Hello Group Launches Cryptocurrency Suite: Payments, Feeds and Platform

Hello Group, a provider of white label online trading brokerage solutions, has announce the launch of a full product suite revolving around 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.

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This new offering is geared toward forex and binary options brokers as well as finance and cryptocurrency websites. The data feed package includes a total of 11 cryptocurrencies, which are cross-referenced and paired up with each other, as well as with four major fiat currencies: EUR, GBP, USD, and CHF.

At present, Hello Group supports Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Ethereum Classic (ETC), NEM (XEM), Dash (DASH), Bitshares (BTS), Stratis (STRAT), Monero (XMR), and Potcoin (POT).

Brokers looking to offer these pairs as tradable assets on their platforms can do so regardless of the platform.

Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term

The company says that introducing deposits and withdrawal processing on its platforms through cryptocurrencies has been its goal for some time, and soon it will finally be possible.

Brokers using any of the Hello Group platforms will soon be able to receive payments and issue withdrawals in the form of major cryptocurrencies.

The end user will deposit and withdraw funds through an encrypted and fully SSL-secured payment portal, with the brokers managing deposited funds through their online wallet.

Platform

Just added to the growing Hello Group product family, the company’s latest platform will take the form of a forex portal, through which end users will be able to trade on the asset pairs mentioned above.

Set on the backdrop of a user-friendly HTML5 interface, the developers explain that the platform uses node.js technology for faster and smoother server-side data delivery.