Despite its ongoing problems with the regulators around the world, Binance is still providing an excellent service, which is something that many in the trading industry recognize. One example is Takeprofit Tech — a fintech software provider that recently announced an official integration of its Liquidity Hub with Binance.
Takeprofit Tech is a firm with offices in Russia and Cyprus. Yesterday, September 24th, it revealed that its Liquidity Hub’s order management system was integrated with the world’s largest crypto exchange by trading volume.
The company also said in its press release that the integration will allow forex brokers and their clients to access futures and spot trading on Binance. Meanwhile, forex brokers enrolled with the Liquidity Hub will be able to function as market makers, and trade directly on the major exchange.
TakeProfit Hub’s Product Manager, Valerie Styazhkova, said that there has been a major surge of interest in digital currencies and that it was accompanied by the explosive growth of the value of the crypto industry. As a result, connecting to Binance will allow brokers to attract new clients, meet the demand of traders, and more, all with a single partnership.
Styazhkova added that it is important for the company to offer technological solutions that would bring great value to the firm and its users, and also provide the company with competitive advantages.
Major recent partnerships
Before this deal, Takeprofit Tech also teamed up with a major forex broker Orbex Limited, to which it offered risk management solutions. Orbex integrated the Takeprofit Max Position Exposure plugin, allowing traders to use MetaTrader 4 to set desired limits for open positions and manage their risk.
Before that, Takeprofit also teamed up with HyperForex, a major online financial broker, to which it delivered a product suite that included client acquisition solutions, as well as the mentioned risk management features.