Bitfair and Foregenix Figured Out How To Secure Payment Processes
Considering how important transparency is to crypto traders, Bitfair has announced a new partnership with a security company called Foregenix. Through a combined effort, the two will provide an even more transparent, safe, and profitable environment for the traders to enjoy.
A New Partnership For Bitfair
In the world of cryptocurrencies, transparency is one of the most highly-valued features that the crypto can have. This is why Bitfair is so attractive to a lot of traders. Their strategy to remain transparent is what ensures everyone that the trade manipulation will be completely eliminated, and that the traders will have to pay fees only when trades turn out to be profitable.
However, Bitfair still isn’t quite satisfied with its transparency standards, which is why it decided to go an extra mile, and enter a new partnership with Foregenix. The partnership was established back in May of this year, and it is expected to bring a lot of benefits to both parties.
Foregenix is quite an experienced firm when it comes to the PCI industry, and it displayed a lot of competence when it comes to securing processes and fending off cyber attacks. In time, the firm recognized the potential of the blockchain technology, and has decided to extend its services so that the blockchains can be included as well. By partnering with Bitfair, Foregenix will ensure that this platform’s traders will get the best possible deal when it comes to security.
How Can Foregenix Contribute To Bitfair’s Business?
Foregenix has worked a lot to create an experienced and capable team that will be able to cover all issues related to security engineering, cryptography, and alike. Because of that, it is quite uniquely positioned to help Bitfair with securing its processes.
Additionally, Foregenix has developed extremely effective solutions for the blockchain technology. Their current security service even promises zero days vulnerabilities to Bitfair’s users. Not only that, but by adding the security to its ecosystem, Bitfair will actually be able to reach an even higher level of transparency, and reach its full potential.
Through the use of top security protocols, not only will Bitfair increase its transparency, but will also be ready, willing, and able to accept even more traders. Its reputation already allowed it to win the trust and confidence of many crypto traders, and ensuring an even better manipulation-free environment will definitely allow it to attract additional customers.
Each of the platform’s trades is P2P, and everything is clearly and openly recorded on the blockchain, and converted into a Smart Option Contract.
As the price of the traded coins changes, every trader on the platform has the ability and potential to make a profit, with both the profit and the potential loss being predetermined. Additionally, the traders can enter many of the shorter trades in order to earn while using their currency of choice, and exploit its changes in value.
Generally speaking, Bitfair is simply opening a lot of doors for its traders, and by partnering up with Foregenix, all of those doors are ensured to lead to a safe place, and a productive environment.