B2Broker announces launch of brokerage platform B2Trader
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B2Broker rolls out B2Trader, a $5 million initiative aimed at enhancing crypto brokerage services.
Due to the rising demand for cryptocurrencies, brokerage companies are eager to enter the expanding market. In response, B2Broker unveiled the B2Trader Brokerage Platform (BBP), a cryptocurrency spot brokering solution that makes it simple for companies to enter the space and grow.
Who can use B2Trader?
Payment processing companies, Crypto CFD and derivatives brokers, OTC brokers, FOREX firms, market makers, liquidity providers, multi-asset and multi-market brokers, and even more conventional financial institutions like banks and PSPs are among the industries that B2Trader was designed to serve. B2Trader provides the services to each of these sectors:
FOREX brokers
B2Trader may be used to increase the service portfolio of any FX broker. For leveraged or derivative trading activities, the majority of FOREX brokers employ conventional trading platforms such as MT4, MT5, and cTrader to supply FX, cryptocurrencies, stocks, and precious metal assets. Brokers can satisfy consumers interested in asset ownership rather than in indirect trade contracts by adding crypto spot trading, utilizing B2Trader, to their offer list.
Moreover, BBP allows authorized foreign exchange brokers to differentiate their services according to distinct licensing. In global trading, brokers can reduce risks and diversify their business strategies.
Crypto brokers
Spot trading for cryptocurrencies is another feature that cryptocurrency brokers may offer by using B2Trader. These brokers frequently offer CFD instruments and derivatives as their core products, and adding a direct crypto dealing option can significantly increase their target audience.
In the present crypto market, broker businesses are vying with each other to retain their existing clients and increase their market shares. The absence of options for spot cryptocurrency trading might prove to be a serious disadvantage for cryptocurrency brokers in this setting. With B2Trader, brokers may quickly get crypto spot trading software without paying extra costs or waiting for an extended development period.
Market makers
Through B2Trader, market makers may access several cryptocurrency exchanges, effectively pool their liquidity channels, reduce spreads, and employ smart routing execution for their transactions.
Liquidity providers
Liquidity providers must supply many currencies and marketable assets for their B2B clients. By providing clients with easy-to-use cryptocurrency spot trading channels, LPs may enhance their sources of income.
EMIs, payment systems, and banks
For more traditional organizations, including commercial banks, PSPs, and EMIs, B2Trader can significantly expand their offerings and add crypto trading capabilities. Thanks to BBP’s extensive range of components and modules and user-friendly API connection, conventional institutions will find it easy to get started in the cryptocurrency area.
Faster speed and data flow
The concept behind B2Trader was to give brokers running large-scale businesses a simple approach to include crypto trading solutions. Even with basic configurations, B2Trader can manage more than 3000 trading instruments and process close to 3000 requests per second. Users may execute orders on the BBP platform in as low as 1 ms, and get updates on the current market price every 100 ms.
An impressive tech stack
BBP aims to provide safe and trustworthy software enhanced by scalable protocols and cutting-edge tools. B2Trader is hosted on AWS servers due to AWS’s stable architecture and lower risk of system failures. MongoDB and Amazon Redshift enhance the platform’s data management, and TradingView integration provides a trustworthy source of market intelligence.
Implementing Docker and Kubernetes allows for scalable deployments, and CloudFlare offers crucial DDoS protection. Finally, the FIX protocol enhances the overall efficiency and integrity of B2Trader. See below for a comprehensive list of additional tools that enable B2Trader:
Numerous integration options
As B2Trader’s founding parent, B2Broker provides several integration opportunities that make it perfect for spot trading services for cryptocurrencies. Among the numerous helpful solutions that B2Broker provides are a trading platform, an OMS, pre-and post-trade protocols, a liquidity management system, and a trading user interface.
Additional capabilities that increase the number of potential connectors include CRM, back office, blockchain wallets for processing and storing cryptocurrencies, and a blockchain management system for overseeing payouts and settlements. Mobile applications, help with technical documentation, FIX and REST API extensions, white-label choices, and many other complementary tools complete this extensive range of services.
Furthermore, B2Trader can keep up with the latest market data and expedite administrative duties with the help of the Marksman integration.
Brokers may use Marksman to connect to leading exchange platforms with ease. To accomplish this, users can simply register and input their API credentials. As a result, brokers may create sizable liquidity pools utilizing a range of exchange channels and set unique routing and execution procedures. Lastly, Marksman makes it easier to build up failover procedures for liquidity pools and currency pairs.
A better way to adopt crypto trading solutions
B2Trader is available as a turnkey solution or for integration with any CRM via REST API. For those interested, they can reach out to the sales team or their account manager and try out the free demo. Since B2Tradrer guarantees that users will receive a cryptocurrency spot brokerage solution in less than a week, this inventive new platform might be a definitive gateway to the surging crypto market.
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