PRESS RELEASE. B2Broker, an industry pioneer in technology and liquidity and the company behind B2Trader Brokerage Platform, a crypto spot brokerage solution, has announced a new update to its BBP solution. The new B2Trader v1.1 introduces BBP Prime and expands on its report feature with flexible layout customisation.
B2Trader v1.1 Update is Live - BBP Prime, Custom Reporting, New iOS App and More
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Press release
B2Trader now has a dedicated BBP iOS mobile app, which is available as part of turnkey solutions. The app offers seamless integration with the B2Core back-office management software CRM and a native trading experience specially crafted for iPhone users.
BBP v1.1 New Update: Highlights and Features
The new BBP v1.1 comes with numerous features that benefit businesses and improve customer trading experience.
A New BBP Prime Functionality
This BBP release introduces a new feature that allows it to work as a prime brokerage platform for other B2Trader brokers. Linked platforms can maintain and refill their balances on BBP Prime, which will, in turn, help manage balances on associated accounts on LPs.
This way, BBP Prime simplifies monitoring balances on brokers’ accounts, processing incoming orders, forwarding them to LPs/B2Connect, and executing trades while advanced FIX connections govern the data exchange.
Flexible Template Builder
The new iteration adds flexible and simplified workspace customisation for BBP admins. Brokerage firms now have personalised templates for workspace layouts, including the default preset that launches automatically when a new trader accesses the trading terminal for the first time. Platform admins 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 on the left menu.
Advanced Report Generation and Customisation
The latest release extends the B2Trader reporting system to assist brokers in getting a comprehensive view of the platform’s performance. More precisely, a new report type has been added to allow admins to acquire a list of active accounts for a specified period. These reports are valuable tools for admins to assess the growth of their exchange or brokerage.
The new B2Trader platform conveniently stores all reports in a new “Report” button to improve report generation and accessibility.
Simplified Account Management
The new B2Trader v1.1 offers account selection directly from the “Trading” terminal on the top bar. When traders switch profiles, all widgets automatically adjust to display the selected account’s relevant information. This feature is highly valuable for those who manage multiple accounts, offering them a better tool to track performances in a streamlined manner.
New Tabs System in The Traders’ Workspace
The new BBP v1.1 introduces tabs with customisable workspaces that allow users to open up to 10 tabs and manage several trades at once. Traders can use pre-saved layouts provided by brokers or create new ones. This approach changes how end-users organise their trading flow more effectively.
Introducing The BBP iOS App — Why Does it Matter?
Mobile trading is on the rise, with 58% of revenue share in global trading markets in 2022 derived from mobile platforms. This trend will continue as the industry is expected to reach $150 billion by 2032 from $40 billion in 2023.
There are almost 7 billion smartphone users globally, making smartphones integral to trading activities. That’s why modern brokerage firms must offer a dedicated mobile experience of their trading platform if they want to compete in the market.
Following this trend, B2Broker expands its BBP turnkey package by introducing the BBP iOS app v1.0, offering all desktop trading functionalities for an optimised mobile experience. A solid web trading platform and an advanced mobile trading app empower brokers with a complete trading package to offer their customers.
Let’s review some key features of the new BBP iOS mobile app.
BBP x B2Core Integration
The new BBP app is closely integrated with the B2Core CRM mobile application, offering a single sign-on functionality. Once users are logged into their B2Core mobile app, they can directly access the BBP iOS app without entering their credentials again.
Easily Accessible Account Management
Multi-account functionality is a crucial feature of the B2Trader platform. With the BBP iOS application, traders can switch between accounts and trade from any of them seamlessly. The app facilitates a clear overview of available and on-hold funds for each account through the “Account Details” screen, offering traders an instant balance snapshot.
Interactive Markets and Charts Interaction
The iOS mobile app features a “Market” screen with an interactive interface that is accessible from the “Markets” button on the “Account Details” screen. This tool enables users to view custom real-time charts, switch between candle/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 app supports the same options offered in the web version: IOC and FOK for market orders and IOC, FOK, GTC, GTD and Day for limit orders. The “Order” section offers a comprehensive view of order types, prices, quantities, and execution times, while the advanced filters help users find specific orders efficiently and streamline their orders more effectively.
Customisable Themes
The B2Trader iOS application is an expansive turnkey solution that equips brokers with the ability to customise the platform’s colour and visuals to fit their web design and branding, ensuring a unified user experience across web and mobile versions. Moreover, the BBP app provides light and dark themes that users can switch and choose the preferred mode for optimal trading and viewing.
What’s Next?
This update, covering the B2Trader Brokerage Platform and iOS mobile app, is a significant milestone for B2Broker as a reliable technology and liquidity provider.
With redesigned interfaces, thoughtful features and highly demanded improvements, B2Trader proves its worth as an ultimate crypto spot brokerage tool for existing businesses and brokerage startups. Brokers can use BBP as a turnkey solution or integrate it with their CRM using REST API capabilities.
It is also worth noting that the company has already started working on new updates and improvements for the next iteration. We can only wait to see the upcoming features and innovations that brokers demand.
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