Digital Currency News: Bit-X Financial (OTCQB:
BITXF) Reports Exclusive Bitcoin Exchange & Services Agreement with Hong
Kong Based ANX
VANCOUVER,
BC - May 11, 2015 (Investorideas.com Newswire) - Bit-X Financial Corp. (OTCQB: BITXF) reports that in April it executed an Exclusive
Bitcoin Exchange and Services Agreement with Hong Kong based ANX. The
proprietary ANXPRO trading and matching engine manages high volume, high
throughput, and low latency trading and was modeled on the same technology
recently leveraged by the world’s largest Investment Banks. It also features
blended multi-currency settlement in addition to real time FX pricing and risk
management.
Under
terms of the agreement, ANX will develop a white-label crypto-currency exchange
utilizing ANXPRO's world-class proprietary trading platform. The agreement
includes technical, development and support services to Bit-X and its
registered users worldwide.
"The
ANXPRO proprietary trading engine is a critical component to our
business," said Brad Moynes, President of Bit-X Exchange. "This
agreement with ANX enables us to instantly offer crypto-currency services to
our customers utilizing a proven technology platform and relying on the
operations of a well-established brand and a very experienced team."
Functionality
of the Bit-X Exchange will include deposit and withdrawal services for multiple
fiat currencies, payment processing via Vogogo Inc. services, trading exposure
to Bitcoin, Ripple, Litecoin, Dogecoin and Stellar while leveraging the
established global liquidity order book; developed and managed by ANX.
"This
is a win-win for crypto-currency exchanges and the eco-system as a whole,"
said Dave Chapman, COO of ANX. "We are delighted that Bit-X has selected
ANX as their preferred white-label provider by surpassing their technology and
operational requirements."
In
addition to the development and management of the Bit-X Exchange, ANX will
notify its19,750+ existing North American users to instantly migrate to the new
Bit-X Exchange which has a go live date within 60 days.
ABOUT BIT-X:
Bit-X
Financial Corp is a Vancouver based Company listed on the OTC.QB under the
trading symbol BITXF. The Company has announced an exclusive agreement with
Hong Kong based ANX to develop a crypto-currency exchange and to provide
ongoing technical, development and support services to registered users
worldwide. Bit-X Financial Corp is a reporting issuer in the Province of
British Columbia with the British Columbia Securities Commission
"BCSC" and in the United States with the Securities Exchange
Commission "SEC".
ABOUT ANX:
Founded
in June 2013, ANX has grown into one of the most used Bitcoin exchange
platforms worldwide. ANX is one of the largest and most diverse Bitcoin
exchanges in the world. It is a pioneer and leader in the crypto-currencies
industry. ANX's achievements to date include introducing the world's first
multi-currency online Bitcoin exchange platforms (ANXPRO.COM & ANXBTC.COM),
the world's 3rd Bitcoin ATM machine, and a full-featured ANX Vault mobile app
for crypto-currencies. ANX recently acquired troubled Bitcoin exchanges
Norwegian based JUSTCOIN.COM and US based COINMKT.COM to expand into the
European and North American markets. ANX was one of the first firms specializing
in crypto-currencies to be issued with a Money Service Operator (MSO) license
and prides itself on its transparency and regulatory compliance. The founding
partners have financial markets, management consulting, banking technology and
compliance backgrounds.
CORPORATE CONTACT INFORMATION:
Bit-X
Financial Corp
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
SOURCE:
Bit-X Financial Corp.
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