With over 15 years of experience in the manufacturing and operations sector, Ben brings a wealth of expertise to the new role.

Cryptocurrency payments have made financial transactions faster and safer. Forex brokers that integrate a cryptocurrency payment gateway can provide these advantages and more for their users. Crypto payment integration results in real-time transaction settlement, lower fees, and improved fraud prevention. These benefits increase forex brokers' operational efficiency, help them attract a global clientele, and remove geographical barriers. To grow and scale as a broker in this dynamic era, blockchain technology must be applied strategically to increase a business’s competitive edge, and drive scalability. Discover how accepting crypto payments can improve your forex brokerage business in this article.

Increased Global Reach

Forex brokers can expand their global reach by integrating a cryptocurrency payment gateway. Research by Oxprocessing and B2Broker shows that forex brokers saw a 20-30% increase in their client base when they started accepting cryptocurrency payments.

The rising forex broker client base after crypto adoption stems from the popularity and user realization of the benefits of crypto like real-time transaction settlement, unlike banks. The lower fees, flexibility, and additional security also attract many users as we shall see subsequently.

Accepting crypto through payment gateway solutions like Onchainpay.io connects a forex broker and its customers with the innovation and flexibility offered by decentralized finance. Crypto payment gateway integration is crucial in expanding and getting a bigger global customer market share.

Improved User Security

Integrating a proven and transparent cryptocurrency payment gateway like Onchainpay.io which uses two-factor authentication, permissioned API access, and real blockchain addresses to secure user funds offers all the advantages.

Advanced encryption and decentralized verification through blockchain technology ensure secure transactions and minimize fraud. No one can alter blockchain transactions as they are recorded on a public ledger that is almost impossible to counterfeit.

Transactions are traceable and secure onchain, increasing user confidence in the forex brokers who adopt crypto payments. With crypto payment, transactions occur in simple sends or receives between wallet addresses without intermediaries that can delay the process. By adopting crypto payment forex brokers can establish user trust and stand out from the competition.

Transaction Speed and Overall Efficiency

Real-time payment settlement is a game changer for forex brokers. Payment gateway comparison experts Crypto Payment Gateways note that while the average traditional payment processing time takes 7-14 days, cryptocurrency payments settle in a few seconds to a few minutes.

Crypto payments increase speed, boost operational efficiency, and drive forex broker customer satisfaction by providing quick access to funds. Lower transaction fees from crypto payment integration lead to massive cost savings. Forex brokers can operate more efficiently, save customer time, and remain at the forefront of innovation by integrating state-of-the-art crypto payment processing solutions like Onchainpay.io.

Affordable Fees

Analysis from Blockdata shows that cryptocurrency payments can cut transaction costs by 70% compared to traditional methods. Paying with known methods like credit cards often incurs 1.5% to 3.5% in transaction fees. Cryptocurrency transactions using payment methods like Bitcoin cost about 0.01%-1%.

Reduced transaction cost presents a business advantage for brokers who can also attract customers seeking affordable trading options. With blockchain technology forex brokers can offer real-time and competitive transaction costs as a strategic move to increase overall user experience.

Seamless Cross-Border Payment Processing

Decentralized finance offers direct and seamless cross-border payment settlement with lower fees and zero delays. Through digital currency payment integration, forex brokers can attract a global user base interested in innovation and opportunities in decentralized finance. Crypto payment integration makes cross-border transactions more efficient with no intermediary and additional security. With it, forex brokers can enjoy frictionless cross-border payment processing and devote more time to expanding other aspects of their business.

Easy Scalability

From declined card transactions to restricted regions, the limitations of traditional payment systems impact forex brokers’ ability to scale. Brokers can tap into the global market and attract clients across the globe by adopting crypto payment solutions. The flexibility of crypto integration also helps brokers build adaptable business models and solutions that serve their client base perfectly. These benefits coupled with cost savings and instant settlement mentioned before improve brokerage efficiency and user satisfaction helping forex brokers grow their business beyond expectations.

