DIGATRADE™ Enables Global Card-based Transactions

DIGATRADE™ Enables Global Card-based Transactions

"Instant Bitcoin Buying With USD, GBP, EUR & CAN"
"Migration [20,000] Customers to Digatrade Platform"  

BIT-X FINANCIAL CORP (OTCQB: BITXF) and its 100% owned Digital Asset Exchange, DIGATRADE™ (https://digatrade.com/) today announced that it has enabled instant Bitcoin buying with US Dollars (USD), British Pounds (GBP), Euros (EUR) and Canadian Dollars (CAD).

 The multi-currency expansion now provides customer fiat deposits via e-Check, Interac (EFT) and 3D Secure Visa & Mastercard with payments integration powered by Vogogo Inc. (https://vogogo.com).

In addition, the Company reports that as per Bitcoin Exchange and Services Agreement between Bit-X Financial Corp (BITXF) and ANX International dated April 1, 2015, all North American customers [20,000 approx] registered on the ANXPRO and ANXBTC platform will receive a notification to transfer to Digatrade.  The transfer process is expected to take up to two (2) weeks to complete.

The proprietary DIGATRADE™ trading platform offers a unique single order-book that instantly blends and processes all major currencies and order matching in real-time.  

'We are very pleased to launch global payments and transactions stated Brad Moynes, CEO of DIGATRADE™, "Our platform and our technology partners are gaining recognition as industry leaders. The combination of 20,000 digital currency traders and instant USD, GBP, CAN & EUR deposits will kick-start Digatrade into a viable Digital Asset Exchange".

Chief Operating Officer of ANX International, Dave Chapman stated:

"Enabling instant payment mechanisms such as USD deposits via credit cards is not only a competitive advantage for DIGATRADE™ but furthermore it eliminates the delays and complexities traditionally associated for customers wanting to purchase bitcoins via an online exchange venue.

Additionally, the Company reports that it will focus on expanding payment processing options in emerging markets [Mexico], merchant adoption tools and developing technology that reduces settlement latency and counter party risk to existing financial infrastructure.

The Company and its strategic advisors are continuing their efforts evaluating prospective revenue producing acquisitions that focus on financial technology, digital currency and Blockchain innovation.

Further update includes the public company name change from Bit-X Financial Corp to Digatrade Financial Corp is in process and subject to regulatory approval. More information will be provided as it materializes.

ABOUT BIT-X FINANCIAL CORP

Bit-X Financial Corp is a Vancouver; Canada based Company listed on the OTC.QB under the trading symbol BITXF.  The Company owns and operates DIGATRADE™ (https://digatrade.com/) a Digital Asset [Bitcoin] Exchange and Internet Financial Services Company.  BITXF is a reporting issuer in the Province of British Columbia, Canada with the British Columbia Securities Commission "BCSC" and in the United States with the Securities Exchange Commission "SEC".

ABOUT ANX INTERNATIONAL

Founded in June 2013, ANX International has grown into one of the world's leading financial technology companies with an expertise in cryptocurrencies.  With their combination of industry expertise and proven, innovated technology, ANX's core business comprises of cryptocurrency white label and debit card solutions, foreign exchange and remittance, and technology and consultancy services.  Furthermore, ANX provides managed solutions to a variety of verticals including large online e-commerce institutions, kick starter platforms and regulated funds, to name a few.  In 2015, ANX International was awarded the prestigious "Hong Kong's most valuable companies award" in recognition of its innovative business.  

Forward-Looking Information
This press release contains certain "forward-looking information".  All statements, other than statements of historical fact, that address activities, events or development that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information.  This forward-looking information reflects the current expectations or beliefs of the company based on information currently available to the Company.  Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.  Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, the possibility of unanticipated costs and expenses.  Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the company disclaims any intent or obligation to update any forward-looking information whether as a result of new information, future events or results or otherwise.  Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. 

CORPORATE CONTACT INFORMATION: 

Brad Moynes, CEO
Bit-X Financial Corp
DigaTrade.com
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel:   +1(604)-200-0071
Fax:  +1(604)-200-0072
http://www.digatrade.com


Related News

Charlie Lee Opens Up About Coinbase Shift Debit Card

Coinbase launched its Bitcoin debit card to much adoration by crypto-currency enthusiasts. Shift Payments, a fintech company, will issue the card, which enables Coinbase users in 24 US states to spend bitcoins online and offline at more than 38 million merchants across the globe. To receive a Shift Card, you can order it from Coinbase. You will be asked to provide an address and a $10 issuance fee, payable in bitcoins. There are no fees on domestic transactions beyond the initial $10 issuance fee for a limited time. Coinbase’s fee schedule can be found by clicking here.

Hong Kong Exchange ANX Aiming to Issue Bitcoin Debit Card

Hong Kong-based bitcoin exchange ANX has announced that they are issuing their very own reloadable pre-paid bitcoin debit card, allowing members of the exchange to make purchases and conduct cash withdrawals internationally via "via an extensive global network of retailers, online merchants and ATMs." ANX thinks that using bitcoin through traditional finance systems could very well be the future of this digital currency. "We believe prepaid cards will play an integral role in a Bitcoin consumer's day-to-day financial life," said exchange Chief Executive Officer Ken Lo. "As a market leader....

Wirex Reports Customer Base Expansion Reaches New Highs in 18 Months

The bitcoin debit card provider, Wirex, issued 37,000 cards reaching a total of 160,000 users in July 2016, according to data released by the company. Formally known as E-Coin, the U.K.-based company has experienced phenomenal growth over the last 18 months with continuous monthly growth since its launch in January 2015. By serving over 130 countries, it is able to offer its customers the ability to combine both bitcoin and fiat currencies through its hybrid banking platform. The company said in a blog post: As a small but growing startup, our rapid growth has only been possible thanks to....

London-Based Company Issues a Card With All Bank Cards In One

Curve, a financial services company based in London, has come out with a card and an accompanying mobile app that allows customers to scan all their debit and credit cards and then use each one for separate purchases with the one card. Single payment card. A Curve card can be obtained with a one-time payment of £35, after which, it’s free to use. In order to set up the card, users download the app and scan an unlimited number of bank cards, at which point, they will be synced to the Curve card. Despite this, the card works just like any other card, and doesn’t require a battery. “Curve....

Bitcoin Anywhere on Abine's Blur Masked Cards

Abine, a Boston based firm which calls itself the "online privacy company" is offering a bitcoin payment service called Bitcoin Anywhere. The Bitcoin Anywhere service enables users to make online payments on any online portal that accepts MasterCard credit cards. The Bitcoin Anywhere service works though Blur "Masked Card". These Blur Masked Cards will be connected to the individual user's Coinbase bitcoin wallet. All Payments made through the Masked Card will be deducted from the connected wallet's bitcoin balance. True to its name, Abine's Blur Masked Cards have the cardholder's identity....