Fullerton Markets Brokerage firm on Feb. 17 announced that it has added a cryptocurrency channel to facilitate deposits and withdrawals using crypto. The broker has added support for 12 digital currencies that traders can use to deposit or withdraw. The coins include all the major and widely used cryptocurrencies such as Bitcoin, Bitcoin Cash, Binance Coin, Bitcoin SV, Dash, Dogecoin, Ethereum, Ethereum Classic, Litecoin, NEO, OmiseGO and Tron.
Moreover, before adding a cryptocurrency channel, the brokerage firm supported a range of deposit methods such as wire transfers, card deposits local bank transfers, and multiple e-wallets including Neteller, Skrill, and FasaPay. The St. Vincent-based firm was established back in 2015 and offers a variety of trading options such as forex, contract-for-differences (CFDs) and bullion.
In addition, Fullerton Markets CEO, Mario Singh commented on the cryptocurrency development. He highlighted the need for users to choose their preferred funding method; and the aim to offer a seamless experience to their users. Additionally, he noted on the need for the firm to expand its cryptocurrency offerings. He said:
“Strengthening our cryptocurrency offerings will also make sure we ready ourselves for the continued increase in cryptocurrency transactions.”
Fullerton Markets recently partnered with Vietnamese firm in a white-label partnership to expand its services to Southeast Asia. In addition, the firm also brokered a similar deal with Malaysia-based company BeGold back in 2019.
Brokerages Start Accepting Bitcoin and Crypto
Meanwhile, other brokerage companies have also started accepting crypto as a method to withdraw and deposit. Just at the beginning of the year, brokerage firm FXGate added support for Tether, a digital currency backed by the U.S. dollar.
In conclusion, Fullerton Markets is one of the fastest-growing brokerage firms in Asia. The company is run by one of Asia’s top influencers in the online trading industry, Mario Singh.