The Growing Crypto Industry and the Launch of B2Trader Brokerage Platform (BBP)
The cryptocurrency industry is experiencing significant growth, with Bitcoin reaching all-time highs and the total market capitalization of cryptocurrencies surpassing $2.37 trillion. To further encourage the adoption and usage of cryptocurrencies, the MiCA law will come into effect on June 30, 2024, followed by another wave on December 30, 2024, focusing on increasing confidence and transparency in the industry.
Cryptocurrency, with its over 20,000 coins and tokens and approximately 300 million users, is emerging as a more attractive trading option compared to the foreign exchange (FX) market, which has 128 currency pairs and 50 million users. The utilization of blockchain protocols and Layer 2 solutions has enabled the development of cutting-edge business models in various industries such as payments, fintech, finance, and more.
Introducing B2Trader Brokerage Platform (BBP)
B2Broker has recently announced the launch of the B2Trader Brokerage Platform (BBP), a crypto spot broker service designed to assist businesses in capitalizing on the growing cryptocurrency industry and generating profits at a faster rate.
Which Sectors Can Benefit from B2Trader?
B2Trader offers a powerful tool for brokers operating in various sectors to track market movements and enter the rapidly expanding cryptocurrency market. Here’s how different businesses can leverage this platform:
FOREX Brokers
B2Trader integration can greatly benefit any FX broker. In addition to offering standard CFD trading platforms like MT4, MT5, and cTrader, brokers can use B2Trader to provide spot trading exclusively for cryptocurrencies. This allows them to attract clients interested in direct ownership rather than CFDs or margin trading, while also generating revenue through markups, commissions, and effective risk management.
Crypto Brokerages
Crypto brokerages that specialize in cryptocurrency CFDs and use cryptocurrency as collateral can enhance their existing cryptocurrency spot trading solutions with B2Trader. By integrating this platform, brokerages can offer much-needed crypto spot trading options to their customers and stay competitive in the market.
Market Makers
B2Trader enables market makers to leverage multiple exchanges, aggregate liquidity efficiently, achieve favorable spreads, optimize pricing, and enable smart routing across various venues.
Liquidity Providers
Liquidity providers can attract more brokers, hedge funds, and experienced traders by including spot crypto options in their asset offerings. B2Trader simplifies this task and provides the necessary resources to grow revenue and market share.
EMIs, Payment Systems, and Banks
B2Trader offers banks, payment service providers (PSPs), and Electronic Money Institutions (EMIs) a competitive edge by providing diversified asset management, monitoring, and liquidity pool development. These companies can utilize B2Trader to facilitate fast swaps and offer crypto services alongside their existing portfolio of offerings.
Unmatched Speed and Efficiency
B2Trader is designed to cater to enterprise-sized brokers operating in today’s financial markets. Even in its basic setup, it has the capacity to process up to 3000 trading instruments and handle up to 3000 inquiries per second. With real-time market data updates every 100 ms and quick order execution starting at 1 ms, B2Trader ensures unmatched speed and efficiency for traders.
“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 prioritizes security, scalability, and reliability by utilizing the latest technologies and systems. It is hosted on AWS’s dependable infrastructure, minimizing hardware risk. The platform incorporates MongoDB and Amazon Redshift for data management, while TradingView is integrated for market research.
Scalable deployments are supported by Docker and Kubernetes, with CloudFlare providing DDoS protection. The FIX protocol enhances the reliability and effectiveness of B2Trader. The platform utilizes various protocols and technologies:
Expansive Integration Options
B2Trader offers a wide range of integration choices as B2Broker’s latest and most advanced product. It includes a trading platform, OMS, pre-trade and post-trade control, liquidity management system, Trading User Interface, CRM, back office solutions, blockchain wallets for processing 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 more.
B2Trader is also connected with Marksman, a cryptocurrency liquidity distribution engine, which streamlines administration and ensures market updates with the latest data. By inputting their API credentials into Marksman, brokers can easily connect to top exchanges, create customized liquidity pools, and provide failover protocols for pairings and liquidity pools.
Let B2Trader Open the Gate to the Crypto Landscape
B2Trader Brokerage Platform is available as a turnkey solution or for integration with any CRM via REST API. Its sophisticated configuration and effective infrastructure allow businesses to seamlessly enter the cryptocurrency market and start generating revenue within a week. To experience this innovative platform firsthand, you can try out B2Trader’s free demo!
Hot Take: Embracing the Future of Cryptocurrency Trading
The launch of B2Trader Brokerage Platform (BBP) by B2Broker marks a significant milestone in the cryptocurrency industry. With its wide range of features and integration options, BBP enables various sectors to tap into the growing crypto landscape and meet the increasing demand for cryptocurrency trading.
As the industry continues to expand and evolve, it is crucial for businesses to adapt and embrace cryptocurrencies as a viable trading option. B2Trader provides the necessary tools, speed, and efficiency to facilitate seamless entry into the crypto market, helping brokers generate profits in this rapidly growing industry.