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(Rejected 1) Fullerton Markets Adds Deposit and Withdrawal Support For 12 Major Cryptocurrencies

Nicholas Otieno   Feb 16, 2020 07:00 2 Min Read


Fullerton Markets, a well-recognized brokerage platform, has recently announced the addition of new crypto channels to its existing options of withdrawal and deposit methods.

The broker is now allowing its customers to make deposits using 12 different cryptocurrencies that include all the main and widely used digital currencies like Bitcoin, Ethereum, Bitcoin Cash, Dash, Binance Coin, Ethereum Classic, Dogecoin, Tron, NEO, Bitcoin SV, Litecoin, and OmiseGo.

More Options in The Offer Is Better

Mario Singh, Fullerton Markets CEO, said: “Our priority always has been to ensure the most secure and seamless experience on our platform, and this involves enabling consumers to choose funding methods, which work best for them. Strengthening our crypto offerings will also ensure that we are ready to handle the continued increase in the number of cryptocurrency transactions in the future.”

Mario added: “With blockchain having a predicted compound annual growth rate of 69.4% from now until 2025, we can anticipate seeing more increased crypto adoption and more active crypto users in the next few coming years. Having the resources to support such developments will certainly assist us in serving our future and existing customers better.”

The firm mentioned that better access to digital currency funding through new crypto channels will enhance transaction processes, while letting customers explore payment methods most suitable for them.  

Before adding the new cryptocurrency channels, the broker was offering its clients a variety fast withdrawal and deposit techniques including payment through local bank transfers, credit cards, wire transfers, and multiple e-wallets like FasaPay, Skrill, and Neteller. With the new crypto channels, its customers will have another alternative for fund transfers via a digital wallet.

Fullerton Markets was established in Saint Vincent (Anglo-Caribbean country) and provides a variety of trading options like forex, bullion, and contract-for-differences (CFDs).

In the early part of this month, Fullerton entered into a white-label partnership with a Vietnam-based firm to expand its business presence in Southeast Asia. Last year, Fullerton also created a similar partnership with Malaysia brokerage firm BeGold Trading.

Other brokerages have also shown interest to launch cryptocurrency-based options to make their withdrawal and deposit processes more accessible. Last month, forex and CFDs broker FXGate enabled its clients to make deposits using Tether, a digital currency pegged against the US dollar.

 

Image via Shutterstock

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