News Release. B2Broker, a pioneer in the technology and liquidity space, and the company behind the B2Trader Brokerage Platform for cryptocurrency spot trading, announces new updates to its BBP solution. The new B2Trader v1.1 introduces BBP Prime and extends its reporting capabilities with customizable layouts.
B2Trader now has a dedicated BBP iOS mobile application as part of its turnkey solution. The application offers seamless integration with the B2Core CRM backend management software and provides a native trading experience designed specifically for iPhone users.
Highlights and Features of the New BBP v1.1 Update:
New BBP Prime Feature
This BBP version introduces a new feature that allows it to serve as the primary brokerage platform for other B2Trader brokers. Associated platforms can maintain and supplement their balances on BBP Prime, which in turn helps manage the balances of related accounts on LPs.
In this way, BBP Prime simplifies the monitoring of broker account balances, processing incoming orders, forwarding them to LP/B2Connect, and executing trades while managing data exchange on advanced FIX connections.
Flexible Template Generator
The new iteration adds flexibility and simplification to BBP administrators’ workspace customization. Brokerage firms now have personalized templates for workspace layouts, including default presets that automatically launch when new traders access the trading terminal for the first time. Platform administrators can import pre-configured layouts, export their settings, and save up to 10 custom layouts.
Users can find this new feature in the “Settings” section of the left-side menu.
Advanced Report Generation and Customization
The latest version expands the B2Trader reporting system to help brokers gain a comprehensive understanding of platform performance. More specifically, a new report type has been added, allowing administrators to obtain a list of active accounts for a specified period. These reports are valuable tools for administrators to assess the growth of exchanges or brokerage businesses.
The new B2Trader platform conveniently stores all reports in a new “Reports” button to enhance report generation and accessibility.
Streamlined Account Management
The new B2Trader v1.1 provides account selection directly from the “Trading” terminal on the top bar. When traders switch profiles, all widgets automatically adjust to display relevant information for the selected account. This feature is particularly valuable for individuals managing multiple clients, providing them with a better tool to track performance in a simplified manner.
New Tab System in Trader Workspace
The new BBP v1.1 introduces tabs with customizable workspaces, allowing users to open up to 10 tabs simultaneously and manage multiple trades. Traders can use pre-saved layouts provided by brokers or create new layouts. This approach changes the way end-users organize their trading flow more efficiently.
Introducing the BBP iOS Application – Why is it Important?
Mobile trading is growing, with mobile platforms accounting for 58% of global trading market revenues by 2022. This trend is set to continue, with the industry expected to grow from $40 billion in 2023 to $150 billion by 2032.
With nearly 7 billion smartphone users worldwide, smartphones have become part of trading activities. That’s why modern brokerage companies must provide a dedicated mobile experience for their trading platforms if they want to compete in the market.
Following this trend, B2Broker expands its BBP turnkey package by launching the BBP iOS application v1.0, offering all desktop trading functionalities to optimize the mobile experience. The solid web trading platform and advanced mobile trading application enable brokers to provide a complete trading package for their clients.
Let’s review some key features of the new BBP iOS mobile application.
BBP x B2Core Integration
The new BBP application integrates closely with the B2Core CRM mobile application, providing a single sign-on feature. Once users log in to the B2Core mobile app, they can directly access the BBP iOS application without re-entering credentials.
Easy-to-Access Account Management
The multi-account feature is a crucial functionality of the B2Trader platform. With the BBP iOS application, traders can switch between accounts and seamlessly trade from any of the accounts. The application conveniently provides an overview of available and held funds for each account on the “Account Details” screen, offering traders an instant balance snapshot.
Interactive Market and Charting
The iOS mobile application features a “Market” screen and an interactive interface accessed through the “Market” button on the “Account Details” screen. This tool allows users to view custom real-time charts, switch between candlestick/line charts, and access historical price data. This feature also includes three tabs for quick access to trading and account details, namely Order Book, Open Orders, and Balances.
In terms of order types, the BBP application supports the same options offered in the web version: market orders support IOC and FOK, while limit orders support IOC, FOK, GTC, GTD, and Day. The “Orders” section provides a comprehensive view of order types, prices, quantities, and execution times, while advanced filters help users efficiently locate specific orders and streamline order management.
Customizable Themes
The B2Trader iOS application is an extended turnkey solution that allows brokers to customize the platform’s colors and visual effects to align with their web design and brand, ensuring a unified user experience across web and mobile versions. Additionally, the BBP application offers light and dark themes, allowing users to switch and choose their preferred mode for optimal trading and viewing.
What’s Next?
This update covers the B2Trader brokerage platform and the iOS mobile application, marking an important milestone for B2Broker as a reliable technology and liquidity provider.
With a redesigned interface, thoughtful features, and high-demand improvements, B2Trader proves its value as the ultimate cryptocurrency spot brokerage tool for both existing businesses and brokerage startups. Brokers can use BBP as a turnkey solution or integrate it with CRM using the REST API functionality.
It is also worth noting that the company has already begun new updates and improvements for the next iteration. We can only wait to see the upcoming features and innovations requested by brokers.
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