In a first of its kind venture, Mohsin Jameel, CEO of London-based IT consultancy, Bull Infotech and former CEO of TradeNext has designed a crypto currency exchange by the name of CashFinex.
Bull Infotech is a comprehensive provider of software products and IT services, and the group’s suite of developing tools have also been instrumental in linking MT4 with Cryptocurrency exchanges for the first time.
Crypto Currencies are the Hottest Commodity Right Now
Unless you have been living off the grid for the last few years, you would be aware of the immense popularity of cryptocurrencies. From being an obscure term discussed in online forums by a handful of users, cryptocurrencies have gone mainstream in the last few years.
Following the exponential success of the Bitcoin, the world’s first digital currency, hundreds of other similar altcoins like Ethereum, Ripple, Dash, and Monero have been introduced in the market. According to CoinMarketCap.com, a popular portal for cryptocurrency prices, market trends and insights, there are over 1700 digital currencies in the world.
The soaring popularity of cryptocurrencies have caused Forex brokerages to change their stand on these new-age assets. In fact, several leading FX brokerages have already included digital currencies as part of their offerings.
Bull Infotech Seeks to Bridge the Gap
However, until now, cryptos and FX brokerages have operated into different spheres. Bull Infotech, with its years of experience in both Forex and cryptos, aims to connect FX traders with crypto exchanges.
Bull Infotech, the London based IT consultancy firm has an excellent track record for offering a wide range of software products and services to clients across industries, especially those from the world of finance. The group’s leader, Mohsin Jameel is a veteran in the industry and one of the earliest adopters of cryptos.
He has been instrumental in linking the MT4 trading platform with CashFinex, a popular crypto exchange platform. According to this latest agreement, Buxcoins, an emerging altcoin will gain access to the MT4. It will support crypto pairs as well as other FX pairs. The CashFinex platform will make it easy for Forex traders to invest in cryptocurrencies and FX using fiat currencies.
What’s in the Plan?
A key part of this integration would include a newly developed bridge platform from Bull Infotech. This platform will include a payment gateway that will help professional traders and amateurs get into the game easily.
Bull Infotech is also involved in building a dedicated crypto wallet for holding Buxcoins, the digital currency from Bitsolives.
Speaking on the occasion, Mohsin Jameel, the man behind the partnership stated that the demand for a comprehensive trading platform for Forex traders to trade with cryptos inspired him to initiate the project. He also stated that the vast experience of Bull Infotech in Forex placed them in an advantageous position to build the tool. Apart from the crypto wallet and the integrated trading platform, Bull Infotech is also looking to build other products like advanced plugins for MT4 and risk tools.
Bull Infotech has considerable experience working in client projects of all sizes across verticals and has won several prestigious awards and accolades in the UK and on the international stage.