Forex Brokers Can't Afford Not to Get into Cryptocurrency Trading

At the upcoming Finance Magnates London Summit 2017, to be held at Old Billingsgate on November 15, a panel of experts will help online brokers make sense of the cryptocurrency wave washing over the industry. Leading up to the event we will be interviewing the panel members to get their personal takes on the matter.

Learn how to buy Bitcoin and Ethereum safely with our simple guide!

Today we talked with Carolina May, former FXStreet CEO and current NewsBTC Strategic Advisor. She discussed how cryptocurrency traders are different from forex traders, why brokers can't afford to wait until 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 become more stable to add them to their product lines, and what effects the underlying Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term technology could have on the business world and beyond.

Listen to the interview on SoundCloud or watch it on YouTube:

Sign up now to the London Summit 2017 to attend the blockchain in FX panel

The panel will be composed of five leaders from the cryptocurrency, financial trading and blockchain technology space:

• Richard Olsen, CEO of Lykke
• Yonni Assia, CEO of eToro
• Matthew Miller, COO of Shift Forex
• Rosario Ingargiola, CEO of OTCXN
• Carolina May, Strategic Advisor, NewsBTC

Last time we talked with Matthew Miller, COO of Shift Forex, about how to find liquidity providers, and which trading platforms are most suited for cryptocurrency trading. We also asked him if this is the trend that could push MT4 from dominance.