Growing interest in digital currencies like Bitcoin has given rise to the emergence of digital asset markets. As these assets are increasingly adopted by those within and outside of the financial sector and even governments, it’s important to consider how they differ from conventional assets and currencies when setting up a multi-venue trading platform.
From reworking traditional multi-venue trading platforms to accommodate digital currencies and assets to creating new ones, proceeding with care is essential to mitigating investment risks. Below, 16 Forbes Business Council members each share one strategy that makes a multi-venue trading setup actually work in digital asset markets.
1. Build Disciplined Systems
Multi-venue trading only works with disciplined systems. Success isn’t chasing price; it’s building processes that create consistency, protect liquidity and turn chaos into a predictable opportunity. Systems and discipline—not speed—are what scale wealth. – Michael Lanctot, YoungNRetired
2. Offer Real-Time Visibility Across Venues
The key is real-time visibility across venues, whether it’s for digital asset markets or any business that’s scaling. Without unified dashboards and automated reconciliation, fragmentation creates blind spots and risk. What works is centralizing data flow so teams act on one source of truth, while automation handles speed and scale. – Anith Chacko, Radhiant Diagnostic Imaging SA Inc.
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3. Provide Transparent Governance And Human Oversight
It’s not the tech stack—it’s the trust stack. A multi-venue trading setup only thrives when your data integrity, latency management and smart order routing work in lockstep with ironclad controls. However, the real magic is transparent governance and human oversight. Automation without accountability is just a ticking time bomb. – Dr. Christina Carter, Her Practice®
4. Leverage A Strict ‘Ops-Fit’ Checklist
I believe success relies on methodical execution rather than a “land grab.” The best approach would be a strict “ops-fit” checklist for any new market. Start by confirming there’s a clear regulatory path, strong unit economics and reliable local payment rails. The goal is to find a significant advantage, prove retention on a small scale, and only then expand. – Alvin Kan, Bitget Wallet
5. Provide Fast, Reliable Connections
To make a multi-venue trading setup work in digital asset markets, you need fast, reliable connections to multiple exchanges. This minimizes latency, which is the delay in transmitting and processing data. Without low-latency connections, your trades will be executed too slowly, making it impossible to capture price differences between venues. – Reco McCambry, Novae
6. Fix Capital Fragmentation
In digital asset markets, a multi-venue setup only works if you fix capital fragmentation. Spreading trades sounds smart, but idle balances kill returns. The real edge comes from smart routing, automated rebalancing and custody that keeps funds fluid. Much like in property, scale only works when assets aren’t stuck in silos. – Johan Hajji, The BnB Group
7. Remove Silos
A multi-venue setup works only if you kill the silos. Latency, fragmented liquidity and blind spots are fatal, so prioritize seamless connectivity that makes it feel like one market instead of many. – Anton Zaliznyi, Phases
8. Leverage Smart Automation
A multi-venue trading setup only works if your systems can instantly evaluate price, liquidity and risk across platforms—then execute in real time. Without AI-powered decision layers and seamless integration, you’re just juggling chaos rather than trading smarter. – Lior Pozin, AutoDS
9. Set Up Risk Management Procedures
Unify risk management across all venues. Most people focus on connectivity and speed, but you’ll be blindsided without real-time risk aggregation. A position that seems safe in one venue becomes dangerous when combined with others. Your risk system must see everything simultaneously, as correlation kills faster than individual losses in volatile digital markets. – Oleg Levitas, Pravda SEO Inc, Real Results SEO Inc.
10. Provide Real-Time Monitoring Systems
You need systems that watch all your trades across different exchanges at once. Without this, you might accidentally take on too much risk or lose track of how much money you could lose. Real-time monitoring prevents you from getting into serious financial trouble. This is a basic survival skill in trading. – Vikrant Shaurya, Authors On Mission
11. Standardize Emotional Frameworks Across Platforms
The key isn’t technical arbitrage but maintaining consistent decision-making psychology regardless of which venue you’re using. Different platforms create different emotional triggers through UI design and data presentation. Successful multi-venue traders develop standardized emotional frameworks that work across all interfaces. – Archer Chiang, Giftpack
12. Make Compliance And Custody Consistent
A multi-venue setup only works if compliance and custody are consistent across platforms. Different venues may have varying KYC/AML standards, settlement rules or counterparty risks. Without harmonizing these, a trader can be fast and liquid but still exposed to regulatory gaps or stuck funds. The real edge is ensuring operational trust, not just technical speed. – Michael Shribman, APS Global Partners Inc.
13. Implement Effective Liquidity Aggregation
A multi-venue trading setup thrives on effective liquidity aggregation. By connecting multiple platforms, traders can access a broader pool of liquidity, leading to tighter spreads, reduced slippage and better execution prices. Efficient order routing, real-time data synchronization and advanced algorithms are key to ensuring smooth, competitive and low-cost transactions across venues. – Kamya Elawadhi, Doceree
14. Put A Backup And Failover System In Place
A reliable backup and failover system is crucial for uninterrupted trading across multiple platforms. In digital asset markets, downtime can be costly. Having a failover mechanism ensures that trades can seamlessly continue on another platform if one platform faces issues. This system not only protects against technical failures but also enhances overall market stability and confidence. – Sabeer Nelliparamban, Tyler Petroleum Inc.
15. Keep It Simple
It’s easy to overbuild tech. What makes it work is connecting venues like bridges, not stacking towers. Focus on seamless integration and low-latency links. Complexity isn’t valuable unless it translates into real-time insight and faster execution. – Samuel Darwin, Sparkle
16. Aim For Seamless Integration
A multi-venue trading setup only works if data, liquidity and execution flow unify behind a single, intuitive system. Traders need transparency and speed without juggling platforms—efficiency and trust come from simplicity. – Victoria Marshall, Erase.com