Don’t get confused – Virtex is an ambitious startup from Lithuania, but CaVirtex is an experienced exchange company operating on the Canadian market! There is nothing more in common apart from the similar names of the services. On the contrary – the Baltic team has global plans.
Road to the Top
Virtex is based in Kaunas in the Lithuania. The small city was once the capital of Lithuania, but having lost this privilege, the city has made a mark for itself as the technological and economic center of the country.
CEO Paulius Meskauskas, CMO Tomas Andzelis and CRO Mantas Gustys are the heart of the new exchange with a team of 20 strong specialists. Their approach is proactive: create your own future and it will pay out soon. As they state on their website:
“We wanted to get immersed with the digital currency revolution, rather than watch it from the sidelines.”
Virtex is going to be a service on 100% liquidity basis. The launch is planned in a month, while last minute preparations are being made for the launch.
Benefits for the Customers
All customers of the service will be treated differently according to their trading volume and will be divided into three groups: Starter, Trader and Enterprise. Indexation will be performed every 30 days to award fees between 0.2% and 0.3%.
Deposit and withdrawal options have always been features valued by potential clients. The initial services will include OKPay, AstroPay, KADUcollect and COREPAY.
The range of currencies offered and their pairs might satisfy the most demanding traders: Bitcoin, Litecoin, USD, EUR, NZD, AUD, GBP and CNY. Virtex is looking to attract traders from all across the world, but will not allow trading in USA and FATF blacklisted countries. By taking extra precautions and not allowing countries that are high risk, the company can establish a trustworthy trading platform.
Everyone, registering during the pre-launch period will receive a 50% promotional discount for the next three months of operation.
Security and Privacy
Other important aspects of a successful exchange are the privacy and security.
The designers of Virtex have built on past experience to reduce the danger of using the system. The SSL (Secured Sockets Layer) is going to protect every account individually. Dedicated servers will store all data, including registration information. Regular scanning will also be conducted by a third party to protect them from unusual and possibly criminal activity. Cold storage wallets will be used for the funds of the company.