Crypto withdrawals and deposits now allowed on Fullerton Markets

Crypto withdrawals and deposits now allowed on Fullerton Markets

  • Ali Raza
  • 17th February, 11:16
  • A known broker Fullerton Markets recently announced that it will now support crypto withdrawals and deposits.
  • The company added support for 12 new cryptocurrencies, intrigued by the digital assets' popularity.
  • The firm claims that it wishes to provide its users with the most popular and useful payment methods, and that currently involves cryptocurrencies.

Fullerton Markets, a well-known brokerage platform, recently decided that it will add deposits and withdrawals for cryptocurrencies, according to its new announcement. The broker added support for as many as 12 different cryptocurrencies at once.

The supported coins include some of the largest and most popular cryptos in the industry, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Binance Coin Bitcoin SV, Ethereum Classic, TRON, NEO, Dogecoin, Dash, and OmiseGO. The brokerage’s CEO, Mario Singh, commented on the move by saying that the firm’s priority has been to deliver the most seamless experience on the platform. These days, that includes allowing users to pick the most suitable funding methods.

Of course, with cryptocurrency adoption continuously spreading around the world, crypto transactions are growing as well. The company’s decision to strengthen its crypto offerings will ensure that it will be ready for clients who prefer to use digital coins.

Even before it added support for cryptos, Fullerton Markets already allowed a rich array of withdrawal and deposit methods. This included credit card payments, local bank transfers, wire transfers, as well as e-wallets, such as Skrill, Neteller, and FasaPay.

Crypto adoption continues, attracting businesses along the way

The company was established back in 2015, and it offers a number of different trading options. Those include forex, bullion, and CFDs. Apart from adding crypto support, the broker also made other significant moves recently, including a partnership with another firm from Vietnam. The goal of this partnership is to expand its business to this country and the surrounding region.

It also established another partnership with BeGold Trading, a Malaysian firm, back in 2019. The move towards the crypto industry is not particularly unique, despite the fact that it is still very important. Other brokerages have done the same, including FXGate, which recently enabled Tether (USDT) deposits.

But, the company estimated that opening doors to crypto is the right move, particularly as blockchain’s predicted compound annual growth rate is estimated to be at 69.4% from now to 2025.

By Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master's degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications. Raza is the co-founder of 5Gist.com, too, a site dedicated to educating people on 5G technology.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.