Vogogo to Handle Payments for ANXPro, the Rock Trading Company

Hong Kong-based ANXPro, one of ANX's trading platforms, and The Rock Trading Company, based in Malta, have partnered with Vogogo to handle payment processing. The integration is expected to go live in Q1 2015, targeting the Canadian, US and European markets.

Vogogo is publicly traded on the TSX Venture Exchange. The company has recently enjoyed impressive growth, with its stock price increasing multifold during the past year and a market cap now worth $114 million.

The company aims to bridge the gap between the fiat banking world and crypto exchanges, which often encounter difficulty in securing banking services. They take on the load of Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, compliance and security for Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term processed, allowing the exchanges to focus more on their business strategies.

In late September, Vogogo also partnered with Canadian bitcoin exchange CoinTrader, giving Canadians another option for making deposits. A few days prior to that, they partnered with popular altcoin exchange Crytpsy to handle its USD and CAD payment processing.

The Rock Trading Company supports trading with USD, EUR and GBP against digital currencies including bitcoin, litecoin, namecoin, dogecoin, peercoin and XRP. Commissions can be as low as 0.075% depending on traded volume.