20:34:58 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Vogogo Inc
Symbol VGO
Shares Issued 39,220,512
Close 2014-09-30 C$ 3.40
Market Cap C$ 133,349,741
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Vogogo integrates tech with CoinTrader

2014-09-30 07:11 ET - News Release

Mr. Geoff Gordon reports

INDUSTRY LEADING BITCOIN EXCHANGE COINTRADER INTEGRATES WITH VOGOGO

Vogogo Inc. has integrated its proprietary compliance, risk management and payment processing platform with on-line bitcoin-trading platform CoinTrader.

CoinTrader is a leading North American bitcoin exchange, one of the top three bitcoin exchanges in Canada by volume in BTC and ranked in the top six on the bitcoin average website by volume in United States dollars. CoinTrader is also responsible for the installation of the world's first bitcoin automated teller machine in Vancouver, Canada. This original machine continues to be the busiest Robocoin ATM in the world.

CoinTrader now also operates bitcoin ATMs in the United Kingdom, Romania, Japan and Singapore, and, due to its API having multiple elements designed specifically with ATM operators and brokers in mind, has become a popular exchange partner for other ATM operators.

CoinTrader is also currently developing a multicurrency order book, which will enable the exchange to support U.S. dollars/BTC, British pounds/BTC, euros/BTC and Canadian dollars/BTC.

Vogogo will provide CoinTrader with full risk management, security, compliance and payment services, enabling its users to experience seamless transactions between bitcoin and fiat currencies such as U.S. dollars and Canadian dollars.

Vogogo chief executive officer Geoff Gordon said of the announcement: "Having CoinTrader integrate with us is another significant endorsement of the value our platform has for those in the crypto-currency space. We are currently experiencing unprecedented demand for the risk management and payment processing our platform provides. We will continue to scale up our business by engaging and integrating with the industry's leading players."

CoinTrader co-founder Jackson Warren said: "We are thrilled to be working with Vogogo. Their platform gives us the ability to offer our customers a fast, secure and incredibly simple payment option. This partnership will allow CoinTrader to provide some of the most convenient funding options in the digital currency industry."

About CoinTrader

CoinTrader is an on-line trading platform for the bitcoin community. It facilitates the trade of bitcoins (BTC or XBT) for traditional currency (such as Canadian dollars and U.S. dollars). It is a registered Canadian corporation, compliant with Canadian and international regulations. Security, low cost and usability drive it to create the best bitcoin exchange on the market.

We seek Safe Harbor.

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