The world’s largest crypto exchange Binance has extended its partnership deal with Fintech software provider Takeprofit Tech. the extension of the deal means that FX brokers that connect to Binance via Takeprofit’s platform will enjoy additional features.

Takeprofit’s order management system was first integrated into Binance in September last year. The liquidity hub enables forex brokers to easily connect to crypto futures and spot trading platforms.

Takeprofit Adds More Functionalities In Enhanced Partnership

The collaboration between the two firms will also allow institutional clients of Takeprofit Tech to gain support from a personal Binance manager during corporate onboarding.

Also, for the first two months of their trading activities, the client will receive VIP status regardless of Binance Coin balance or their trading volume.

Head of Takeprofit Cyprus Office, Valerie Styazhkova, stated that the company is excited to extend its partnership with Binance. She added that the company’s technology will be used to facilitate more access to FX businesses to more than 1,400 Binance trading instruments, diversifying clients’ offerings in the process. Styazhkova joined Takeprofit in 2019 but was promoted to her new role only last month.

Takeprofit Enhances Offerings With New Partnerships

Takeprofit was launched in 2013 as a provider of a wide array of technology solutions such as easyMAM, liquidity hub, virtual dealer, and liquidity bridge. The company has operational offices in Cyprus and Russia. However, the firm is trying to enhance its operations and offerings by teaming up with major names in the industry. Last year, it collaborated with two online brokers – Orbbex and HypeForex – to offer trading technologies. Takeprofit says it has more than 150 clients globally.

With the extension of the partnership deal with Binance, brokers can gain new clients and meet the demands of traders on the crypto exchange. Styazhkova added that the company’s technology will come in handy in the deal to bring a competitive advantage and enhance value to clients and traders. Take profit says it will continue to add more functionalities to its technology to provide trading ease for institutional and retail clients.