Cryptocurrency Industry News

One Trading, Formerly BitPanda Pro, Launches Instant Trade Service

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Written By: Michael Abadha
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  • One Trading says that its Instant Trade platform offers retail clients access to crypto products previously preserved for institutions.

One Trading, formerly known as Bitpanda Pro, has released a new cryptocurrency trading solution called Instant Trade. Led by former JP Morgan executive and TradFi heavyweight Josh Barraclough, One Trading seeks to remedy the lack of regulated venues in Europe by providing institutional and retail clients with access to a wider range of sophisticated crypto products, such as derivatives and spot trading.

Among One Trading’s investors are Peter Thiel’s Valar Ventures, as well as MiddleGame Ventures, Speedinvest, Keyrock, and Wintermute Ventures. Fresh from completing the separation from Bitpanda and raising €30M, One Trading is expanding its portfolio with the launch of Instant Trade, making it a household name in Europe among retail and institutional investors in crypto assets.

A look at what Instant Trade offers

Instant Trade makes available to retail traders a product previously available only to institutional investors. Customers can now trade between 100+ different crypto-asset pairs and fiat currencies without incurring any fees or commissions. The market spread is the only fee associated with Instant Trade.

After years of working with many partners, One Trading says it has built up a large pool of liquidity that anyone may tap into without having to trade hundreds of millions of dollars per day or possess ecosystem tokens. Users can transact up to 10,000,000 EUR in a single transaction on its streamlined, user-friendly interface.

High-net-worth individuals and institutions can take advantage of a vast selection of digital assets, low trading fees, and substantial pools of liquidity by using the One Trading platform, which also provides access to a high-touch, secure OTC trading service.

What the future looks like for One Trading

One Trading says it has been on a rebranding campaign and conducted other major infrastructure modifications for some time. Using real-world metrics, it will soon launch what it says is the fastest and most scalable exchange ( 250-microsecond order create/cancel) for a mass retail and institutional audience. 

In addition to its current VASP license, One Trading plans to operate as a MiFID Trading Venue, which will enable the company’s platform to provide capital-efficient spot and derivative products to all sorts of customers. In addition, it provides a safer environment for customers by requiring them to undergo thorough anti-money-laundering (AML) and Know-your-customer (KYC) procedures and client suitability checks.

One Trading says it will be able to list financial instruments thanks to the comprehensive MiFID license. The aim is to put an end to the ongoing debate over whether a distributed ledger technology (DLT) asset is a token or a security, and paving the way for the development of brand-new products that adhere to strict standards of verification, openness, and client safety.

This post was last modified on Sep 08, 2023, 09:52 BST 09:52

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha