Yesterday (1/9), FXPrimus announced a partnership with BitPay to start receiving deposit in Bitcoin. The CySEC-licensed forex broker has been expanding its services, and this move is directed to help traders in diversifying their portfolio.

Yesterday (1/9), FXPRIMUS announced a partnership with BitPay to start receiving deposit in Bitcoin. The CySEC-licensed forex broker has been expanding its services, and this move is directed to help traders in diversifying their portfolio.

FXPRIMUS

Several forex brokers has been expanding their features to accomodate rising interest in cryptocurrency, and FXPRIMUS newest offering is in line with this trend. However, they took a step forward by cooperating with third-party payments processor BitPay to manage transactions in Bitcoin. According to FXPRIMUS company news, BitPay is experienced in taking extra security measures while handling high-volume bitcoin transactions for several high-profile companies already, such as Neteller and Microsoft.

The cooperation means that FXPRIMUS now accept payments from bitcoin wallets using advanced payment protocol technology. After depositing a certain amount of bitcoin, the funding will then be converted into the currency with which the trading account is made. Furthermore, the technology enable traders to process withdrawal from their account back to the same wallet which funded the account.

According to Terry Thompson, CEO and Director of FXPRIMUS, With security at the forefront of our operations here at FXPRIMUS, we are now delighted to announce the appointment of BitPay, an experienced and established provider of the virtual currencies. This announcement forms part of our overall efforts to increase our range of offerings to our clients worldwide, whilst not compromising on safety.

FXPRIMUS is one of many global forex brokers under Cyprus CySEC's regulation. It provides forex and CFD trading with Metatrader4 and SIRIX webtrader platform with supporting advanced technologies such as chart pattern recognition solution Autochartist and robust VPS service.