User Satisfaction and Competitive Edge

Crypto Wallet

Self-custody wallets are a huge advantage for crypto users. Imagine the ability to own and control 100% of your assets. Crypto wallets make this possible and withdrawing forex profit into self-custodial crypto wallets is a dream for most participants in the financial market today. Crypto wallets are a convenient option that improves customer satisfaction. Hence brokers who accept crypto win more customers and stand out from the crowd of available options.

Crypto Adoption

Through crypto payment and transaction settlement integration, forex brokers can get along with the current trend and preference for digital assets. A report released by Fxleaders notes that traders and investors are ahead of the pack in the rapid race toward cryptocurrency adoption which has already attracted over 300 million users globally.

Profit Withdrawal and Deposit

The last thing traders want after the close shave of almost getting drowned due to market volatility is waiting forever to withdraw. Instant settlement cryptocurrency payment gateways like Onchainpay.io provide an excellent payment processing solution for instant deposits and withdrawals. With real-time secure payments on Onchainpay.io, users enjoy a better experience while the forex broker competes favorably among the available alternatives.

Smart Contracts

Smart contracts are self-executing codes on the blockchain designed to streamline user experience. They ensure secure transactions as they cannot be altered once deployed, and are transparently verifiable onchain. Recurring payment solutions on Onchainpay.io, for example, are powered by a series of secure smart contracts and can also be helpful in automated withdrawals for trader’s discipline and plan.

Conclusion

Cryptocurrency payments save time lower cost and offer competitive advantages to forex brokers. It enables instant settlement of cross-border transactions and enhances user experience with a range of options such as self-custody which gives users complete control over their assets. Onchainpay.io’s cryptocurrency payment gateway and merchant solution are designed to help brokers provide secure, flexible, and reliable crypto withdrawals and deposit options for their customers. Onchainpay is simple to integrate and works perfectly with almost all known payment setups. With customizability, segregated payments, and automatic settlements Onchainpay.io is the best thing since sliced bread for forex broker payment.

Washington, D.C. -- NAB Show Premiere will examine the future impact of edge technology on radio and television broadcasters during a session titled “Livin’ on the Edge: Advances in Computing and Networking to Drive Innovation in Broadcasting.” The session, which will air on Wednesday, April 21st at 3 p.m. ET and be available on-demand, will present a new study about opportunities created by wider adoption of edge technologies in the next three to four years.

Manufacturing

Room 30, Parliament Buildings

Hackmakers: Part 2: Jim Grisanzio talks with Jason Lowe about his experiences participating at the Hackmakers World Innovation Day​ Hackathon in April 2021. Jason spoke about the people, skills, and software technologies that Oracle contributed to the event and some of history and upcoming hackathons as well. Developers and non-developers alike came together to work on projects to help support the people in need around the world -- and in the process they learned valuable new skills they can use in their careers. The experience was a continuum of learning for everyone.

Oracle and other organizations sponsored the event in collaboration with UNESCO and UNEP. The areas of focus for the projects included health, education, and work -- all based on the larger list of United Nations world development goals. 

Jason Lowe, Master Cloud Specialist Engineer, Oracle, @jlowe000

Podcast Host: Jim Grisanzio, Oracle Developer Relations
https://twitter.com/jimgris
https://developer.oracle.com/team/ 

Inspiring Builders: Part 1: Jim Grisanzio and Chris Bensen from Oracle Developer Relations talk about how they engage developers via demos and experiences online and at conferences. This in depth conversation is part one of a two part series on inspiring developers to build real things. 

• Jim Grisanzio on Twitter @jimgris
• Chris Bensen on Twitter @chrisbensen
• YouTube: Chris Bensen: Inspiring Developers to Build Real Things
• Building of Super Pi
• Building the world’s largest Raspberry Pi cluster
• The Seven Step Process to Creating an Amazing Demo
• Starting a New Project — Pi Zero Custom Breadboard
• Episode 1 - Custom Breadboard for Pi Zero

Podcast Host: Jim Grisanzio, Oracle Developer Relations
https://twitter.com/jimgris
https://developer.oracle.com/team/ 

In this conversation Oracle's Jim Grisanzio talks with Oracle engineer Chris Bensen about the massive Raspberry Pi cluster he was showing at JavaOne & Oracle CloudWorld in Las Vegas. The cluster was connected to Oracle Cloud and ran a variety of technologies, such as Java, Linux, Database, and more.

