Vogogo Adds Another Two Exchanges, QuadrigaCX and BitMEX, for Payments Support

Canada-based Vogogo has added another two bitcoin exchanges 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 support, QuadrigaCX and BitMEX.

Vogogo aims to 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 processed, bridging the gap between the fiat banking and digital currency worlds and allowing exchanges to focus more on their business strategies.

QuadrigaCX is a Canadian bitcoin exchange, reportedly the first in North America to obtain a Money Services Business (MSB) license. In addition, many bitcoin ATMs in Canada use the exchange for performing conversions.

Hong Kong-based BitMEX offers bitcoin derivatives and targets miners, investors and traders looking to exchange risk arising from exposure to Bitcoin. Co-founder and CEO Arthur Hayes said:

"Partnering with Vogogo will allow BitMEX to offer fiat margined contracts, and expand the sophistication and breadth of our product offerings."

The past few days have been busy for Vogogo, having also partnered with ANXPro and the Rock Trading Company.