Brokerage platform Fullerton Markets on Monday announced the addition of a cryptocurrency channel as a new deposit and withdrawal method.
The broker is now allowing its clients to make deposits using a total of 12 cryptos, which include all the major and widely used digital currencies – Bitcoin, Bitcoin Cash, Binance Coin, Bitcoin SV, Dash, Dogecoin, Ethereum, Ethereum Classic, Litecoin, NEO, OmiseGO, and Tron.
“Our priority has always been to ensure the most seamless experience on our platform, and this includes letting clients choose funding methods that work best for them,” Fullerton Markets CEO Mario Singh commented on the development. “Strengthening our cryptocurrency offerings will also make sure we ready ourselves for the continued increase in cryptocurrency transactions.”
Expanding options in the offer
Prior to the new crypto channel, the broker was supporting an array of deposit and withdrawal techniques, including payment through credit cards, wire transfers, local bank transfers, and multiple e-wallets, including Neteller, Skrill, and FasaPay.
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Established in 2015, the Saint Vincent-registered company offers a range of trading options, including forex, contract-for-differences (CFDs), and bullion.
Earlier this month, the broker partnered with a Vietnam-based company establishing a white-label partnership to expand its business in Southeast Asia. The broker also established a similar partnership with Malaysian firm BeGold Trading last year.
Meanwhile, other brokerages are also moving towards crypto to expand their deposit and withdrawal support. Last month, FX and CFDs broker FXGate enabled deposits with Tether, a USD-pegged digital currency.
“With blockchain’s predicted compound annual growth rate of 69.4% from now till 2025, we can expect to see greater cryptocurrency adoption and more active cryptocurrency users in the next few years. Having the resources to support these developments will no doubt help us serve our existing and future clients better,” added Mario.