With Bitcoin hitting all-time highs and a market capitalisation of over $2.37 trillion, the cryptocurrency industry is expanding. The Markets in Crypto-Assets (MiCA) rule, which is scheduled to go into force on June 30, 2024, and again on December 30, 2024, is in line with this expansion. By improving the crypto market’s credibility and transparency, the regulation hopes to promote more widespread adoption.
With over 20,000 coins and tokens, the cryptocurrency market draws over 300 million traders globally. This wide range of trading alternatives and the sector’s creative usage in banking, fintech, payments, and more through technologies like Layer 2 (L2) solutions and blockchain protocols position cryptocurrency as a desired trading outlet.
As the need for cryptocurrency trading services grows, brokerages are looking for ways to enter this sector. The B2Trader Brokerage Platform (BBP), a cryptocurrency spot broker solution from B2Broker, was introduced to help companies start offering cryptocurrency trading, attract a broader audience, and generate income immediately.
B2Trader: Who is it For?
A broad range of participants, such as brokers dealing in cryptocurrencies and foreign exchange, OTC trading desks, multi-market trading companies, market makers, liquidity providers, payment processors, and banks, can benefit from using B2Trader’s powerful platform. It is an essential instrument that these organisations use to get into the crypto market. This is an overview of its significance for several industries:
FX Brokers
B2Trader can be an excellent addition to any FX broker. Along with the traditional trading platforms (MT4, MT5, cTrader, etc.) that mainly handle assets like FX, crypto, equity indices, and precious metals for margin trading or in the form of CFDs, you can add B2Trader to offer crypto spot trading exclusively, attract a new segment of crypto traders interested in physical delivery or ownership, and generate revenue through commissions, markups, and effective risk management.
Additionally, BBP offers a solution for regulated FX brokers to separate their digital asset trading under a different license, promoting strategic diversification and maintaining a competitive advantage in today’s market.
Cryptocurrency Brokers
Brokers focusing on crypto CFDs, using crypto as collateral, and offering a mix of FX and crypto CFDs can use B2Trader to enhance existing solutions with crypto spot trading.
Given the competitive nature of client retention and acquisition, the absence of crypto spot trading options could lead clients to seek services elsewhere. Thus, integrating B2Trader is a strategic advantage for brokerages, allowing them to adapt to market trends swiftly, offer much-demanded crypto spot trading, and meet client expectations.
Market Makers
Market makers can use B2Trader to access multiple exchanges, consolidate liquidity efficiently, achieve competitive spreads, optimise pricing, and enable smart routing execution across different venues.
Liquidity Providers
By adding cryptocurrencies to your portfolio, you can draw in a wider range of clients, such as hedge funds, brokers, and experienced traders. B2Trader makes this growth easier by giving you the resources you need to expand your market reach and boost sales.
Banks, EMIs, and payment systems
B2Trader provides a strategic advantage to banks, EMIs, and PSPs by expanding their asset management capabilities, improving transaction monitoring, and making it simpler for them to create liquidity pools. Immediate cryptocurrency transactions and accounts are made possible by its support for integrating cryptocurrency services into existing financial processes.
B2Trader offers solutions to companies wanting to capitalise on cryptocurrency trends. The platform can be easily integrated into any company model because of its broad API and variety of necessary modules and components, opening up new possibilities.
Advanced Performance for Financial Markets
B2Trader is a platform that can handle every aspect of the current financial markets. In its default configuration, the platform can manage up to 3000 queries per second and oversee 3000 trading instruments. With order execution times starting at just one millisecond, it offers real-time updates on market data every 100 milliseconds. Adding computational power and cloud resources can improve these capacities even more.
“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!”
— Arthur Azizov, CEO and Founder of B2Broker
Innovative Tech Framework of BBP
Reliability, scalability, and high security are the cornerstones of BBP, which also incorporates contemporary tools and protocols for successful operation. It reduces the risks related to hardware by utilising AWS’s reliable and secure architecture.
BBP leverages Amazon Redshift and MongoDB for effective data handling, and it incorporates TradingView to give consumers access to in-depth market analysis. CloudFlare provides defence against DDoS attacks, and Kubernetes and Docker ensure the system’s scalability. The efficiency and trustworthiness of B2Trader are greatly increased by the FIX protocol.
Integrations and Features
Developed by B2Broker, B2Trader offers powerful integrations. B2Broker offers a comprehensive suite of products, including 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/tokens, blockchain management system for automatic payouts and settlements, mobile applications, technical documentation, REST and FIX API protocols, advanced White Label options, and much more.
Additionally, integrated with Marksman, a crypto liquidity distribution engine, B2Trader streamlines administration and ensures market updates with the latest data.
With Marksman, crypto brokers swiftly link to top exchanges by inputting API credentials after opening an account. This allows brokers to create diverse liquidity pools from various exchanges, assign specific execution and routing rules, and establish failover protocols for both the pairs and the liquidity pools.
How to Get B2Trader
B2Trader is available as a turnkey solution or for integration with any CRM via REST API. Contact the sales team or your account manager, try out the free demo, and launch your crypto spot broker within a week!
Contacts:
+44 208 068 8636
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