Chris Bensen, Oracle Developer Relations
https://twitter.com/chrisbensen

Jim Grisanzio, Duke's Corner Podcast Host
https://twitter.com/jimgris

Podcast Video
https://youtu.be/gNkSQIJfxjw

Dev Java
https://dev.java/

Inside Java
https://inside.java/

A campaign highlighting the benefits of composting household waste, supported by the OSCE Mission to Montenegro, was launched on 1 July 2016 in Pljevlja, by the Montenegrin Sustainable Development and Tourism Ministry, the Municipality of Pljevlja and the Eco-Centre Dolphin NGO.

Some 40 participants - representatives of the Sustainable Development and Tourism Ministry; the municipal authorities of Berane, Bijelo Polje and Pljevlja; local public utility companies from Pljevlja and Kotor; and NGOs as well as citizens, attended the campaign launch.

“Composting household waste is just an element of broader waste management, one of the most current issues facing Montenegrin authorities in their efforts to bring the relevant policy, strategy and legislative frameworks in line with the international standards and requirements of the advancing integration processes,” said Programme Manager at the OSCE Mission Vladimir Ragozin.

President of the Municipality of Pljevlja Mirko Đačić said: “Our municipality is actively involved in enhancing the local environment, especially regarding air quality improvements.”

State Secretary at the Sustainable Development and Tourism Ministry Daliborka Pejović stated that the primary waste separation is unquestionable and the educational campaigns are crucial bearing in mind the State’s plan of 50-70% of waste to be primary separated d until 2020.

“The waste should be perceived as a resource that can be further used through development of recycling and composting industry,” said Director of Eco-Centre Dolphin NGO Ljilja Radunović. “It is recommended, under the EU Directive on Landfills, to consider the policy of the closure of landfills starting from 2020 because they proved to be unsustainable.” 

Related Stories

• OSCE Mission to Montenegro supports seminar on strengthening co-operation between prosecutors and police on forensic evidence
• OSCE Mission to Montenegro marks World Press Freedom Day: Public Service Broadcaster hosts televised debate on media freedoms
• OSCE Mission and OSCE/ODIHR support Montenegro’s parliament in drafting an action plan on gender sensitivity

"Those delinquents hot-wired a carnival ride the other night." Hulu has revealed an fun trailer for a holiday comedy called Nutcrackers, the newest comedy directed by David Gordon Green. He spent a long time making his Halloween trilogy, but it's good to see him back directing more lively & funny films like he used to (Pineapple Express, Your Highness, Prince Avalanche, Manglehorn). Nutcrackers premiered at TIFF a few months ago and is opening direct-to-streaming on Hulu at the end of November in time for the holiday season. DGG's Nutcrackers follows strait-laced and work obsessed Mike as he is suddenly thrust into being a caregiver for his rambunctious, orphaned nephews. In the most unlikely of places, 4 siblings find a loving shelter in an unexpected turn of circumstances. This endearing dramedy draws inspiration from actual events and deftly crafts a gripping story that unites everyone. Starring Ben Stiller, Linda Cardellini, Edi Patterson, Tim Heidecker, Toby Huss, Homer Janson, Ulysses Janson, Arlo Janson, and Atlas Janson. This looks kooky and funny, with a few amusing laughs, but it's a story we've seen so many times. Here's the official trailer (+ poster) for David Gordon Green's film Nutcrackers, direct from YouTube: Hotshot Chicago […]

Ivey went to the Bengals with pick No. 246.

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Es una vergüenza decir que "la inyección de dinero" que recibe la Tauromaquia "es menor (en comparación con otros sectores culturales) puesto que hablamos de un sector privado". Ni menor ni mayor, ni el sector es privado ni existe la "inyección". Pero el 21% de IVA sí. Como en el cine pero sin subvenciones. 

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Host Bob Leins, CPA® and cohost Ray Kirk, Ph.D., welcome Phil Gardner, Federal Benefits Specialist.

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