Leading Bitcoin exchange Kraken has entered the Canadian market with a strategic alliance with risk-management & payment processor Vogogo Inc. According to a MarketWatch report, Vogogo has launched its proprietary compliance, risk management and payment processing platform with the Bitcoin exchange. The partnership is a key breakthrough for both the companies. The cryptocurrency startup Vogogo will provide Kraken with risk management, security, compliance and payment processing services to allow Kraken's Canadian users easily convert Canadian dollars into Bitcoin and other cryptocurrencies....
Kraken has officially launched in Canada following a partnership with digital currency industry-focused risk management specialist Vogogo. The San Francisco-based bitcoin exchange now allows users in Canada to convert Canadian dollars into digital currencies using Interac e-Transfer and electronic fund transfers (EFT). Trading fees are then priced between 0.10% and 0.35%, with more active traders receiving more attractive rates. In statements, Kraken CEO Jesse Powell indicated that the company saw significant potential in the Canadian market. The exchange has been one of the most active US....
Customers in Canada will be now able to deposit Canadian dollars into their Bitstamp accounts following the bitcoin exchange's partnership with payment processor Vogogo. According to a company post, funds deposited via eCheck will take up to 5 days to clear into customers' Bitstamp accounts. Deposits, subject to a 1% transaction fee, are subject to a minimum of $1 and a maximum of $250. Previously, Canada-based customers were only able to deposit funds via international wire transfers, subject to a 0.05% transaction fee. The announcement follows San Francisco-based bitcoin exchange....
On August 26, 2015, we got word of Vogogo Inc's (VGO. V) second-quarter financials. As part of the report, and in addition to its financials, the company announced a number of operational highlights. Here's a snapshot of what we learnt. First, for those not familiar with Vogogo, let's have a quick look at what the company does. Vogogo primarily offers payment processing services and risk management tools in the digital payment space. The company aims to be the dominant payment services provider in the crypto currency space going forward. Clients include BitPay, ChangeTip and Genesis Global....
On September 8, 2015, we learned that one of our leading partners - Vogogo Inc - had launched its proprietary compliance, risk management and payment processing platform with Bitcoin exchange Celery. The announcement marks Celery as juts one in a long line of high profile digital currency clients for Vogogo, which already includes crypto incumbents such as Bitstamp, Coinbase and Kraken. What is Celery? Celery is a brand new bitcoin exchange, launched in July this year, that aims to offer an intuitive platform through which crypto users can buy and sell bitcoin. The company has focused on....
Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up.
Satoshi Nakamoto, Bitcoin Developer
