FXPRIMUS Partners with BitPay to Start Accepting Bitcoin

LIMASSOL, Cyprus--( BUSINESS WIRE )--FXPRIMUS, one of the world’s leading online Forex brokers, has partnered with BitPay to begin accepting Bitcoin .

FXPRIMUS is one of the first brokers in the world to accept Bitcoin. Bitcoin is a measure to help traders diversify their trading portfolio, which is a known risk reduction strategy in line with the concept of safe trading. The company is known for taking extra security measures to protect traders and has entrusted its transactions to a third-party payment processor BitPay. BitPay has experience in managing high-value Bitcoin transactions for more than 60,000 merchants and payment service providers around the world , including Neteller, Adyen, Microsoft and other companies.

FXPRIMUS currently accepts payments from a variety of Bitcoin wallets using Advanced Payment Protocol technology. This technology allows users to withdraw any Bitcoin they have accumulated and put it back into the same wallet that paid into their Bitcoin account. By doing this, FXPRIMUS reduces the risk of fraud and exemplifies the highest standards of security. The company is currently pioneering secure Bitcoin payments in the Forex industry.

Terry Thompson, CEO and Director of FXPRIMUS, commented: “Security is our number one priority when doing business at FXPRIMUS and we are now delighted to announce the hiring of BitPay. This is part of our overall effort to expand our product offering to our global clients while maintaining security.”

Marcel Roelants, General Manager at BitPay, commented: “We are very excited to be onboarding a Forex broker to the BitPay platform for the first time. Bitcoin will complement FXPRIMUS’ already extensive trading portfolio and bring new clients to FXPRIMUS at minimal cost.”