Canada-based Vogogo has added another two bitcoin exchanges for payments support, QuadrigaCX and BitMEX.
Vogogo aims to take on the load of risk management, 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 ANXPro and the Rock Trading Company.