VirgoCX, a Canadian blockchain FinTech company, has gone live with its high-performance trading platform for both retail and institutional traders. Professional traders, investors of various types, crypto enthusiasts, and beginners can all safely and securely buy, sell and trade Bitcoin, Ethereum and other popular digital currencies when using VirgoCX’s trading platform.
On April 23, 2019, the company launched its over-the-counter (OTC) trading desk, which processed multi-million dollar volumes in the first two months of operation. More recently, the VirgoCX team soft launched the retail platform last week and has already successfully attracted a couple of hundred registered users. Positive feedback from early users points to VirgoCX’s straightforward onboarding process; 1. register, 2. verify, 3. fund and 4. trade.
“The recent launch of our retail platform is another step towards becoming the most trusted and reliable cryptocurrency platform in Canada. As a FINTRAC-registered MSB, retail and institutional clients can legally exchange fiat currency and cryptocurrency directly on our platform. We have strong internal compliance controls and working relationships with banks and global payment suppliers,” shares Steven Bie, VirgoCX’s Chief Compliance Officer.
The retail platform is live for trading BTC, ETH, and USDT against CAD, and VirgoCX plans to offer a wide selection of stable-coins through its stable-coin trading center in the coming months. The minimum OTC transaction size is $30K CAD, and the minimum retail trade is as low as $100 CAD.
“Our goal is to become the go-to cryptocurrency trading centre and first major stable-coin trading platform in North America. As of today, we have the lowest trading fees in the country, superb liquidity, user-friendly interface, and reliable payment partnerships. Plus, we continue to monitor the market, add trading tools and develop various features to adapt to user demands. The best way to understand our value is to try our platform,” adds Adam Cai, VirgoCX’s Chief Executive Officer.
VirgoCX is a Canadian-based fiat-to-crypto trading platform powered by proven global cryptocurrency trading technology. As a FINTRAC-registered MSB, retail and institutional clients can legally exchange fiat currency and cryptocurrency. By offering a best-in-class trading experience, retail and institutional investors can rely on competitive pricing, liquidity, and institutional grade-custodianship. VirgoCX’s long-term goal is to become the world’s leading cryptocurrency and global stable-coin trading centre. For non-Canadian residents, VirgoCX plans to launch their US platform in Q4-2019.
For more information, visit https://virgocx.ca
1324 Lexington Ave.
New York, NY 10128
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)
CryptoCurrencyNewsWire is where News, content and information converge via Crypto.
For more information, please visit https://www.CryptoCurrencyWire.com
This article contains Third-Party Content submitted by third parties, including articles submitted through the CCW Premium Partnership Program. All opinions, statements and representations expressed by such third parties are theirs alone and do not express or represent the views and opinions of CCW or its affiliates and owners. Content created by third parties is the sole responsibility of such third parties, and CCW does not endorse, guarantee or make representations concerning the accuracy and completeness of all third-party content. You acknowledge that by CCW providing you with this internet portal that makes accessible to you the ability to view third-party content through the CCW site, CCW does not undertake any obligation to you as a reader of such content or assume any liability relating to such third-party content. CCW expressly disclaims liability relating to such third-party content. CCW and its members, affiliates, successors, assigns, officers, directors, and partners assume no responsibility or liability that may arise from the third-party content, including, but not limited to, responsibility or liability for claims for defamation, libel, slander, infringement, invasion of privacy and publicity rights, fraud, or misrepresentation, or an private right of action under the federal securities laws of the United States or common law. Notwithstanding the foregoing, CCW reserves the right to remove third-party content at any time in its sole discretion.