After a bumpy road at the beginning of the decade, the cryptocurrency market made a gradual comeback in 2023, launching a significant comeback and surpassing industry projections. In 2024, Bitcoin is expected to expand even further, and the recently passed MiCA law will introduce much-needed regulatory integrity to this industry. In light of these recent developments, the cryptocurrency field has grown sustainably, re-opening its doors to the global trading base.
Given its astounding growth rate, numerous broker firms and financial institutions are now motivated to join cryptocurrency. Over 20,000 tokens are readily available for trading in the crypto landscape, and around 300 million traders are actively investing in this marketplace. Considering that the FX market only has 50 million traders and 128 traded currencies, these numbers are even more impressive.
So, it is no wonder that financial institutions, broker firms, liquidity providers, and several other organisations would want access to the crypto market as soon as possible. To answer the spike in demand, B2Broker has launched a brand-new cryptocurrency spot trading platform for business clients. With the B2Trader Brokerage Platform (BBP), it will become much more straightforward to adopt a crypto spot trading service as a business, significantly expanding their income streams.
What Sectors Can Adopt B2Trader?
B2Trader serves various industries, including OTC and CFD brokers, Forex firms, multi-asset and multi-market brokers, market makers, liquidity providers, payment processing firms, and even traditional finance institutions such as commercial banks. Each of these industries can add a meaningful new tool to the services offered by B2Trader. Here’s how these sectors can expand their horizons with B2Trader:
FOREX Brokers
Forex brokers primarily use traditional trading platforms like MT4, MT5, and cTrader to provide FX, cryptocurrency, equities, and precious metal assets. In most cases, forex brokers might provide derivative contracts instead of direct trading opportunities. Brokers who want to accommodate traders who wish to own the tradable asset instead of indirect agreements can adopt crypto spot trading capabilities with B2Trader. As a result, forex brokers will have a gateway to the crypto market without spending a lot of money and resources on in-house development.
Moreover, licenced FX brokers can leverage BBP and divide their revenue streams according to their licences. This strategy allows brokers to reduce risks in the global trading environment and diversify their strategies with BBP.
Crypto Brokers
Numerous cryptocurrency brokers only include CFD instruments and other derivative asset services. The thriving cryptocurrency market has incentivised millions to possess cryptocurrency rather than pursuing indirect asset contracts. So, crypto brokers must shift their strategies to accommodate this emerging demand. Instead of spending thousands or millions of dollars on a custom solution, crypto trading firms can adopt B2Trader.
The absence of choices for cryptocurrency spot trading might seriously disadvantage cryptocurrency brokers under the current market conditions. Within a week, brokers can receive crypto spot trading software and make this service available to their target market!
Market Makers
Market makers can establish a connection with a wide selection of crypto exchanges with BBP, letting them strengthen their liquidity channels, achieve tighter spreads, and develop smart routing execution for their transfers.
Liquidity Providers
Liquidity providers must consistently increase the range of assets to satisfy frequently expanding B2B needs. By adding crypto spot trading options, B2Trader enables liquidity providers to deliver a more diverse and thorough liquidity service.
EMIs, Payment Systems, and Banks
Finally, traditional establishments like EMIs, Banks, and PSPs can now offer customers brand-new crypto spot trading options without excessive development. BBP’s comprehensive range of modules and features and its API connectivity will allow these companies to step confidently into the cryptocurrency niche.
Reliable and Fast Execution
B2Trader was founded with the intention of offering professional help to major brokers who desired to employ cryptocurrencies. Even with basic installations, B2Trader can handle up to 3000 queries per second and provide more than 3000 trading instruments. With the BBP platform, you can place orders in as little as one millisecond and receive the most recent market data every 100 milliseconds. These numbers will soon rise dramatically due to breakthroughs in processing 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 $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 plan to double the team and enhance our offerings even further!”
— Arthur Azizov, CEO and Founder of B2Broker
Equipped with Industry-Leading Tech Solutions
BBP offers a stable and secure environment using scalable protocols and state-of-the-art technology. B2Trader has chosen AWS servers as the most dependable and risk-averse choice. MongoDB and Amazon Redshift improve the platform’s data management capabilities, and TradingView is a trustworthy source for market data.
Kubernetes and Docker simplify scalable deployments, and CloudFlare provides DDoS protection. Finally, the FIX protocol improves the general efficacy and operational fluency of B2Trader. Check out the full list of solutions that support B2Trader’s state-of-the-art platform below:
Near-Limitless Integrations
Due to its close ties with B2Broker, B2Trader benefits from several integrations with its parent business that can boost the effectiveness of B2B trading services. B2Broker offers trading platforms, OMS, pre-and post-trade protocols, liquidity management systems, and trading user interfaces.
Additional services that B2Broker provides include CRM, a back office, blockchain wallets for processing and storing cryptocurrencies, and a blockchain management system for overseeing payouts and settlements. Mobile applications complete this outstanding range of services, help with technical documentation, FIX and REST API extensions, white-label choices, and much more!
Lastly, the Marksman module works incredibly well with B2Trader, simplifying administrative work and giving businesses instant access to the most recent market data.
Brokerages can reliably connect to the leading exchange platforms using Marksman. You can access any exchange order book you’d like by making an account and submitting your API credentials. Using a range of exchange channels, brokers can create extensive liquidity pools and use this tool to create unique execution patterns and routing rules. Also, it is much simpler to implement failover procedures using Marksman when it comes to currency pairings and liquidity pools.
Adopt BBP as a Gateway to the Crypto Marketplace
Companies can swiftly implement a crypto spot trading solution that matches their present infrastructure as a turnkey solution or by using B2Trader’s REST API connection to combine it with various CRM suites. B2Trader offers a free trial to anyone interested in this cutting-edge business. With such benefits and advantages, B2Trader has become a dominant choice for broker firms wishing to integrate crypto spot trading options within a week.
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