3Commas Becomes First Binance Broker Partner
3Commas allows users to trade cryptocurrencies by benefiting from Binance functionality and liquidity. The company, which operates 3c.exchange – a crypto trading platform that features automated trading and smart trading, has become the Binance’s first Broker Partner.
What is Binance Broker Partner?
Malta-based Binance launched the program in September 2019 as an initiative to support crypto brokers worldwide. The goal is to initially recruit 100 broker partners that offer crypto trading services via API (application programming interface).
As part of the program, Binance provides 3c.exchange with order matching solutions, account management and trade settlement systems. Thus, 3c.exchange traders can leverage Binance’s liquidity and market depth and pay for free. All they have to pay are the trading fees.
As for Binance itself, it doesn’t need any introduction – it is by far one of the most advanced and secure crypto exchanges out there. The company run by Changpeng Zhao (aka CZ) can boast one of the largest daily trading volume figures in the world.
By opening an account with 3c.exchange, traders can connect with one of Binance platforms. Basically, every Binance Trader on 3c.exchange is an account on Binance behind the scenes.
Why Trade on 3c.exchange Anyway?
3c.exchange merges the 3Commas features with Binance infrastructure and liquidity. This is a unique combination that allows users to customize their trading experience.
Here are the main features of the new exchange operated by 3Commas:
- Dashboard – the platform has an intuitive interface whose dashboard enables traders to control every aspect of their trading journey. Users can use the dashboard to manage their so-called smart trades, bots, and crypto portfolios. Also, they can monitor their trades in real-time and carry out deposits or withdrawals with just a few clicks.
- Smart Trade – by using the SmartTrade features, traders can improve their manual trading experience by choosing from several order types, apply tools like Trailing Stop Loss, Trailing Take Profit or place Take Profit and Stop Loss on the same order, and many more
- Trading bots – the bots help traders automate their trading by applying various algorithms and settings
- TradingView Alerts – managing trading bots as per custom set trading indicators is quite useful and is made possible through TradingView alerts. Alerts in the form of visual popups, audio signals, email alerts, email-to-SMS alerts can help traders make informed decisions on their trades
Besides, the 3c.exchange platform hosts the Tradingview chart, which comes with tons of technical analysis tools and multiple view modes.
If you go for 3c.exchange, you can benefit from all the mentioned features and never worry about liquidity. With the Binance trader, 3Commas users can trade with any amount and volume while paying no monthly cost.
What do you make of Binance’s new broker partner? Add your thoughts below!
Images via Shutterstock, 3C.exchange
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