Crypto & Digital Assets
FXPRIMUS Will Ensure All Its Transactions Through A Blockchain Trade Verifier (BTV)
05 Feb 2018
FXPRIMUS has announced that as part of its relationship with trade.io, the Company has been granted exclusive rights to offer the Blockchain Trade Verifier (BTV) to its clients. This is a first of its kind semi-decentralized application to verify trade data from your MT4 on the blockchain. In simple terms, FXPRIMUS is the first company to offer a method for clients to ensure the data being displayed on their MT4 platform has not been tampered with and is 100% transparent.
This trading application (or DApp), will work intuitively with the MT4 platform, allowing traders to trade over 120 instruments whilst publishing each and every trade to the blockchain. With the BTV, clients are assured that the data being displayed has not been tampered with and is 100% transparent.
The introduction of the BTV forms part of the company’s strategic efforts to provide an unbeatably safe trading environment to its clients, worldwide. Management of FXPRIMUS have announced that the Blockchain Trade Verifier will be publicly available over the coming weeks. Until then, a few clients have been invited to trial the platform on an exclusive basis. Clients are also assured that only trade order numbers will be visible on the BTV along with trade details, hence their personal account information will
be protected at all times.
CEO and Executive Director of FXPRIMUS Costas Kappai commented:
“We have been working for quite some time now to harness the industry’s best technologies for the purpose of creating an even more secure and trusted trading environment. Whilst FXPRIMUS is already surpassing its competitors in terms of safety
mechanisms offered to clients – for instance our €2.5million client fund insurance and 3rd party overseeing of client withdrawals – we are now using the latest blockchain technologies to create the most transparent and ethical trading environment available anywhere in the industry.”
FXPRIMUS is globally acclaimed for offering one of the most secure online trading environments available anywhere in the forex industry. The company enables clients of all experience levels to trade multiple instruments including forex, commodities, energies and indices, as well as cryptocurrencies, via a range of advanced web and mobile trading platforms. Lightning quick execution via state-of-the-art execution systems worldwide combine to create a seamlessly efficient trading environment. Client funds are protected via an unshakable risk management model, built to withstand any unexpected market volatility.
“We are the first brokerage in the industry to offer additional insurance on up to 2.5EUR million, plus 3rd party overseeing of client funds by Boudica Client Trust,” they said.
