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.
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.