Tel Aviv-based Panda Trading Systems, known for its binary options, FX and CFD brokerage solutions, has announced that it has now started offering trading on cryptocurrencies on all of its platforms, as well as a complete cryptocurrency brokerage solution.
Panda has added support for trading CFDs on seven cryptocurrencies on its existing brokerage packages and platforms – Bitcoin, Ethereum, Litecoin, Peercoin, Dash, Namecoin and Novacoin. Brokers can now add these cryptocurrencies to their existing offerings.
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Panda has also added a new ‘Brokerage in a Box’ solution, allowing its customers to set up their own cryptocurrency brokerage entirely from scratch, complete with trading platforms, CRM, client area, PAMM facility and more. End users are currently able to make deposits, withdrawals and have accounts with a base currency in Bitcoin, with Panda promising that additional cryptocurrency support is currently in the works.
Ori Hazan, Panda TS VP Business Development, commented: “We’re very pleased to be a part of this exciting new direction the online trading industry is taking. Cryptocurrencies have been on our radar for quite a few years now, but they finally seem to be moving into mainstream adoption and we’re ready for this change with a complete suite of solutions that have been in development for some time.
At Panda we’ve always been instrument agnostic, our commitment is to make trading easier and more accessible for all, regardless of what products the market favors. We regard this as an exciting time for traders and are delighted to be at the forefront of this new movement.”