Australia's igot Exchange Secures New Funding for Global Expansion
Bitcoin exchange platform igot, which is based in Australia but targets international markets, has secured funding from US serial entrepreneur and investor Jesse Chenard. Chenard has founded numerous startups in the Internet and media sphere including Tremor Video, and was formerly CEO of in-image advertising pioneers Image Space Media. Igot co-founder Rick Day told CoinDesk that Chenard's involvement will bring added value, not just in money but in experience: "Frankly, the field is so new and interesting that it is attracting great minds and giving us the chance to work with people we....
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This article has been updated with additional comment from igot users. The founder of Australia-based bitcoin exchange igot has refuted claims his business is a scam. Igot recently came under fire, with many of its users complaining about delays to their withdrawals, branding the company "untrustworthy" and claiming they'd been robbed. Rick Day, igot's founder told CoinDesk the delays particularly affected fiat withdrawals, attributing them to a number of factors. "They [the issues] are as not as big as they appear from the outside ... one of the biggest issues that we have with delays is....
Australia-based igot has announced the next phase of its bid to be the "fastest-growing bitcoin exchange in the world", opening for business in over 40 countries including the European Union and parts of the Middle East and Africa. CEO Rick Day told CoinDesk the exchange has "solid banking relationships" in the EU, saying there are now over 100 banking options for users to choose from. As well as the EU, igot indicated that it has also secured a partnership in Kenya and will launch there in the very near future. Kenyan customers will able to cash out from their igot accounts directly to....
For such a rapidly developing country, the UAE hasn't seen much development in Bitcoin. At least, not until just recently... The United Arab Emirates (UAE) is one of the richest countries in the world. Home to the the seventh largest oil reserves on the planet and 19th highest nominal GDP per capita, the UAE has quickly developed a high-income economy. Large, man-made islands and gold vending machines are nothing out of the ordinary in the cities of the UAE. That's why it may come as a bit of a surprise that Bitcoin hasn't really caught on in the Emirates. However, that could soon change....
The Australia-based Bitcoin exchange Igot has been struggling to completely deliver on operations with Bitcoins or refund customers their money. Shady background of Igot Bitcoin exchange. The company was founded in 2013 and offered exchange services in 40 different countries, including the ability to buy and sell Bitcoins, remittance services, futures tradings and merchant services. However, it is unclear whether the company actually signed up merchants and provided listed services beside basic buy/sell exchange services, as was advertised by the company. “Igot is not being honest and....
Bitcoin exchange igot has expanded to Kenya following the acquisition of TagPesa, a local cryptocurrency exchange and remittance gateway, and integration with M-Pesa's mobile payments service. Igot's Kenyan customers can now use the exchange's services by depositing and withdrawing Kenyan shillings either from their local bank accounts or their M-Pesa accounts. The company, which is based in Australia, also provides remittance services to over 40 countries worldwide, including the EU, Middle East and Africa. The acquisition of TagPesa allows igot customers around the world to send funds....