Vogogo Places Trust In Two New Exchanges
Signed contracts have been released today declaring a partnership between payment processing specialist Vogogo Inc. (TSX VENTURE:VGO) and Bitcoin exchanges QuadrigaCX and BitMEX.
From Canada to Hong Kong
QuadrigaCX is the leading Canadian Bitcoin exchange. Trading in Bitcoin and Litecoin, Vancouver rooted QuadrigaCX offers a sophisticated trading platform as well as an online/offline merchant program.
Quadriga is particularly notable for their speed to market. On December 23, 2013, registered under 0984750 BC LTD, they became the first Bitcoin exchange in North America to obtain a Money Services Business (MSB) licensefrom FinTRAC, beating their competitor caVirtex who registered in 2014. Back in May of this year, Quadriga CX also became the first Bitcoin exchange in Canada to start buying and selling in gold (XAU) alongside Canadian and US dollars.
Hong Kong-based BitMEX is the only centrally cleared Bitcoin derivatives exchange. BitMEX offers commercial hedgers, Bitcoin miners, and professional investors and traders the ability to exchange Bitcoin risk and aims to increase the stability of the overall market of digital currencies. BitMEX went live 15 days ago, uses multisig for all of their addresses has recently received face time with the TEDxHong Kong audience after advancing in a startup competition.
This post was published at Coin Telegraph on 2014-12-11.