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: