funding limit and after ErisX has verified sufficient funds. Please note that ACH deposits, and assets purchased using ACH funds, cannot be withdrawn for 10 days. This restriction allows us to make deposits instantly available for trading while also managing fraud risks to protect ErisX and our customers.