One Trading, formerly Bitpanda Pro, launches “Instant Trade” to provide a user-friendly, commission-free crypto trading platform for retail and institutional investors in Europe.
Key Points
- One Trading, formerly Bitpanda Pro, introduces “Instant Trade” product for retail and institutional crypto investors in Europe.
- Backed by major investors, One Trading aims to address the lack of regulated crypto venues in Europe.
- Instant Trade offers commission-free trading and user-friendly features, accessible to all customer types.
- One Trading operates under a VASP license and plans to expand its offerings, promoting safety and customer confidence in the crypto market.
London, United Kingdom, September 8th, 2023 – One Trading, the popular crypto asset exchange formerly known as Bitpanda Pro, has unveiled its latest product, Instant Trade. Following a successful €30 million funding round and its separation from Bitpanda, One Trading is expanding its offerings and establishing itself as a leading provider of crypto assets for both retail and institutional investors in Europe.
— One Trading (@onetrading_com) September 7, 2023
About the Newly Launched Product
Backed by major investors including Valar Ventures, MiddleGame Ventures, Speedinvest, Keyrock, and Wintermute Ventures, One Trading is gaining significant attention in the market. Led by industry veteran and former JP Morgan executive Josh Barraclough, the company aims to address the lack of regulated venues in Europe by offering sophisticated crypto products, including derivatives and spot trading, to both institutional and retail customers. This move is crucial given the limited experience many traditional finance players have in the crypto market, creating a gap in providing long-term product confidence and success.
Instant Trade, the newly launched product, is set to revolutionize the trading experience for One Trading’s customers. Previously, the OTC product was exclusively available to institutional clients, but with Instant Trade, all customer types can seamlessly trade over 100 pairs between crypto-assets and fiat currencies with just a click. Furthermore, Instant Trade offers commission-free trading, setting it apart from other brokers who charge dealing fees. Josh Barraclough commented on the launch, expressing his excitement for the release and highlighting the product’s user-friendly interface, deep liquidity pool, and the ability to trade up to ten million euros in a single trade.
All About One Trading
To ensure the safety and security of its customers, One Trading operates under a VASP license and offers a regulated service. The company intends to become a utility for large liquidity providers, allowing them to exchange unlimited amounts of risk under a membership model with low fees and deep books for retail investors. As it continues to expand, One Trading plans to list more products with appropriate controls and vetting, including derivatives, and aims to provide a regulated, institutional-grade platform that promotes customer confidence and safety.
Under its MiFID Trading Venue license, One Trading will enhance its existing VASP license, allowing the platform to offer capital-efficient spot and derivative products for all customer types. The full-scale MiFID license will also permit the listing of financial instruments, eliminating the classification debate surrounding DLT assets and ensuring customer protection through stringent AML, KYC, and client appropriateness checks.
In addition to its platform, One Trading provides access to a secure OTC trading service for high-net-worth individuals and institutions. The service offers competitive fees and deep liquidity pools, further solidifying One Trading’s position as a trusted provider of digital assets for a diverse range of customers.
About One Trading
Headquartered in Europe, with offices in Amsterdam, London, Milan, and Vienna, the One Trading team is dedicated to bridging the gap between crypto and traditional asset trading. The company is regulated in the EU and offers a comprehensive, regulated trading platform for all customer types and products. For more information about One Trading, visit their website at www.onetrading.com and follow their social channels for updates.
