White label binary trading platform provider Hello Markets has signed two new partnerships to facilitate bitcoin payments between brokers and their clients.
The agreements with Denmark’s Coinify and Israel’s Polycoin will allow the company’s clients to accept deposits and issue withdrawals in bitcoins.
The Coinify and Polycoin integrations will allow traders to either deposit funds in the virtual currency, or have the bitcoins partially or fully converted into Euros, US Dollars, and other major currencies.
Also operating a bitcoin exchange, Coinify will enable traders to purchase bitcoins to fund their trading account.
“Hello Markets’ addition of Coinify to our list of PSP’s is expected to be met with enthusiasm across Asia and most notably China, where bitcoins have gained considerable popularity over the last few years,” commented Jeremy Dahan, CEO of Hello Markets.
According to Dahan, 80 per cent of bitcoin transactions are against the Chinese Yuan, surpassing the US Dollar, Euro, and Yen.
“This strategy is made to provide a one-stop shop to our clients, as well as increase their customer base,” he said, adding that both partnerships further strengthen the company’s plans to expand in the Asian market.
Morten Bebe, sales manager at Coinify, said: “Hello Markets have taken another innovative step by enabling Coinify bitcoin payments. Bitcoin’s very fast and highly secure payment network is a perfect match for Hello Markets.
“We are pleased to provide this solution for Hello Markets and believe many more companies in this field will take this route in the future.“
Polycoin founder and CEO Alfred Shaffir added: “As a leading provider of cryptocurrency payment solutions for the financial sector, we see an excellent opportunity in working with binary option operators, and with the Forex trading sector in general.
“Partnering with Hello Markets will give Polycoin another great channel to access this market and will help us to continue our global efforts to drive the cryptocurrencies payments option to financial merchants around the world.”
Established in 2010, Hello Markets is headquartered in Cyprus with offices in London and Hong Kong. It provides its white label platform to around 110 brokers, located in 26 countries across Europe and Asia.
source : www.gamingintelligence.com