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The cryptocurrency industry is expanding remarkably, with Bitcoin hitting all-time highs and cryptocurrencies’ 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.
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.
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!
Which Sectors Will be Enhanced by B2Trader?
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’s how each business can use this system:
FOREX Brokers
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.
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.
Crypto Brokerages
Crypto brokers who specialise in cryptocurrency CFDs and employ cryptocurrency as collateral and provide both FX and crypto CFDs can use B2Trader to improve their present cryptocurrency spot trading solutions.
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.
Market Makers
With B2Trader, market makers may leverage several exchanges, efficiently aggregate liquidity, achieve favourable spreads, maximise pricing, and enable smart routing across multiple venues.
Liquidity Providers
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.
EMIs, Payment Systems, and Banks
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.
BBP provides these companies with several opportunities to embrace crypto and its alluring trends as the starting point in this growing field. B2Trader’s comprehensive API and complete set of required components and modules allow it to integrate seamlessly into any business model.
Unmatched Speed and Efficiency
B2Trader is designed for enterprise-sized brokers to service today’s financial markets. Even in its most basic setup, it can process up to 3000 trading instruments and handle up to 3000 inquiries per second. It offers real-time market data updates every 100 ms and extremely quick order execution starting at 1 ms. Increasing the power of computers and the cloud will improve these statistics even further.
“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 $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
Powered by Latest Technologies
BBP prioritises security, scalability, and reliability while utilising the most recent technologies and systems. Because of AWS’s dependable infrastructure and little hardware risk, B2Trader is hosted on this excellent server ecosystem. It uses MongoDB and Amazon Redshift for data management, while the renowned TradingView is integrated for market research.
Scalable deployments are supported by Docker and Kubernetes, while CloudFlare provides DDoS protection. The reliability and effectiveness of B2Trader are enhanced by the FIX protocol. The following is a list of all the protocols and technologies:
Expansive Integration Options
As B2Broker’s latest and most advanced product, B2Trader offers a wide range of integration choices. The vast array of products that B2Broker provides includes 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, sophisticated White Label options, and much more.
Cryptocurrency brokers may easily connect to the top exchanges by inputting their API credentials into Marksman after opening an account. Brokers can use B2Trader to create customised liquidity pools from several exchanges, assign specific execution and routing rules, and provide failover protocols for the pairings and liquidity pools.
Let B2Trader Open the Gate to the Crypto Landscape
B2Trader Brokerage Platform is readily available as a turnkey solution or for integration with any CRM via REST API. The platform’s sophisticated configuration and effective infrastructure enable the new cryptocurrency spot trading solution to be launched in only one week.
The unparalleled speed of completion enables businesses to join the cryptocurrency market seamlessly and generate revenue immediately. If you aim to adopt cryptocurrency in the most straightforward manner possible, you can test this inventive new platform out for yourself by trying out B2Trader’s free demo!
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