Cryptocurrency Payment Gateway Launched By B2Brokerbr>
Broker technology provider B2Broker has created a new payment gateway to enable its clients to send and receive payments in multiple cryptocurrencies.
B2BX is an aggregator of cryptocurrency liquidity for marginal trading, trading with physical delivery, and distribution of liquidity to brokerage companies. They are planning to make the first official B2B cryptocurrency exchange-aggregator or marketplace in which they will connect at least five percent of the market of Forex/DMA and Stock brokers.
The company said its new cryptocurrency gateway was developed to cater to a wide spectrum of clients, including Forex brokers, cryptocurrency exchanges, hedge funds, online stores and other merchants wishing to accept cryptocurrency payments. The gateway also offers an improvement in transaction speed to less than 20 seconds, compared with traditional payment gateways, which can take days.
According to the company, it has so far integrated with eight main blockchains and all tokens issued on the ethereum platform. Companies can therefore accept eight popular cryptocurrencies, as well as the B2B token. New cryptocurrencies can be added in as little as five minutes by simply providing the addresses of the wallets into which payments will be received.
The cryptocurrency gateway can be easily integrated via a single AP. The company will be offering three different options for clients. Merchants can receive each cryptocurrency into their own wallets directly, convert everything into bitcoin, or convert everything into fiat and receive it to their banking accounts.
“We have responded to our clients who want to accept payments in cryptocurrency due to its popularity and are looking to expand their potential client base,” said B2Broker COO Evgeniya Mykulyak.