Bittreo, a Vancouver-based cryptocurrency retailer has unveiled its Brokerage SaaS product as part of its broader expansion plans. Bittreo is now the first brokerage to develop own SaaS for retail crypto locations.
Going Live in June
According to a press release, the Bittreo SaaS product will go live later in June 2019 and it’s aimed at making it easier for people to start a retail crypto brokerage firm from across the globe.
Commenting on the development, Yum Kasukawa, Co-founder of Bittreo noted that:
“This is a game changer for global crypto adoption. The main obstacles facing the mainstream adoption of cryptos are lack of trust and difficult access. Our physical location where investors can transact face to face with trusted professionals solves both of those problems.”
The Bittreo software comes with a vast array of features including the ability to connect through an API to numerous exchanges, real-time trade execution, automatic receipts, robust data storage, easy management of user roles and permissions, business intelligence reporting and more.
While the above features are a commonplace in the traditional financial ecosystem, it does not exist in the cryptospace yet.
Since 2017, Bittreo has been running its highly successful retail venue in Vancouver, generating a whopping $20 million in 2018 alone.
Despite the bear market of 2018, Bittreo was able to weather the storm. The firm strongly believes there will be a huge demand for its SaaS product once the solution goes live later in the year.
Also commenting on the initiative, Malcolm Weed, co-founder of Bittreo reiterated that:
“The response has been overwhelmingly positive. Since the first day we opened Bittreo in Vancouver, we’ve had numerous requests from customers, industry peers and businesses to help them open their own crypto brokerages across Canada, the U.S., and Europe and even in Australia.”
Bittreo is a cryptocurrency retailer whose primary objective is to enable people to trade and invest in cryptos. At its Vancouver retail brokerage, people can buy and sell cryptos in person and Bittreo is the first to offer a SaaS that empowers anyone to launch a retail crypto brokerage from any location in the world.
Bittreo is poised to become a multi-faceted financial institution for crypto, offering users the best experience ever.