{"id":30684,"date":"2024-03-27T10:29:58","date_gmt":"2024-03-27T10:29:58","guid":{"rendered":"https:\/\/icoinmarket.com\/discover-b2trader-a-brand-new-brokerage-platform\/"},"modified":"2024-03-27T10:29:58","modified_gmt":"2024-03-27T10:29:58","slug":"discover-b2trader-a-brand-new-brokerage-platform","status":"publish","type":"post","link":"https:\/\/icoinmarket.com\/discover-b2trader-a-brand-new-brokerage-platform\/","title":{"rendered":"Discover B2Trader, a Brand-New Brokerage Platform"},"content":{"rendered":"
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.<\/p>\n
The cryptocurrency industry is expanding remarkably, with Bitcoin hitting all-time highs and cryptocurrencies\u2019 total market capitalisation exceeding $2.37T. Moreover, the MiCA law will go into effect on June 30, 2024, and be followed by another wave on December 30, 2024, with the aim of encouraging a wider usage of cryptocurrencies via increased confidence and transparency.<\/p>\n
With over 20,000 coins and tokens and approximately 300 million users, cryptocurrency is beginning to appear as a better trading option than the FX market, which has 128 currency pairs and 50 million users. With the aid of blockchain protocols and L2 solutions, it is able to bring about cutting-edge business models in payments, fintech, finance, and other industries, which is driving its growth.<\/p>\n
In order to meet the growing demand for cryptocurrency trading, brokerages are always searching for new avenues to enter the market. In response, B2Broker has announced the launch of the B2Trader Brokerage Platform (BBP), a crypto spot broker service designed to help businesses take advantage of this growing industry and start making money faster!<\/p>\n
B2Trader is a powerful tool for tracking market movements and breaking into the fastest-growing industry for brokers dealing in cryptocurrency (CFDs and derivatives), over-the-counter (OTC) products, FOREX, multi-asset and multi-market products, market makers, liquidity providers, payment systems, and even banks. Here\u2019s how each business can use this system:\u00a0<\/p>\n
Any FX broker can massively benefit from B2Trader integration. In addition to the standard CFD trading platforms (MT4, MT5, cTrader), you can use B2Trader to offer spot trading exclusively for cryptocurrencies, attract a new clientele interested in ownership rather than CFDs or margin trading, and generate revenue through markups, commissions, and effective risk management.<\/p>\n
Moreover, BBP gives authorised FX brokers the choice to split up their trading of digital assets over several licences, promoting strategic diversification and maintaining a competitive advantage in the current market.<\/p>\n
Crypto brokers who specialise in cryptocurrency CFDs and employ cryptocurrency as collateral and provide both FX and crypto CFDs\u00a0 can use B2Trader to improve their present cryptocurrency spot trading solutions.<\/p>\n
Given the competitive environment around acquiring and retaining customers, the absence of crypto spot trading options might lead to customers seeking services from other providers. Brokerages integrating B2Trader will have a strategic advantage as it will allow them to offer much-needed crypto spot trading and react swiftly to market changes.<\/p>\n
With B2Trader, market makers may leverage several exchanges, efficiently aggregate liquidity, achieve favourable spreads, maximise pricing, and enable smart routing across multiple venues.<\/p>\n
If LPs include spot crypto options in their asset offerings, they can attract more brokers, hedge funds, and experienced traders. B2Trader makes this task easier and gives them the resources they need to grow their revenue and market share.<\/p>\n
Through its ability to provide diversified asset management, monitoring, and liquidity pool development, B2Trader offers banks, PSPs, and EMIs a competitive edge. These companies can utilise this solution to facilitate fast swaps and provide crypto services to their existing portfolio of offerings.\u00a0<\/p>\n
BBP provides these companies with several opportunities to embrace crypto and its alluring trends as the starting point in this growing field. B2Trader\u2019s comprehensive API and complete set of required components and modules allow it to integrate seamlessly into any business model.<\/p>\n