Boost. VC Startup BitQuick Offers Quick and Easy Method to Buy Bitcoin
Trading roughly $450,000 every 30 days as of last month, Ohio-based BitQuick is a new peer-to-peer platform that intends on swiftly connecting digital currency buyers with sellers through over-the-counter (OTC) trades. The majority of the company's user-base is from the United States, but there are also Taiwanand India branches. It's been a busy few....
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This week, BitQuick announced the launch of its trading platform BitQuick.me in the Middle East. While there haven’t been more details on the topic, we reached out to its founder and CEO Jad Mubaslat, for enlightenment. Jad Mubaslat is a senior student in biomedical engineering and avid entrepreneur based in Colombus, Ohio. He founded BitQuick, an over-the-counter (OTC) Bitcoin trading platform in February 2013, and hasn't stopped working on the startup since. Today, BitQuick offers its services to customers across the world including North America, Europe, Asia, and most recently, the....
For all the ecosystem's advancements, buying bitcoin with cash is still a slow process, one some argue has been traditionally underserved by industry startups. BitQuick, a peer-to-peer cash-for-bitcoin startup, however, is looking to reinvigorate this dormant sector. By offering some basic bitcoin protections, BitQuick aims to serve the underbanked market while positioning itself as more secure and convenient than competitors. The idea is to eschew the hassles of in-person cash-for-bitcoin transactions, which on other services could entail the inherent risk of meeting an unknown person for....
Bitcoin industry is going through a period of profound changes followed by an outstanding expansion. Everyday new businesses and other projects are coming up with new concepts and improved services. Exchanges are an integral part of the bitcoin industry in constant development; some exchanges are working vigorously in an effort to keep up with the ever increasing demands of the crypto currency ecosystem, while trying to offer the best innovative security options along with professional experience. Bitquick, is one frictionless easy to use exchange that is trying to introduce their....
Bitcoin trading platform BitQuick was the target of a cyberattack this week that temporarily resulted in unauthorized access to its server. The startup said on Tuesday that the platform had been taken offline due to a security incident. In a statement published today, BitQuick said that the attack, which took place on Monday, did not result in the loss of customer funds or sensitive information. The company explained: “The breach was immediately noticed, and the server was shutdown to prevent any further damage. We are still performing a formal investigation to determine the attack vector,....
Peer-to-peer Bitcoin trading platform, BitQuick, has announced its integration of Pay to Script Hash (P2SH) multi-sig addresses through BitGo. This makes BitQuick the first major marketplace to implement multi-sig technology. BitGo, which launched the first ever multi-sig Bitcoin wallet back in 2013, provides its clients with three keys. Two of the keys, the user key-pair and the backup-key pair, are held by BitQuick, and one key is held by BitGo. The backup-key pair is stored in a secure offline location and can be used for fund recovery in the case of a BitGo service failure. In order to....