PANDORA Launches Crypto Platform Using FX Trading Technology

PANDORA, a cryptocurrency Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, announced on Thursday that it officially launched to the public on December 3, 2018. The platform, which utilizes foreign exchange (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) trading technology, allows investors to trade digital assets through MetaTrader 5.

According to the statement, the team at PANDORA have drawn upon their experience in the forex industry and the technology available to traders within the mature sector to create the cryptocurrency trading platform.

On the PANDORA platform, MetaTrader 5 allows investors interested in trading digital assets to manage investments from a range of cryptocurrency exchanges, streamline their accounts and automate their trading based on selected performance indicators.

Through the platform, traders have access to indicators, trading bots and social trading which allows investors to copy the trading strategies of professional traders. The trading platform also provides news and analytic services.

Alongside the trading platform, the company offers its software solution Pandfolio. Through an API, users can synchronize exchanges and access necessary statistics to track and analyze their portfolios. According to the statement, customers can connect to well-known cryptocurrency exchanges such as Binance, Bitfinex, Kucoin, and Poloniex.

Commenting on the launch of the platform, Anton Kulikov, the CEO of the company said: "PANDORA is honored to usher in the next wave of cryptocurrency trading, with a complete solution for traders who want to leverage robust, professional tools to invest in the cryptocurrency market."

“Through PANDORA, investors will find managing their cryptocurrency portfolios easier than ever, using some of the same trading and analytical solutions that professional traders have relied upon for years."

PANDORA Aims to Bring FX and Crypto Together

By launching its trading platform, PANDORA is one step closer to realizing its goal of bringing together the traditional forex markets with the nascent cryptocurrency space. It aims to achieve this by offering traders more crypto-focused trading solutions leveraging the sophisticated technology available within the forex trading industry.