Takeprofit Tech, a fintech software provider with offices in Cyprus and Russia, has expanded its existing partnership with Binance. According to a press release shared with Finance Magnates, forex brokers who connect to Binance through Takeprofit Hub will receive some additional functionalities.
Takeprofit Tech first integrated its liquidity hub’s order management system with Binance last September. It allows forex brokers to directly connect to cryptocurrency spot and futures trading platforms.
Under the partnership between the two, Takeprofit Tech institutional clients will receive support from a personal Binance manager during corporate onboarding. Additionally, they will receive VIP status for the first two months regardless of the trading volume and Binance Coin balance.
“We are excited to enhance our partnership with Binance and glad that our technology could facilitate the access of forex businesses to over 1400 Binance trading instruments and diversify their client offerings,” said Valerie Styazhkova, the Head of Takeprofit Cyprus Office. Styazhkova, who has been working with the company since 2019, was promoted to the role last month.
A Trading Technology Provider
Founded in 2013, Takeprofit offers an array of technology solutions like liquidity hub, liquidity bridge, virtual dealer and easyMAM. It operates from the offices in Saint Petersburg and Limassol.
Moreover, the company is focused on enhancing its offerings with partnerships within the industry. Last year, the company partnered with at least two online brokers, HyperForex and Orbex, for offering trading technologies. According to the company, it has more than 150 clients globally.
“Connecting to Binance through our hub gives brokers an opportunity to attract new clients and meet the demand of traders for trading on the world’s largest crypto exchange. It is important for us that our technological solutions bring value and competitive advantages to our customers,” Styazhkova said earlier.
