News Release. B2Broker, an industry pioneer in the technology and liquidity space and the company behind the cryptocurrency spot brokerage solution B2Trader Brokerage Platform, has announced new updates to its BBP solution. The new B2Trader v1.1 introduces BBP Prime and extends its reporting capabilities through flexible layout customization.
B2Trader now has a dedicated BBP iOS mobile app as part of the turnkey solution. This app provides seamless integration with B2Core back-office management software CRM and delivers a native trading experience tailored for iPhone users.
BBP v1.1 New Updates: Highlights and Features
The new BBP v1.1 boasts many features that benefit businesses and improve client trading experiences.
New BBP Prime feature
This version of BBP introduces a new feature that allows it to serve as the primary brokerage platform for other B2Trader brokers. Associated platforms can maintain and replenish their balances on BBP Prime, which in turn will help manage the balances of related accounts on LP.
In this way, BBP Prime streamlines 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 flexible and simplified workspace customization for BBP administrators. Brokerages now have personalized workspace layout templates, including default presets that automatically initiate 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-hand menu.
Advanced report generation and customization
The latest version expands the B2Trader reporting system to help brokers gain a comprehensive understanding of the platform’s performance. More specifically, it adds a new report type that allows administrators to retrieve an active account list for a specified period. These reports are valuable tools for administrators to assess exchange or brokerage business growth.
The new B2Trader platform conveniently stores all reports in a new “Reports” button to enhance report generation and accessibility.
Simplified account management
The new B2Trader v1.1 offers account selection directly from the “Trading” terminal in the top bar. When traders switch profiles, all widgets automatically adjust to display relevant information for the selected account. This feature is highly valuable for individuals managing multiple clients, providing them with a better tool to simplify performance tracking.
New tab system in trader workspaces
The new BBP v1.1 introduces tab options with customizable workspaces, allowing users to open up to 10 tabs simultaneously and manage multiple trades. Traders can use pre-saved layouts provided by the broker or create new layouts. This approach changes the way end-users organize trade flows more effectively.
Introducing the BBP iOS App – Why Is It Important?
Mobile trading is growing, with 58% of global trading market revenues in 2022 coming from mobile platforms. This trend is expected to continue, with the industry projected to grow from $40 billion in 2023 to $150 billion by 2032.
With nearly 7 billion smartphone users globally, smartphones have become a part of trading activities. This is why modern brokerage firms must provide dedicated mobile experiences for their trading platforms to compete in the market.
Following this trend, B2Broker expanded its BBP turnkey package by launching the BBP iOS app v1.0, offering all desktop trading functionalities to optimize the mobile experience. A robust web trading platform and an advanced mobile trading app enable brokers to provide a complete trading package for clients.
Let’s review some key features of the new BBP iOS mobile app.
BBP x B2Core integration
The new BBP app is tightly integrated with the B2Core CRM mobile app, providing single sign-on functionality. Once users log in to the B2Core mobile app, they can directly access the BBP iOS app without re-entering credentials.
Easy access to account management
The multi-account feature is crucial for the B2Trader platform. With the BBP iOS app, traders can switch between accounts and seamlessly trade from any account. The app offers a clear overview of available funds and held funds for each account through the “Account Details” screen, providing traders with an instant balance snapshot.
Interactive market and chart interaction
The iOS mobile app features a “Market” screen and an interactive interface accessible 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 trade and account details, namely Order Book, Open Orders, and Balances.
In terms of order types, the BBP app supports the same options as the web version: market orders support IOC and FOK, 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 find specific orders and streamline order management.
Customizable themes
The B2Trader iOS app is an extended turnkey solution that allows brokers to customize the platform’s colors and visual effects to fit their web design and brand, ensuring a unified user experience across web and mobile versions. Additionally, the BBP app offers both 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 app, marking a significant 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 existing enterprises and brokerage startups. Brokers can use BBP as a turnkey solution or integrate it with CRM using REST API capabilities.
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 features and innovations that brokers are eagerly anticipating for the upcoming release.
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