B2Broker’s $5M investment in B2Trader – Future of Brokerage Platform
The cryptocurrency market continues to grow significantly, as seen by Bitcoin’s record highs and the over $2.37 trillion market capitalisation of all cryptocurrencies. MiCA regulation is set to be implemented on June 30, 2024, with a second wave following on December 30, 2024. The goal is to improve transparency and trustworthiness to encourage a wider adoption of cryptocurrencies.
More than 300 million traders use the coins and tokens offered by the cryptocurrency market, exceeding the 128 currency pairs and projected 50 million traders on the FX market. The integration of cryptocurrency into finance, fintech, payments, and other industries is fueling its growth. Technologies like blockchain protocols and L2 solutions are introducing new business models.
Brokerages are continuously looking for ways to enter the industry to accommodate the increasing demand for cryptocurrency trading. In response, B2Broker announces the release of B2Trader Brokerage Platform (BBP), a cryptocurrency spot broker solution that enables companies to capitalise on this increasing trend and swiftly turn a profit.
Who Can Use B2Trader?
Businesses can enter the cryptocurrency industry with the help of B2Trader:
- FOREX Brokers – B2Trader can serve as an excellent addition for FX brokers. In addition to traditional CFD trading platforms like MT4, MT5, and cTrader, integrating B2Trader enables the exclusive offering of crypto spot trading. This attracts a new segment of crypto traders interested in physical ownership over margin trading or CFDs, thus generating revenue through commissions, markups, and effective risk management. Moreover, BBP offers a solution for regulated FX brokers to segregate their digital asset trading under a distinct license, promoting strategic diversification and maintaining a competitive advantage in the current market.
- Crypto Brokers – Brokers focusing on crypto CFDs, using crypto as collateral, and offering a mix of FX and crypto CFDs can integrate B2Trader to enhance existing solutions with crypto spot trading. Given the competitive nature of client retention and acquisition, providing crypto spot trading options is crucial for brokerages to adapt swiftly to market trends, meet client expectations, and retain their clientele.
- Market Makers – Market makers can leverage B2Trader to access multiple exchanges, consolidate liquidity efficiently, achieve competitive spreads, optimise pricing, and enable smart routing execution across different venues.
- Liquidity Providers – Adding cryptocurrencies to asset offerings significantly boosts appeal to brokers, hedge funds, and professional traders. B2Trader streamlines this process, equipping liquidity providers with essential tools to expand market reach and accelerate earnings.
- EMIs, Payment Systems, and Banks – For EMIs, PSPs, and banks, B2Trader provides a strategic edge by enabling varied asset management, monitoring, and liquidity pool creation. It allows these entities to integrate crypto services into their existing operations, facilitate net transactions, offer crypto accounts, and enable instant swaps.
B2Trader offers an entrance to the cryptocurrency industry and its growth trends by integrating with current company models through APIs and modules.
High Technology, High Speed and Efficiency
The founder and CEO of B2Broker has shared his take on B2Trader:
“Today, B2Broker is a leading name in the FinTech industry. We began operating in the FOREX industry in 2014 and have been developing solutions for the crypto industry since 2017. B2Broker has earned multiple awards and recognitions, and our years of experience have allowed us to understand what the market needs exactly.
That’s why we created B2Trader. It’s our answer to the changing trends in finance. We have poured 18 months of hard work and over $5 million into B2Trader. BBP is built by our dedicated in-house team of 40 engineers, each contributing to a solution that truly meets the demands of today’s brokers. In the next 12 months, we are planning to double the team and enhance our offerings even further!”
To service today’s financial markets, B2Trader is made for brokers operating at the enterprise size. Even in its most basic configuration, it can handle up to 3000 queries per second and process up to 3000 trade instruments. It provides ultra-fast order execution beginning at 1 ms, updates every 100 ms, and real-time market data. This can be further enhanced by strengthening computing and cloud resources.
Innovative Technology Stack
BBP uses the newest technologies and protocols, emphasising security, scalability, and dependability. It is hosted on AWS because of its stable infrastructure and lower hardware risk. For data management, it uses Amazon Redshift and MongoDB, and TradingView is included for market intelligence.
Scalable deployments are supported by Docker and Kubernetes, and CloudFlare offers DDoS protection. The efficiency and dependability of B2Trader are increased by the FIX protocol. The whole list of protocols and technologies is as follows:
Strong Integrations
B2Trader provides strong integrations. A trading platform, OMS, pre-trade and post-trade control, liquidity management system, Trading User Interface, CRM, back office, blockchain wallets for processing and collecting coins and tokens, blockchain management system for automated payouts and settlements, mobile applications, technical documentation, REST and FIX API protocols, advanced White Label options, and much more are all included in the extensive suite of products that B2Broker offers.
Furthermore, B2Trader guarantees market updates with the most recent data and simplifies administration through its integration with Marksman, a cryptocurrency liquidity distribution engine.
After creating an account, cryptocurrency brokers can quickly connect to the best exchanges by entering their API credentials into Marksman. This gives brokers the ability to design unique liquidity pools from different exchanges, designate particular execution and routing rules, and set up failover procedures for the liquidity pools and pairings.
B2Trader may be integrated with any CRM via REST API or purchased as a turnkey solution. Try the free demo first, and launch your cryptocurrency spot broker in less than a week by contacting the sales staff or your account manager.
Contacts:
- sales@b2broker.net
- +44 208 068 8636
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |