QuadrigaCX Canada’s Best Bitcoin Exchange

QuadrigaCX LogoIn Canada, QuadrigaCX is the leading and most respected exchange in the country.  They operate just like a stock exchange but facilitate “buy” and “sell” orders for bitcoin trades and merchant transactions – trading with other crypto-currencies likely to be added in the coming future.

Since QuadrigaCX is the most trusted and has the highest trading volume, it’s truly the best place for both newbies and seasoned investors to start.  Additionally, they are also one of the only bitcoin exchanges in the world to offer you quick and easy withdrawals with an Interac e-Transfer.

You can get started with a FREE QuadrigaCX account today, simply click the branding logo below.

QuadrigaCX Bitcoin Exchange

QuadrigaCX Instant Funding

Vogogo & QuadrigaCX Press Release

Vogogo Bitcoin ProcessorPayment Processing specialist Vogogo Inc. (TSX VENTURE:VGO) today announced signed contracts with Bitcoin exchanges QuadrigaCX and BitMEX.

Vancouver-based QuadrigaCX is the leading Canadian Bitcoin exchange, offering a highly sophisticated trading platform as well as an online/offline merchant program. The majority of ATMs in Canada trade on QuadrigaCX and it was the first Bitcoin exchange in North America to obtain a Money Services Business (MSB) license.

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.

It is expected that both exchanges will integrate with Vogogo’s payment processing and risk management platform enabling each to offer users of their respective platforms seamless transactions between Bitcoin and fiat currencies in the US and Canada, with the EU expected in Q1, 2015.

Vogogo will continue to test and scale its payment processing and risk management platform through the remainder of Q4, 2014 and anticipates reaching commercial trading volumes in Q1, 2015.

Vogogo CEO Geoff Gordon said of the announcement, “Integrating cutting edge Crypto exchanges such as QuadrigaCX and BitMEX is another significant step in our established growth strategy. It is also another validation of the value new and innovative Crypto exchanges are placing in the Vogogo platform to help them access and transact seamlessly with traditional banking networks.”

“I look forward to working with Vogogo and integrating their innovative payment solutions with the QuadrigaCX Bitcoin trading platform,” said Gerald Cotten, Founder & CEO of QuadrigaCX. “With Vogogo’s experience in processing payments for the cryptocurrency industry, I’m confident that their services will simplify and expedite the funding and withdrawal process for our clients.”

BitMEX Co-founder and CEO, Arthur Hayes said, “Partnering with Vogogo will allow BitMEX to offer fiat margined contracts, and expand the sophistication and breadth of our product offerings.”

Vogogo is a TSX Venture Exchange (“TSXV”) publicly traded payment services company with integrated risk management and compliance. Founded in 2008, Vogogo designed, built and launched its web-based payment processing technology while growing its expertise in software development, payments, risk management, compliance and related financial services. Vogogo is now executing on its plan to serve global markets. The plan focuses on market opportunities where Vogogo believes it has a competitive advantage due to its positioning and technology.

For further company information please view the Vogogo Media Kit.

About QuadrigaCX:

With offices in Vancouver, BC, QuadrigaCX is the leading Canadian Bitcoin exchange, often No. 1 by volume on BitcoinAverage.com. Quadriga offers the most sophisticated trading platform in Canada, an online/offline merchant program, and has placed numerous Bitcoin ATMs around Canada. The vast majority of ATMs in Canada trade on QuadrigaCX. QuadrigaCX was the first Bitcoin exchange in North America to obtain an MSB license. QuadrigaCX is also the only exchange in Canada to offer a gold/Bitcoin (XAU/XBT) order book.

QuadrigaCX Certified Bitcoin Professionals

logochangedTo ensure the highest level of customer service for QuadrigaCX customers, all QuadrigaCX employees have earned a “Bitcoin Certified Professional” certificate and license number issued by the Crypto Currency Certification Consortium. They are the first Bitcoin exchange in Canada to embrace the high standards that have been put in place by C4 and look forward to other cryptocurrency companies following suit.  To learn more about C4 or QuadrigaCX, follow these links:  QuadrigaCX Bitcoin Exchange

Crypto Currency Certification Consortium

What is Bitcoin?

What is Bitcoin?What is Bitcoin?  – A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they’ll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

Read the entire bitcoin whitepaper here: https://bitcoin.org/bitcoin.pdf

CaVirtex ATM Locations

CaVirtex ATM LocationsCaVirtex is excited to announce that their Bitcoin ATMs (BTM’s) are up and running.  It was with great pride that CaVirtex placed the ATMs in prime locations throughout the Greater Toronto Area, Ottawa, and Niagara Falls. You can buy Bitcoin instantly in person with Canadian cash. All you need is a cell phone that can accept text messages. All CaVirtex Bitcoin ATM’s are connected to their exchange so you can be sure you are getting the best execution from Canada’s largest and most liquid Bitcoin exchange. CaVirtex Bitcoin ATM’s are located in prime locations for your convenience. Below are the locations of their Bitcoin ATM’s, including the Ottawa location:

•       Bayshore Shopping Centre (100 Bayshore Dr., Nepean)
•       Scarborough Town Centre (300 Borough Drive, Scarborough)
•       Yonge and St. Clair (2 St Clair Ave. W., Toronto)
•       Greyhound Bus Terminal (610 Bay St., Toronto)
•       Brookfield Place (181 Bay St., Toronto)
•       Square One (100 City Centre Drive, Mississauga)
•       Yorkdale Shopping Centre (3401 Dufferin Street, Toronto)
•       Casino Niagara (5705 Falls Avenue, Niagara Falls)

Start now by creating your FREE CaVirtex account and online wallet to deposit your bitcoins.  Sign up here: CaVirtex Account & Bitcoin Wallet

CaVirtex Accepts INTERAC Online

Cavirtex Interac OnlineCaVirtex, Canadian Bitcoin Exchange just recently added INTERAC Online as a deposit method. Therefore if you have a TD, Scotia, BMO or RBC bank card that is non-VISA Debit you are able to use INTERAC Online as a payment option to fund your account.  How it works is that you be will sent to a payment gateway and simply select  the amount and the bank in which you would like to withdraw your funds from.  You will then be sent to your bank’s site where you will login and see the transaction processed along with the funds debited from your account.  It’s that easy.  Props to CaVirtex for adding INTERAC Online to their wheelhouse of payment options.  To create your FREE account with CaVirtex sign up here: CaVirtex Account

RushWallet by Kryptokit

RushWallet by Kryptokit The team behind the popular Kryptokit wallet and encrypted messaging extension for Chrome browsers now has a new offering called RushWallet, allowing near-instant bitcoin wallet creation from any device or platform.

The philosophy behind RushWallet is “ease of use and removing friction”; effectively, bitcoin should be as quick and accessible as reaching into your pocket for some cash. There shouldn’t be any need to remember login and password credentials every time you need to spend some money, and you should keep full control over your private keys.

Read more here:  http://www.coindesk.com/rushwallet-delivers-fast-frictionless-login-free-bitcoin-wallets/

Bitcoin Meet-Ups in Canada

Bitcoin MeetupsToronto : http://www.meetup.com/Bitcoin-Toronto/ 

Niagara Falls: http://www.meetup.com/Niagara-Bitcoin-Meetup/ 

Ottawa : http://www.meetup.com/Ottawa-Bitcoin-Meetup/ 

Vancouver: http://www.meetup.com/bitcoinvan/ 

Montreal: http://www.meetup.com/Bitcoin-Embassy/ 

Saskatoon: http://www.meetup.com/Saskatoon-Bitcoin-Meetup/

Winnipeg: http://www.meetup.com/Bitcoin-Winnipeg/ 

Calgary : http://www.meetup.com/Bitcoin-Calgary/

Halifax: http://www.meetup.com/Halifax-Bitcoin-Community/

Edmonton: http://www.meetup.com/BEMU-Bitcoin-Edmonton-Meet-Up/ member: 

Fancy.com Accepts Bitcoin

Fancy Accepts BitcoinFancy.com accepts Bitcoin as payment. It’s a social photo sharing webstore and mobile app with cool modern and hipsterish gadgets, clothing, accessories and many other categories of products . The New York-based e-commerce site allows users to engage in socially oriented shopping through picture feeds and sharing. Users can purchase products that they see directly from the Fancy.com website, which acts as an intermediary between the consumer and the retailer. Paying with Bitcoin is simple. Visit the site here: www.Fancy.com

FINTRAC Confirms BTC Rules not in Force

fintrac-logoAs expected, FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) has confirmed that changes to the Proceeds of Crime and Terrorism Financing Act included in Bill C-31 will not cover individuals or businesses that use virtual currencies for buying and selling goods and services.

The statement also specifies that “the changes will come into force once regulations are published in the Canada Gazette, meaning that they are not yet in force.

Through informal discussions with various regulators, the Bitcoin Foundation Canada has received information that the regulations which still need to be drafted would most likely not be published before 2015. These clarifications come two weeks after the Bitcoin Foundation Canada’s Bitcoin Legal and Regulatory Update and a few days after the BFC published a report entitled “Bitcoin and the law”.

Once published, the regulations should clarify exactly which types of business models would be covered by the changes. The recent FINTRAC comments confirm that virtual currency exchanges will be covered by the existing rules of Canada’s anti-money laundering and anti-terrorist financing regime.

The statement doesn’t mention any other Bitcoin-specific business models being affected by the changes of Bill C-31. However, according to Jillian Friedman, “depending on the business model and the scope of pending regulatory amendments, a Bitcoin ATM operation may be considered a money service business.”

Moreover, discussions with various government representatives have led us to conclude that no sweeping new laws or regulatory regimes such as Ben Lawsky’s “BitLicenses” are being considered in Canada at this time. This reinforces our belief that Canada could assert itself a major international Bitcoin hub.

These clarifications stand in contrast to a 2013 Ministry of Finance memo highlighting Bitcoin’s risks recently released to the media and should be interpreted by the Bitcoin community as a reasonable attempt by the government to mitigate risks of money laundering.

Clearly, the opinions and attitudes of Canadian authorities are evolving as their knowledge of Bitcoin increases, thanks to the efforts of Bitcoin advocates all across Canada.

Link to article on BitcoinFoundation.ca: http://btcfoundation.ca/canadas-financial-regulator-fintrac-confirms-new-bitcoin-rules-not-yet-in-force-and-wont-cover-individuals-and-businesses-that-use-bitcoin-for-sales-and-purchases/

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