UTIP Technologies Partners with BitHide: How a Leading Forex Broker Software Provider Enhanced Its Product

Since 2006, UTIP Technologies has been a leading provider of software solutions for Forex and CFD brokers. Over the years, the company has developed a comprehensive suite of products, including a trading platform, CRM system, trader’s personal account, and MarketCheese analytics services with an economic calendar and much more.

UTIP’s solutions are tailored to meet the core needs and challenges of brokers. However, until recently, UTIP clients had to handle cryptocurrency payment processing on their own.

To enhance its offering and provide even greater value to its clients, UTIP has now integrated its trading platform with BitHide, a business-focused crypto wallet. This means that a Forex brokers payment gateway, capable of handling crypto transactions, is now built directly into the UTIP interface.

BitHide in the UTIP Trading Platform: New Opportunities for Forex Brokers

UTIP clients no longer need to worry about managing crypto payments on their websites. Thanks to BitHide’s seamless integration with UTIP, brokers now have access to a host of benefits:

Automatic Crypto Address Generation

When a trader selects cryptocurrency as their deposit method, BitHide automatically generates a unique address. The trader sees it instantly, transfers funds, and once received, BitHide notifies the trading platform, after the client’s account balance is update.

Instant Transaction Processing

BitHide processes transactions in real-time. However, the final speed depends on the blockchain chosen by the client and its current network congestion.

Broker controls all cryptocurrency flows

BitHide is a non-custodial crypto wallet, meaning that all client assets remain in their possession rather than being stored by a crypto payment service. No third parties have access to a BitHide client’s cryptocurrency.

Enhanced Client Privacy

Cryptocurrencies are not fully anonymous. To confirm a transaction, the initiating crypto wallet connects to a public node (another computer linked to the blockchain) and shares its IP address. Unfortunately, this node could be controlled by hackers or fraudsters, making it risky to expose the wallet’s IP address.

To protect client privacy, BitHide employs a unique technology that changes the wallet’s IP address three times before it reaches the node, making it virtually impossible to trace the original IP address.

Encrypted Transaction History

When a client’s account is set up, a unique 512-bit key is generated to encrypt their transaction history. This key is also used to access the crypto wallet. At present, no existing technology in the world is capable of breaking this encryption.

Easy Management of Funds Across Multiple Business Brands

For businesses operating multiple brands, BitHide allows the creation of unlimited sub-wallets, ensuring a clear separation of financial flows.

Risk-Based Wallet Structuring

BitHide can assess the risk level of incoming funds before they arrive, enabling brokers to pre-define which sub-wallet should receive the transaction.

Dedicated Support Team

Clients can get instant assistance via Telegram, where a personal account manager is available to help with any issues with crypto wallet.

Bulk Payments Made Simple

With BitHide, businesses can easily process bulk payments. Simply upload a pre-prepared spreadsheet with recipient addresses and amounts, and the system handles the rest—saving up to 7-8 times the effort compared to manual processing. We’ve provided more details in this case study.

Automated Withdrawals

Sub-wallets can be configured for automatic withdrawals, either one-off or recurring. The system triggers payouts when the balance exceeds a set limit.

Multi-User Access with Role-Based Permissions

BitHide allows businesses to grant access to multiple employees, assigning specific roles and permissions to ensure controlled management of crypto assets.

Comprehensive Balance Reports

Generate detailed balance and transaction reports in just a few clicks, with exchange rates fixed at the moment of funds receipt.

Conclusion

If you're searching for a trading platform or other software solutions built specifically for Forex and CFD brokers, visit UTIP’s website today.

To learn more about BitHide’s crypto wallet for businesses, head over to our main page.