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Binance Broker Spotlight, Part 2: More Entrepreneurs Growing Their Platforms, Powered by Binance

2021-01-02

Last week, we shared stories about companies that benefited from the many features and services offered by the Binance Broker program. We have since heard from more of our partners about how the program has helped them reach their goals for their respective platforms. Read the testimonials from three of our 920 partners across more than 40 countries.

CoinCodex: Widget Broker. “The widget is our most stable income source.”

Launched in 2017, cryptocurrency market aggregator CoinCodex provides information on 8,500 cryptocurrencies trading on more than 330 exchanges. CoinCodex displays live prices, customizable portfolios, price alerts, and more. One more notable feature of its website is the Binance Widget. 

CoinCodex chose Binance after considering affiliate programs from multiple exchanges, taking into account many factors such as the number of listed coins/markets, the presence of futures markets, and more. “Binance offers one of the best affiliate programs out there, so our decision to integrate it was pretty straightforward,” our widget broker shared.

This decision has provided CoinCodex with a steady source of funds, regardless of the state of the overall crypto market. “It’s one of the revenue streams we use to fund our development. It was actually one of our most stable sources of income when the cryptocurrency market was bearish and other revenue streams like paid ads performed worse than usual,” CoinCodex said about the Binance Widget.

Position yourself in the huge and growing crypto market. Join the Binance Broker Program today.

Bitsgap: API Broker. “Binance motivates us to build better trading tools.”

Bitsgap is an online platform that provides trading robots and comprehensive risk management tools to automate trading on more than 25 popular cryptocurrency exchanges. For its API needs, the platform chose Binance Broker and said Binance is its No. 1 choice, citing the exchange’s spot and futures markets, Visa cards, and even onboarding via Binance Academy.

“Our cooperation with Binance allowed us to expand the team and provide our services to a bigger number of users. It's important to add that even this interview motivates all Bitsgap team to move forward and create better trading tools,” Bitsgap said about its one-year working relationship with Binance Broker.

Bitsgap particularly had high opinions of the Binance team members who they work with. “Binance’s system is working very well as many user management processes are already automated and well documented, and personal managers quickly solve any other questions. Their team was always showing themselves as true professionals.” Bitsgap said about the service they are getting from Binance Broker.

RF (Exchange Broker): “Binance helps us increase profits & reduce costs.”

RF is the result of the work by several traders to create a convenient tool for focused trading on cryptocurrency futures markets. With its focus on UI/UX and its use of APIs through a broker program, this tool allows users to trade as if they’re transacting directly on an exchange. 

When RF chose to join the Binance Broker Partner program, it was able to provide automatic quotes on its trading tool while charging minimal fees. The broker also cited the stability of Binance's internal account and wallets as a factor in choosing Binance. As a result, the broker is expecting a significant increase in its profits this year.

“Through Binance Broker, we were able to reduce the cost and time of developing futures trading programs and invest the cost and time in brokerage platform development (UI/UX) and marketing,” RF noted.

RF also appreciated Binance’s initiative to collect information on its brokers’ opinions and needs and then service those requirements accordingly. “RF wanted to be able to provide a lot of benefits to users along with convenient and stable service, and Binance was able to fully accept this and provide commission compensation benefits to users as well.” according to the broker.

Conclusion

These recent stories from six of our 570 brokers offer a glimpse of the advantages that you get when you work with Binance Broker. Three characteristics of Binance Broker emerge frequently in these stories:

  1. Diverse. We work with a diverse lineup of clients, like exchanges, trading bots, aggregators, digital wallets, software solutions, websites, and more entities.

  2. Flexible. We also offer a flexible lineup of crypto trading and financial services, all of which can be customized for each client, including spot, margin, and derivatives trading, as well as crypto savings offerings, liquid swap platforms, referral programs, Binance Widget, and more.

  3. Sophisticated. We support our clients’ more advanced needs, no matter how specialized they may be,  through upgraded crypto trading services, order matching, account management, and API-powered settlement systems, among others.

Get in and start your Brokerage now. Apply here to be a Binance Broker Partner. We also have a new benefits system for brokers, especially API brokers.