PANDORA, a cryptocurrency trading platform, announced on Thursday that it officially launched to the public on December 3, 2018. The platform, which utilizes foreign exchange (forex) 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.
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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.