Mohsin Jameel, the ex-CEO of FX broker firm Tradenext and now the owner of Bull Infotech, is moving into cryptocurrency technology by developing tools to connect MT4 with crypto exchanges.
Mohsin’s consultancy Bull Infotech, a global provider of IT and process outsourcing services, has signed its first partnership agreement with Bitolives, a Crypto Currency firm based company in Spain.
Most FX brokers have or are looking to introduce crypto products to their platforms and by using Bull Infotech’s unique technology, clients will be able to trade directly on Bitsolives exchange on cross Crypto pairs as well as other exotic FX pair pegged with crypto using the world most tradable FX platform – MT4.
Bull Infotech has developed a unique Bridge which connects MT4 platform and Bitsolives Crypto exchange and a payment gateway for Crypto which will be used as an alternative payment option for traders.
Bitsolive offers Digital currency ‘BuxCoin’ to professional investors, businesses and individuals to use as an alternative currency like BITCOIN across Europe & Asia and according to Mohsin the deal with Bitolive is an important statement of intent since Tradenext ceased trading.
Announcing his new venture, Mohsin Jameel, said: “Having researched the market, I realised that few companies in Europe were developing tools to connect FX traders to crypto exchanges. And with the considerable experienced of the Forex sector, Bull Infotech is ideally placed to capitalise on the opportunity.
“We have considerable experience in managing and directing large scale IT applications in real time environment and this deal is a major breakthrough for the business. As well as integrating crypto products in partnership with Bitsolives we’ll be developing a wallet for Crypto as a payment channel for brokers around the world as well as risk tools and other plugins for MT4.”