Virtex Shuts Down Unexpectedly, Customers Lose Funds
The Virtex bitcoin exchange has recently put its trading API offline without warning, and has left many customers without access to the funds they had in their trading accounts. One customer contacted Bitconist.net saying that he had $10,000 USD in a Virtex trading account that he could not withdraw when the exchange unexpectedly shut down. In addition to the offline API, the Virtex website is no longer available. When trying to visit the website, we were greeted with a “connection failed” message. According the customer, “ It is like [Virtex] disappeared and [the exchange] never had such....
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No longer is bitcoin the only currency available for trading on Canada's VirtEx (Virtual Exchange). The company announced on Wednesday that they've launched support for litecoin trading effective immediately. Customers using VirtEx are able to exchange litecoins to and from the Canadian dollar, and also to and from bitcoin. "We are very excited to be the first exchange to allow traders to buy Litecoin with Canadian dollars," the CEO of VirtEx Joseph David said. "This is a milestone in the history of cryptocurrency in Canada." VirtEx says they included the option to trade litecoin as a....
Canadians can now trade Litecoin at VirtEx. Here's some awesome news for Canadians. VirtEx, Canada's first and largest Bitcoin exchange just started accepting Litecoin for LTC/CAD (Canadian dollars) and BTC/LTC trading. Our site will be going down at 9:30am(MST) for approximately 2 hours to upgrade and launch LTC/CAD and BTC/LTC trading!!! - CaVirtex (@cavirtex) February 19, 2014. While VirtEx is a relatively small exchange when compared to the likes of Mt. Gox and Bitstamp, it's the most widely-used exchange in Canada and has generally positive reviews. "I'm Canadian and a big fan of....
Canadian bitcoin exchange VirtEx has been down for several hours now - an issue the company says relates to some data center connectivity issues. The company says their current homepage (with a message noted below) is being hosted by another provider while VirtEx's data center vendor works out their issues (which they say has no current estimated time of repair). It's certainly a frustrating time for traders on the platform, and for those who want to use that trendy new bitcoin ATM in downtown Vancouver, you're out of luck. It operates using VirtEx. VirtEx says they're "Upgrading [their]....
Virtex is soon launching a platform that will allow for the exchange of cryptocurrencies at an international level. The company based in Kaunas, Lithuania is the realization of a project led by CEO Paulius Meskauskas, CMO Tomas Andzelis, and CRO Mantas Gustys, and was inspired by new technologies in cryptocurrency. Kaunas serves as the technology and economic center of Lithuania, and the Virtex offices are located at the heart of the city. Along with a group of more than 20 individuals, Virtex has set out to create an exchange that benefits traders by offering transparency of operations....
Yet another bitcoin exchange has had the plug pulled on its bank account. Unlike Bitfloor, which went off-line last week, however, Canadian exchange Virtex is still operational - and its founder told us how. Two-year-old, Calgary-based Virtex was contacted by the Royal Bank of Canada on April 5 and told that its bank accounts would no longer be operating, according to Virtex's founder, Joseph David, Virtex's founder. He said he wasn't told why. However, he thinks it was because Virtex did not yet have the right documentation. "The problem that the banks have with us isn't the bitcoin,"....