VirtEx, Canada's Largest Bitcoin Exchange, Now Accepts Litecoin Trades
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....
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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....
A new Canadian exchange launched this week, offering cheaper rates than the incumbent, and touting an advanced API. Toronto-based Vault of Satoshi is offering trades between fiat currency and either bitcoin or litecoin. The exchange, which is offering all of its services at 0.5% or below, is entering a relatively uncrowded market in Canada. The incumbent is Virtex, a Canadian exchange with fees of 1.5% for transactions less than 400 bitcoins over 120 days. To get the 0.5% rate from Virtex, you'd need to trade more than 2,000 bitcoins over three months. "I would say that we have one of the....
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,"....
Chinese bitcoin exchange Huobi has announced on their website plans to begin support for litecoin trading beginning on the 19th of March. With an estimated 20 percent of the exchange's user base saying that have money in litecoin, the company said they decided to add the functionality after careful consideration. The move comes not terribly long after Huobi's competitor BTC China announced the availability of litecoin trading with no commission, a move that is designed to keep up with the growth of the number two most popular cryptocurrency. Canada-based VirtEx also added litecoin trading....
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....