China and Canada are coming together over their mutual love of bitcoin. Payment services program Vogogo has entered into a partnership with bitcoin exchanges QuadrigaCX and BitMEX, located in Vancouver and Hong Kong respectively.
Vogogo CEO Geoff Gordon expressed joy over the newfound alliance, explaining:
“Integrating cutting edge Crypto exchanges such as QuadrigaCX and BitMEX is another significant step in our established growth strategy. It is also another validation of the value new and innovative Crypto exchanges are placing in the Vogogo platform to help them access and transact seamlessly with traditional banking networks.”
Gerald Cotten, founder and CEO of QuadrigaCX added his statements to the mix, saying:
“I look forward to working with Vogogo and integrating their innovative payment solutions with the QuadrigaCX Bitcoin trading platform… With Vogogo’s experience in processing payments for the cryptocurrency industry, I’m confident that their services will simplify and expedite the funding and withdrawal process for our clients.”
QuadrigaCX and BitMEX each bring something unique to the table. QuadrigaCX is Canada’s leading bitcoin exchange, while BitMEX is the only centrally cleared Bitcoin derivatives exchange and is one of the world’s most advanced bitcoin derivatives platforms, offering professional investors, miners and traders the ability to exchange bitcoin risk.
Both QuadrigaCX and BitMEX are slated to integrate with Vogogo’s payment processing and risk management platform. Customers in both the United States and Canada will be able to engage in unified transactions, with EU users set to join the ranks in early 2015.