Virtual VISA Withdrawal

QuadrigaCX ATMsQuadrigaCX Bitcoin Exchange now lets you withdraw your cash to a virtual VISA card that can be used at pretty much any online merchant that accepts VISA as a payment method.  Virtual VISA card withdrawals are issued in $25, $35, $50, $75, $100 and $200 denominations and you can withdraw as many as your balance permits.

This is a great option for those that:

 

1. Want to spend their earnings from bitcoin online but want to remain anonymous – as you don’t need to be verified with QuadrigaCX bitcoin exchange to withdraw Canadian or U.S. dollars.

2. Need to have credit card on file with a particular service but don’t want to use their own.

3. Want to test a product online but avoid re-billing

4. Would like to link it to a PayPal account

If there are some other benefits we have missed feel free to comment below and we’ll add them.

Satoshi Dice Bitcoin Gambling

sato-300x300Satoshi Dice – Known for it’s ease of use and provably fair model with house edge of only 1.90%, SatoshiDice has become the most popular bitcoin gambling site within its industry.

To play Satoshi Dice, first deposit bitcoin by sending it to Your Personal Deposit Address. You need to wait until the transaction gets 1 confirmation before the balance becomes available to place your bet.

  1. Set the Bet Amount.
  2. Adjust the Profit on Win, Roll Under to Win, Win Chance, Payout or the bet slider. The remaining bet parameters will automatically updated and you will see which number you have to roll under in order to win.
  3. Click Roll Dice, and a number between 0 and 65535 will be rolled.

If you lost, the bet amount will be taken from your balance. If you win, the Profit on Win will be awarded to your balance.  You can win up to 64,000 times your bet if there is enough bitcoin in the sites bank roll to support your bet.  The house will allow a maximum of 1% of it’s bank roll to be waged per bet/roll.  The max goes up or down periodically based on the win or loss history.

Satoshi Dice is the best Bitcoin game in existence. Follow the branding logo below to test your luck today!

SatoshiDice_468x60

 

Bitcoin Price in Canada

Bitcoin Price CanadaYou have several resources at your disposable to check the price of bitcoin in Canadian dollars.  You can try looking on the individual Canadian dollar bitcoin exchanges like QuadrigaCX, CaVirtex, Taurus, CoinTrader and Morrex for the bid, ask and last price bitcoin was traded for on their orderbooks or if you want a total average value of bitcoin you can visit CBIX.ca, BitcoinAverage.com or even Preev.com.

CBIX.ca provides the average price of bitcoin across QuadrigaCX, CaVirtex, Taurus and CoinTrader bitcoin exchanges, plus some excellent features and tools — BitcoinAverage.com only gives you an average of QuadrigaCX, CoinTrader and LocalBitcoins.

Preev.com takes the average of several U.S. dollar bitcoin exchanges along with the USD to CAD exchange rate to give you an approximate price of bitcoin in Canadian Dollars.

Here are the links to each:

QuadrigaCX.com

CaVirtex.com

TaurusExchange.com

CoinTrader.net

Morrex.com

CBIX.ca

BitcoinAverage.com

Preev.com

 

Buy Bitcoin with e-Transfer and PayPal

Buy Bitcoins with e-Transfer and PayPalFor those of you that prefer to buy bitcoin directly from another person, you should try LocalBitcoins.com. They are a global marketplace that allow you to buy from sellers, locally, with a variety of payment methods that include cash in person, Interac e-Transfers, Western Union, PayPal Pre-Paid Disposable Credit Card and many others, all on LocalBitcoins.com.

To protect you against fraud and provide peace-of-mind when conducting an online transaction, LocalBitcoins.com uses escrow to take the bitcoins you have reserved from the seller’s account and hold on to them until the seller releases. If you have in fact paid and the seller does not release for some reason, you can file a dispute and LocalBitcoins will resolve it for you. So hang on to your receipt!

LocalBitcoins.com is the best service to use for those who want bitcoins almost instantly.

CaVirtex Reopens

CaVirtex Bitcoin ExchangeCanadian bitcoin exchange Cavirtex has resumed trading following its acquisition by New York platform Coinsetter.

The news comes after Cavirtex announced it was planning to shut down operations in March following a breach that compromised security information including password hashes the previous month.

Jaron Lukasiewicz, now CEO of both Coinsetter andCavirtex, said measures had been taken to remove the possibility of an event like this happening again.

Read more here: http://www.coindesk.com/canadian-bitcoin-exchange-cavirtex-reopens-following-coinsetter-acquisition/

Morrex Bitcoin Exchange Canada

Morrex Bitcoin ExchangeMorrex – Founded in October 2013, MORREX INC is Quebec’s first digital currency exchanger. MORREX INC is the only exchange to offer full billingual customer service. Its 2-factor authentication requires that members enter their passwords and personal identification number for a safe, user-friendly trading experience. Highly reliable and stable, the MORREX trading platform trading fees are currently 1 %.

The exchange accepts Bitcoin, Litecoin, Feathercoin, Wire Transfer, Interac Online, Cash, Pre-Authorized Debit, Electronic Funds Transfer, Bill Payment, Interac Email Money Transfer.

Customer deposits are stored in Canadian banks and digital currency balances are stored in multiple signature wallets. Morrex in has a money transmitting license from both FINTRAC and the Autorité des Marchés Financiers du Québec.

