Brokers Can Now Offer Spot Cryptocurrency Trading via DXtrade Platform

FinanceFeeds Editorial Team

If you are a broker, feel free to contact us for a personal demo. If you are a trader, reach out to your broker and express your wish to start trading crypto through DXtrade.

DXtrade, a multi-asset trading platform for FX, CFD, and crypto brokers, received spot crypto trading functionality in its latest update.

Now every broker who wishes to offer both margin and spot crypto trading to their clients can do it via the DXtrade platform powered by Devexperts. With DXtrade, traders can buy or sell a desired amount of crypto assets directly.

Jon Light, VP of OTC Platform at Devexperts said: “Spot trading functionality was a long awaited feature by many FX/CFD and Crypto brokers looking to go beyond only margin trading. With DXtrade, they can satisfy the demand of their traders on a traditional purchase of crypto and digital assets. This release created a unique platform where brokers can provide both margin and spot accounts at the same time.” 

DXtrade is a SaaS platform hosted and maintained 24/7 by Devexperts, a software development company serving the financial industry since 2002.

DXtrade offers a modular, widget-based UI that can be easily adjusted and organized in several tabs and pop-out windows to suit any trading style. Trading Journal and Trading Dashboard help traders keep track of all active and historical orders. This allows traders to manage their plans and strategies and review the past activity. With DXtrade, traders can finetune risk management configurations to protect their positions and achieve a desired risk/reward ratio. 

In the new release, brokers are free to create and support unlimited spot and margin accounts within a single user interface. The DXtrade UI now allows traders to switch seamlessly from margin to crypto trading and back and get the perfect experience with any instruments.

Click on the link to try out DXtrade: https://dx.trade/request-a-demo/

Read this next

Institutional FX

CLS FX volume continues downward trend in August

Total daily traded volume submitted to CLS for settlement took yet another step back in August.

Digital Assets

Huobi taps AstroPay to facilitate fiat-to-crypto payment in Latin America

Huobi, the world’s sixth-largest crypto exchange by trading volume, has recently partnered with payment solution provider AstroPay to launch local currency account deposits and withdrawals in Latin America.

Digital Assets

Crypto exchange FTX to raise $1 billion at flat valuation of $32 billion

FTX is reportedly in discussions with a clutch of heavyweights from traditional finance to raise up to $1 billion in fresh funding to fuel more deal-making.

Digital Assets

Revolut US launches trading on Avalanche, Solana, and Dogecoin

British fintech and banking firm Revolut has further expanded its cryptocurrency offering in the US with the addition of 29 new tokens.

Digital Assets

Bahrain greenlights eazyPay to launch Binance Pay

The Central Bank of Bahrain has blessed a new partnership inked by Binance with Eazy Financial Services ‘eazyPay’, a local POS and online payment service provider. The greenlight enables EazyPayto to launch Bitcoin and cryptocurrency payments in the region.

Digital Assets

Coinbase approved to offer crypto for Dutch users

Nasdaq-listed crypto exchange operator Coinbase has been handed regulatory approval to operate as a crypto service provider in the Netherlands.

Metaverse Gaming NFT

AC Milan partners with Solana-based NFT football game MonkeyLeague

“Partnering with champions like AC Milan, an absolute iconic Club throughout footballs history, is another testament to what we are building and where we are headed as a game and game studio. It also represents a key step in our plans to bridge the Web2 and Web3 worlds.”

Digital Assets

Shariah-compliant Islamic Coin to support SDG-compliant ventures, green projects, and philanthropy

Shariah-compliant Islamic Coin has recently launched a collaboration with the World Green Growth Organization and the International Youth Conference 6, taking place on September 22-25th and September 30th-October 1st, 2022, in New York. 

Market News

Week ahead: US core PCE and eurozone CPI 

We heard from a range of central banks last week and the update sparked big moves in the markets, and the bulk of the volatility was in currencies.

<