Binary market is getting crowded, as forex platform providers join the party
The hype surrounding the binary options industry goes on as leading platform provider Leverate joined the party today announcing that it is launching its own trading platform solution named BX8. The platform will possess social trading features from the get go and will be offering Bitcoin as well as other digital currencies for trading. Leverate does not mention explicitly in the press release, but we would assume they mean namely Litecoin.
Leverate’s CEO Ran Strauss said that the company is aiming at revolutionizing the industry with their solution. He stated that since there are many brokerages that are looking for an all-in-one platform this is what they will get and with the added social features and the company’s stature in the industry this might indeed turn into a big leap forward for the whole industry.
We have already mentioned that the binary options space seems to be becoming quite competitive. It was only last month when another major provider, namely X Open Hub, has announced the launch of their beta testing phase for binary options integration within their already complete solution.
The biggest winners from the announcement are current clients of Leverate that will immediately get the opportunity to target another market with the addition of binary options to their existing offerings. The seamless integration with Leverate’s customer management platform LXCRM will provide extra convenience and the Smart Conversion Funnel™ easily converts demo users to real-money accounts.
For a look at the BX8 platform and to contact Leverate on their new binary options solution our readers can visit BX8.me.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.