Crypto Payments Becoming More Relevant, and Forex Doesn’t Remain on the Sidelines
Wednesday,12/10/2022|08:43GMTby
FM
UTIP Technologies experts outline key changes in the payments space.
The popularity of cryptocurrency is rapidly growing in many countries. This may be treated differently. Some see cryptocurrency as a new reality in terms of payments. Others just want to make money on this. Some are convinced that cryptocurrency popularity is a temporary phenomenon.
In any case, the use of cryptocurrency as a means of payment is getting more relevant, and Forex doesn’t remain on the sidelines. In this article, we will talk about the benefits of cryptocurrency payments.
Benefits of paying with cryptocurrency
Rationality. It might be a difficult task to get provided with card processing for an unregulated Forex project in Russia, Ukraine, and Europe. But the acceptance of payments in cryptocurrency solves this issue, even if you don’t have a license. For certain payment solutions, even having a company is not required.
Security. If you receive payments in traditional currencies made through a payment system or a P2P service, there’s a possibility to face one of the following problems:
● canceling transaction due to various reasons;
● having chargebacks;
● checking transactions by a regulator and freezing funds during said checks;
● blocking accounts or cards.
The situation is different with the acceptance of payments in cryptocurrency. Transactions that are made in blockchain are irreversible, so no chargeback is possible. Moreover, neither a regulator nor an international payment system nor an acquiring bank can affect blocking transactions or freezing funds, as those participants aren’t presented in the chain. Still, it’s necessary to remember about secure storage of your crypto wallets’ passwords, as in case they’re lost, there is no way to regain access to the wallets.
Speed. An operation in blockchain doesn’t last longer than several minutes. You can use a payment immediately after receiving; or a transaction may be settled on the same day, if you work through any kind of payment system. In some cases, it may take several days.
If card processing is involved, funds' receiving process is also carried out quickly. But firstly you get money on a merchant account in the payment system, and it’s possible to transfer these funds within a time period specified in the contract with the payment system. Such a period may last from several days to a month. Thus, you will be able to have money at your disposal after that time period.
Convenience. Traders don’t have to buy cryptocurrency using third-party services to deposit funds on their trading accounts. Most modern payment solutions suggest this process to be carried out through one service, resembling an online payment from a bank card. Moreover, due to the features of certain payment systems, no information on cryptocurrency purchases is displayed.
Accepting cryptocurrency on the UTIP platform
Specialists from the developer company of the UTIP trading platform are actively monitoring the current situation on the market of payment acceptance, adjusting to the modern realities of high-risk working. There are 15 payment solutions integrated into the UTIP platform, which allow working with cryptocurrency.
Demand for such solutions is growing, so it’s no surprise that several more payment systems integrated into the UTIP platform are about to start working with cryptocurrencies.
Besides payment solutions, the UTIP company develops its own software for Forex and crypto brokers, assists in registration of companies, and provides turn-key solutions. You can learn more about these offers and other features on the UTIP company’s website.
The popularity of cryptocurrency is rapidly growing in many countries. This may be treated differently. Some see cryptocurrency as a new reality in terms of payments. Others just want to make money on this. Some are convinced that cryptocurrency popularity is a temporary phenomenon.
In any case, the use of cryptocurrency as a means of payment is getting more relevant, and Forex doesn’t remain on the sidelines. In this article, we will talk about the benefits of cryptocurrency payments.
Benefits of paying with cryptocurrency
Rationality. It might be a difficult task to get provided with card processing for an unregulated Forex project in Russia, Ukraine, and Europe. But the acceptance of payments in cryptocurrency solves this issue, even if you don’t have a license. For certain payment solutions, even having a company is not required.
Security. If you receive payments in traditional currencies made through a payment system or a P2P service, there’s a possibility to face one of the following problems:
● canceling transaction due to various reasons;
● having chargebacks;
● checking transactions by a regulator and freezing funds during said checks;
● blocking accounts or cards.
The situation is different with the acceptance of payments in cryptocurrency. Transactions that are made in blockchain are irreversible, so no chargeback is possible. Moreover, neither a regulator nor an international payment system nor an acquiring bank can affect blocking transactions or freezing funds, as those participants aren’t presented in the chain. Still, it’s necessary to remember about secure storage of your crypto wallets’ passwords, as in case they’re lost, there is no way to regain access to the wallets.
Speed. An operation in blockchain doesn’t last longer than several minutes. You can use a payment immediately after receiving; or a transaction may be settled on the same day, if you work through any kind of payment system. In some cases, it may take several days.
If card processing is involved, funds' receiving process is also carried out quickly. But firstly you get money on a merchant account in the payment system, and it’s possible to transfer these funds within a time period specified in the contract with the payment system. Such a period may last from several days to a month. Thus, you will be able to have money at your disposal after that time period.
Convenience. Traders don’t have to buy cryptocurrency using third-party services to deposit funds on their trading accounts. Most modern payment solutions suggest this process to be carried out through one service, resembling an online payment from a bank card. Moreover, due to the features of certain payment systems, no information on cryptocurrency purchases is displayed.
Accepting cryptocurrency on the UTIP platform
Specialists from the developer company of the UTIP trading platform are actively monitoring the current situation on the market of payment acceptance, adjusting to the modern realities of high-risk working. There are 15 payment solutions integrated into the UTIP platform, which allow working with cryptocurrency.
Demand for such solutions is growing, so it’s no surprise that several more payment systems integrated into the UTIP platform are about to start working with cryptocurrencies.
Besides payment solutions, the UTIP company develops its own software for Forex and crypto brokers, assists in registration of companies, and provides turn-key solutions. You can learn more about these offers and other features on the UTIP company’s website.
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🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
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🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
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In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
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👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
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🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
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You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
