CoinTrader partners with Vogogo for payment processing

Canadian Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term exchange CoinTrader has partnered with local payment processor Vogogo for fiat payment processing. As part of facilitating deposits and withdrawals, Vogogo will supply its 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, security and compliance capabilities.

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 52 weeks and a market cap now worth $121 million.

The partnership will give Canadians more choice when it comes to their methods of deposit, which already include online bill payment and pre-authorized withdrawal.

"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."

CoinTrader is also developing a multi-currency order book which will pair bitcoin with CAD, USD, EUR and GBP.

A few days ago, Vogogo also partnered with leading altcoin exchange Cryptsy to handle its USD and CAD payment processing.