Genesis Vision Enables Direct FX Trading on its Own Platform

Genesis ‎Vision said it would enable Forex trading directly on its decentralized trust management platform that has been ‎built on Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term technology and smart contracts.

Starting next Monday, Genesis users will be able to trade Forex and other asset classes on Genesis Markets, as well to copy trades using all instruments available. Genesis Vision platform already offers currency trading through various partners, including Roboforex, Exante, and Just2Trade. Its initial fund management concept has evolved into a peer-to-peer asset management module offering.

“Our side project, Genesis Markets, which has been integrated into GV as well, was just a crypto broker and it was possible to trade only crypto there. Now we have connected new liquidity provider and Genesis Markets will be offering Forex, Metals, Indices, Commodities and Shares starting January 13^th,” the company told Finance Magnates.

Genesis has the aspiration to bridge the gap between Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and traditional asset classes, boasting features such as leverage, advanced order types, and charting tools.

Genesis eases operations with new partnerships

Earlier last year, Genesis ‎ has partnered with B2Broker, which provides liquidity and technology for the forex and cryptocurrency industries. The deal marks the first collaboration with a Prime Broker to provide Genesis’ clients with aggregated liquidity on cryptocurrencies through its B2BX MarksMan aggregator.

Genesis Vision has been actively accumulating more and more partner brokers, as the company is of the view to expand its pool to offer more options to its managers. This collaboration with B2Broker enables margin trading on crypto CFDs with leverage 1:5, as well as 74 Forex pairs, 12 spot metals, and four commodities.

On the crypto side, the company aggregates the liquidity from multiple exchanges to provide deeper order books to its clients. In addition to Houbi, the firm’s platform is also bridged to Binance and LMAX Digital, and negotiations with several other exchanges to join are underway.