The Rock Trading is a centralized cryptocurrency exchange established in Italy in June 2011. The platform enables users to buy, sell, and trade cryptocurrency assets.
The Rock Trading cryptocurrency exchange requires users to complete KYC verification to use the platform. The exchange services are not legally available for United States citizens and other restricted countries. The Rock Trading crypto exchange is available in Android and iOS mobile apps. The platform is also accessible through the web.
Market
The exchange supports spot trading. The Rock Trading spot offers quick settlements for cryptocurrency trades. It allows users to trade the supported assets using their available account balances. The platform also offers margin trading with up to 1:5 leverage. Margin trading is suitable for experienced traders as it contains bigger risks than spot trading.
The Rock Trading pairs include crypto-to-fiat and crypto-to-crypto markets. The platform supports over 30 tokens including popular assets such as BTC, ETH, LTC, and XRP. It also supports fiat currencies (EUR and USD).
The Rock Trading crypto exchange also provides a detailed order book for experienced traders. The product offers a Market Order service for spot and margin trading. The Rock Trading crypto price for the supported markets can be viewed on the charts on the platform.
The Rock Trading exchange fees vary based on the type of trade. The Rock Trading crypto fees are as follows:
- Cryptocurrencies Trading – 0.1% Maker fee; 0.2% Taker fee before fee discounts. The size of the discount depends on the users' transacted volume. Discounts range from 10% to 90%.
- Hidden orders – 0.30%
- Fastlane – 1.39%
- Hodler Plan for (fiat/stablecoin) vs crypto – 1.39% + 0.1 unit fiat/stablecoin
- Hodler Plan – crypto/crypto – 1.49%
The platform’s withdrawal fees vary depending on the payment method used. Besides, it does not charge deposit fees.
Other Services
The Rock Trading API offers third-party users multiple keys with different permissions. Different groups of API include market, account, and trading (including margin trading). These links are useful to get the market data such as ticker and order book trades. Account API is displayed as user account personal data such as balances and ATM withdrawals. Trading API enables users to perform trading activities such as placing and canceling orders.
The platform’s Fastline product enables users to implement automatic orders. Therefore, traders can schedule their series of purchases of certain crypto assets with established frequency – weekly, bi-weekly, or monthly. Fastline also supports some trading pairs that are not available on in the market such as SEED/EUR. Fastline services are suitable for novice traders as it offers the quickest and most effortless ways of trading crypto.
The platform also introduced the Hodler Plan product, which allows users to automate their long-term trading activities. Users can schedule automatic purchases of Bitcoin, Ethereum, and other cryptocurrencies.
Lastly, The Rock Trading cryptocurrency exchange also offers a tailor-made OTC service. The product supports large volume orders, enabling safer, private, and quick execution of such orders. The procedure is simple, involving only three steps – a trader sending an inquiry, receiving a quote, and immediate trade settlement.
About the Company
The Rock Trading cryptocurrency exchange was founded in January 2011 by two Italian entrepreneurs Andrea Medri and Davide Barbieri. The exchange grew from an older company, The Rock Insurance co., which appeared in 2007. The exchange became the first European cryptocurrency exchange established in Italy. Two years after its launch, it changed its location to Malta and became a licensed cryptocurrency exchange.
The Rock Trading primarily aims to create a trustworthy trading hub and fiat-to-crypto gateway for European customers. The exchange has constantly developed, introducing new features over time. Some of the features include market, limit, dark pools, and conditional offers. The Rock crypto exchange became one of the first digital asset platforms to support GreenAddress’s instant deposits and withdrawals. The Rock Trading trade volume has been growing with the increasing number of users on the platform.
In November 2018, the platform migrated to a faster and smoother infrastructure, improving the platform's speed. The move helped boost The Rock Trading volume, liquidity, and spread.
