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The cryptocurrency market is growing inexorably in terms of capitalization. Its undeniable potential for profit and trading risks hedging attracts many financial institutions. However, the high volatility of the crypto market and the lack of reliable counterparties make it difficult for banks and insurance companies to assess the full functionality of this promising sector. Finding a credible and transparent counterparty, which can serve as a reliable financial services provider for cryptocurrency trading, is indeed a non-trivial task.

Another alarming tendency deterring those interested in cryptocurrency is that crypto exchanges that offer direct customer service often become subject to hacks and attacks by intruders. The most notable fund theft cases took place on the Mt.Gox, Binance, Bitfinex, Bithumb, and Bitstamp exchanges. Such incidents happen due to the weak legal regulation of the market and the absence of adequate protection mechanisms for investors. Their funds are not insured, and a lack of guarantees deprives financial companies of the robust opportunity to manage their assets in the crypto market.

The funds of Single Broker’s clients are covered by global insurance and are fully legally protected, as they are stored in cold custody when clients conduct trading operations. As a counterparty, Single Broker takes responsibility for possible risks and makes every reasonable effort to protect the client’s capital.

“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”

Satoshi Nakamoto, Creator of Bitcoin

The segmented market liquidity is another problem that large companies come across on various trading platforms: exchanges and decentralized exchanges, OTC platforms, and P2P platforms. Prominent market players can’t make a deal with a large amount without affecting the current price of the trading asset. The limited liquidity of the financial instruments always leads to price slippage. The solution lies in the operation of multiple trading platforms; however, it may lead to an increase in the costs and counterparty risks.

The Single Broker platform provides a single tool that successfully combines all the features required to work with both traditional and digital assets, thus opening up more investment opportunities for banks and insurance companies. As an institutional client, you get a killer feature set rolled into one solution:

A reliable and transparent counterparty that complies with all applicable laws and regulations
A single entry point to various cryptocurrency trading platforms plus aggregated liquidity
Favorable commissions and the impeccable execution of trading orders
Advanced internal system of management for your accounts and accounts of your clients
100% security, as all your funds are covered by insurance, saving you some headache. There is no need to worry about safety: the platform is absolutely fraud-free.
An innovative universal API makes the lives of institutional clients considerably easier. It provides you seamless access to all the exchanges registered on the platform, each of them was thoroughly inspected to see if it complies with the platform’s rules. The universal API guarantees smooth fund transfers between different exchanges with the most favorable fees, but more importantly, all the operations can be done in one and the same window

Michael is working in a collective investment fund that has already been presented in the traditional financial market for a long time. His company has profound expertise in technical and fundamental analysis, which is why his clients are not afraid to entrust to him considerable sums of money to invest in stocks and bonds. When cryptocurrency became legalized in many trustworthy jurisdictions, and the company focused its attention towards the promising crypto market, Michael had to think about how to start working with crypto assets. He had to decide what would become the entry point so that the company could seamlessly operate in the cryptocurrency market as well.

“When I had to choose among several counter-agents, I considered only those that possessed all of the following characteristics:

A reliable license
Deposit insurance
Favorable prices
Safe jurisdiction
Ease of use

The problem was that the crypto market lacks credible counter-agents that can fully meet our needs. Another headache is that the larger size of investments can significantly influence the current situation of the respective market. If an institutional investor happens to own the market depth on the chosen exchange, the prices can go up when the order is being executed.

With all of the above mentioned in mind, I was lucky enough to come across the Single Broker solution. The platform seems to address quite a range of pressing issues:

Single onboarding and aggregated liquidity. The Single Broker platform provides access to several exchanges in one place, so I don’t have to register on any other platform. I can also choose the most favorable offer for my company or my clients.

Advanced management. I was impressed with the straightforward system of rights and roles — I could create subaccounts, appoint supervisors, and grant different access levels for every portfolio manager. This system helps us manage the funds of our clients more effectively, as we can create a separate account for every client and tailor it to their needs.

Swiss regulation. I was SO surprised to learn that Switzerland, the financial capital of the world, has cryptocurrency fully legalized. The platform complies with all applicable international laws and regulations. Single Broker platform uses a smart clearing system with exchange platforms that ensures funds never leave the custodial cold storage. That means our funds are 100% safe, and I don’t have to worry about any kind of fraud.

Top-notch security. While working with large amounts, you might want some extra insurance to cover your back — just in case. It’s nice to know that all of our crypto assets on Single Broker are covered by insurance.

Universal API. I have never thought a unified API could make my life so much easier. Not only does it provide free access to all the exchanges available on the platform and enable smooth fund transfers between them, but it also lets you do it in one and the same window.

Various types of payments. I could opt for paying via a fiat wire transfer. That’s a great entry point to start working with crypto assets when you don’t have cryptocurrency funds yet — convenience at its finest.”