London, United Kingdom, September 8th, 2023, Chainwire
One Trading, the crypto asset exchange formerly operating under the Bitpanda Pro brand, today announced its new product, Instant Trade.
Having recently raised €30M and fully separated from Bitpanda, Instant Trade is another step forward for One Trading as it diversifies its offering and establishes its footprint as a household name providing crypto assets to both retail and institutional investors in Europe.
With backers including the likes of Peter Thiel’s Valar Ventures, MiddleGame Ventures, Speedinvest, Keyrock and Wintermute Ventures, One Trading is drawing a lot of attention.
Led by TradFi heavyweight and ex-JP Morgan exec Josh Barraclough, One Trading aims to address the lack of regulated venues in Europe by offering more sophisticated crypto products, including derivatives and spot trading, to both institutions and retail customers. With many traditional finance players lacking experience in the crypto market, there is a significant gap in providing long-term product confidence and success.
The latest product being launched is Instant Trade. Josh had the following to say about Instant Trade: “We’re really excited to be unraveling our latest product, Instant Trade, which brings our OTC product, typically reserved for institutional clients, to all customer types. Our customers can now trade 100+ pairs between crypto-assets and fiat seamlessly with great fiat on and off ramps at the click of a button, and commission-free trading. Most brokers charge a dealing fee when customers buy or sell assets, however, Instant Trade will have 0% commission, meaning there is no additional dealing fee charged on Instant Trade aside from the market spread applied. We’ve built up a deep pool of liquidity with a range of partners over the years, which everyone can access without having to trade hundreds of millions a day or hold ecosystem tokens.
We have a simplified, really easy to use UI and customers can even trade up to ten million euros in one trade. We’ll also be regularly adding new assets and our customers can rest assured that with our VASP license, we are a safe, secure, and regulated service, for anyone that isn’t a customer, you can test out Instant Trade on our website and compare our prices.
We’re really excited to hear feedback from our customers so do let us know…