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Screenshot of a breaking news alert e-mail from Q2 2017
Hello Markets, a provider of custom-made white label platforms for the online trading market, has just announced that it has formed a partnership with Polycoin, a Bitcoin payment service provider.
The Israel-based company enables merchants to accept Bitcoin deposits and issue Bitcoin withdrawals.
All of Hello Markets’ brands will now be able to add Polycoin’s payment processing method to their list of deposit and withdrawal methods. Integrating Polycoin into brokers’ platforms will permit traders to make deposits in bitcoins, and convert them in to the denominative major currency of the user’s trading account.
The new method will likely be appreciated by traders who prefer not to submit their credit card details to the broker’s website.
Brokers are also set to benefit from Hello Markets’ latest partnership, as rolling reserves and charge-backs will almost be a thing of the past, with chances of fraud also cut markedly.
“With 80% of bitcoin transactions reportedly carried out with the Chinese Yuan, the addition of Polycoin to Hello Markets’ list of payment service providers is sure to be of interest to our company’s large list of binary options brands based in Asia and more specifically, China. As always, we are determined to provide a one-stop shop to our clients and help increase their customer base”, said Jeremy Dahan, CEO of Hello Markets.
Alfred Shaffir, founder and CEO of Polycoin said: “As a leading provider of cryptocurrencies payments solution 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.”