Taurus Bitcoin Exchange Canada

Taurus Bitcoin Exchange Logo

Taurus is a Canadian bitcoin exchange based in Vancouver, BC. Yuri Yerofeyev, founder and CEO, is known in the Vancouver cryptocurrency community as one of the first and most trusted local traders, a bitcoin ATM operator and a director of The Bitcoin Co-op, a non-profit organization dedicated to promoting Bitcoin in the masses. The company behind the exchange was founded in the summer of 2014 with Taurus launching in beta in February, 2015.

The platform’s methods of payment include Bitcoin, Wire Transfer, Interac Online and Cash In-Person for deposits and Bitcoin and Wire Transfer for Withdrawals. A recent partnership with Vogogo brings another convenient option both for deposits and withdrawals. Customers enjoy a flexible trading fee structure starting with 0.5% and going down to 0% for high-volume traders. The majority of customer funds are stored securely in a multi-signature wallet for ultimate protection. Taurus holds a valid money services business (MSB) license issued by FINTRAC and is fully compliant with all the applicable laws and regulations.  Click here to join FREE: Taurus

QuadrigaCX Going Public

QuadrigaCX LogoQuadrigaCX, Canada’s largest bitcoin exchange, is poised to become the world’s first publicly traded bitcoin exchange. It is set to trade under the public company name of “Quadriga Fintech Solutions” and its listing has been submitted and approved. Public trading is expected to commence with the Canadian Securities Exchange (CSE/CNSX) ticker symbol “XBT” by early April.

Last month, the company completed its financing and raised nearly $850,000 CAD — more than double their original pre-listing goal of $380,000. Four of Vancouver’s top brokerage houses, Haywood Securities, Jordan Capital Markets, PI Financial and Wolverton Securities, were involved in financing the deal.

Since the company will have to undergo a full financial audit, QuadrigaCX also is hoping to earn the title of the world’s most-trusted bitcoin exchange.

“We’re excited to be able to provide an unparalleled level of transparency by merging legacy financial audits with innovative blockchain technology,” said Gerald Cotten, CEO of Quadriga Fintech and co-founder of QuadrigaCX.

What does all this mean to the average Bitcoin investor?

“Many people purchase bitcoins in an effort to invest in the blockchain technology,” said Michael Patryn, co-founder of QuadrigaCX and now adviser for Quadriga Fintech Solutions. “The value of a bitcoin, however, is not tied to the value of the infrastructure of the blockchain.”

He went on to point out that while the value of a bitcoin dropped dramatically over the last year, $314.7 million USD in venture capital was being invested in the Bitcoin space.

With the advent of Quadriga Fintech’s digital currency exchange, investors can purchase shares of its stock on the free market. Quadriga Fintech, in turn, supports the Bitcoin infrastructure.

“People investing in Quadriga Fintech Solutions are investing in our trading platform, merchant processing system, and remittance platform. They are investing in a team which has demonstrated growth, dedication, and the expertise to excel while others have collapsed,” said Patryn.

In the early months of 2015, Canadian exchanges CAVIRTEX and Vault of Satoshi both announced that they would be closing down. Since then, QuadrigaCX has enjoyed a surge in new clients and activity, coinciding with a recent marketing push into international markets.

Patryn said that Quadriga Fintech plans on dual listing in Frankfurt, Germany, at some point in April. It will not, however, be trading in the United States, nor will it accept American investors at this time. The company is adopting a wait-and-see attitude for the moment until there is further regulation clarity south of the border.

 

CaVirtex Closing Down

CAVirtex Square LogoOn February 15, 2015, CaVirtex found reason to believe that an older version of thier database that included 2FA secrets, hashed passwords and API keys, may have been compromised. This database did not include identification documents and all customer funds are safe.

CAVIRTEX has determined to cease active operations in the Bitcoin business and to return all customer funds. They are doing this because the security and the safety of customer funds are paramount to thier mission and to the success of Bitcoin in general. They believe that the damage to the company’s reputation caused by the potential compromise will significantly harm their ability to continue to operate successfully. All trading on the platform will cease on March 20th. They are asking all customers to please withdraw their funds by March 25th, 2015.

They are asking all clients to do the following:

1) Clear any CAVIRTEX browser cookies.
2) Log into your account and change your password.
3) Go to Settings -> User Preferences and set your BTC and LTC return address at the bottom of the page.

Bitcoin and Litecoin withdrawals were re-enabled late last week for those who had entered new return addresses, but they are reviewing accounts for suspicious activity and approving accounts for withdrawals on a case by case basis. For expedited service, please email [email protected]cavirtex.com. Processing accounts may take time.

CAD withdrawals are also available, but there is a queue for direct deposit exceeding thier payment processor’s daily limit. Expect CAD withdrawals to take at least 6 business days.

CAVIRTEX continues to believe, as we have over the last three and a half years of operation, that cryptocurrency is here to stay. They appreciate all the support from our amazing customers who have been on this journey with them.

Coinkite Removes Limits on Multisig Bitcoin Wallets

Coinkite Bitcoin WalletCoinkite is now offering its starter membership free of charge, a move that finds the bitcoin technology startup removing the 1% withdrawal fee formerly associated with the service.

The offer makes a number of Coinkite services available up to certain limits. With a starter account, users can create multi-signature wallets, watch-only accounts and send bitcoin by SMS, email and voucher, among other services.

Read more here on CoinDesk: http://www.coindesk.com/coinkite-removes-limits-multisig-bitcoin-wallets-service-fee-shakeup/