With Bitcoin reaching record highs and the entire cryptocurrency market capitalisation surpassing $2.37T, the market is experiencing rapid expansion. This takes place simultaneously with the June 30, 2024, implementation of the MiCA rule, which will be followed by another wave on December 30, 2024, with the goal of boosting credibility and transparency to encourage a broader use of cryptocurrencies.
Crypto is starting to look like a more desirable trading choice, with over 20,000 coins and tokens and a user population of over 300 million traders, compared to the FX market’s 128 currency pairs and estimated 50 million traders. Its widespread adoption by finance, fintech, payments, and other industries is what drives its growth. introducing cutting-edge business ideas using blockchain protocols and L2 solutions.
Brokerages are continuously looking for ways to enter the industry in order to accommodate the increasing demand for cryptocurrency trading. In response, B2Broker has announced the launch of the B2Trader Brokerage Platform (BBP), a cryptocurrency spot broker solution developed to assist companies in capitalising on this expanding market and beginning to generate income more quickly than before!
Who Is B2Trader Useful for?
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, B2Trader is a potent tool for tracking market movements and breaking into the fastest-growing sector.
Each business model can use BBP in the following ways:
- FOREX Brokers – B2Trader can be an ideal addition for FX brokers. Besides 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.
As your entryway into cryptocurrency and its enticing trends, BBP offers you countless chances. B2Trader easily fits any business model because of its extensive API and full suite of necessary parts and modules.
Technology, Speed and Efficiency
To serve today’s financial markets’ growing needs, 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.
“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 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. It uses Amazon Redshift and MongoDB for data management, 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.
Robust Integrations
B2Trader, created by B2Broker, 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, sophisticated 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 it can be acquired as a turnkey solution. Contact the sales staff or your account manager, try the demo, and launch your cryptocurrency spot brokerage within just a week!
Contacts:
- sales@b2broker.net
- +44 208 068 8636
