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Coinify announces partnership with Hello Markets

New PSP enables Hello Markets’ brands to accept Bitcoin payments


NICOSIA and COPENHAGEN (HELLO MARKETS and COINIFY), 21 September 2015 – As part of its latest partnership deal, Hello Markets has just announced that it has signed an agreement with Coinify – Europe’s leading Bitcoin payment service provider. The Denmark-based company will help facilitate Bitcoin payments between brokers and their clients.

 

The Coinify integration into brokers’ platforms will allow traders to either deposit funds in the virtual currency, or have the bitcoins partially/fully converted into Euros, U.S Dollars, and other major currencies. Also operating a Bitcoin exchange, Coinify will enable traders to purchase bitcoins with which they will be able to fund their trading account.

Easy funding

Every single one of Hello Markets’ brands will be able to add Coinify’s payment processing method to their list of deposit and withdrawal methods.

 

The addition of Coinify to Hello Markets’ list of PSP’s first and foremost benefits the traders, who are able to take advantage of this seamless funding method. Whereas credit card deposits require traders to follow a series of steps, and wire transfers take a few days to be effective, bitcoin deposits will allow traders to almost instantly fund their accounts with virtually no hassle.

Furthermore, bitcoin’s truly global identity means that the trader does not need to have a bank account in order to make a deposit, and transaction fees are completely eliminated.

This benefits the brokers as well, who will not be worrying about any rolling reserves or charge-backs, given that deposits can solely be executed by the owner of the bitcoin account – thereby eliminating the possibility of fraud.

Large-scale advancements

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. 80 percent of bitcoin buying & selling transactions are reportedly done against the Chinese Yuan, surpassing the U.S Dollar, Euro, and Yen. This strategy is made to provide a one-stop shop to our clients, as well as increase their customer base, said Jeremy Dahan, CEO of Hello Markets.

Having undertaken several steps in order to facilitate its Chinese customer base, Hello Markets’ partnership with Coinify further strengthens its determination to further grow in the Asian markets.

 

Morten Bebe

Morten Bebe, Sales Manager at Coinify, added the following: “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.


This news has also been featured on Hello-Market’s website, leapRate, Coin Journal, The Paypers and Gaming Intelligence.

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