Introducing the Virtex Bitcoin Exchange
Virtex is a bitcoin exchange that allows users to easily trade bitcoin and litecoin for USD and for Euros. The bitcoin exchange is the first cryptocurrency exchange to have started in the baltic states and is quickly emerging as one of the more trustworthy cryptocurrency exchanges. Virtex is based out of Kaunas, Lithuania and provides a wealth of knowledge, which is designed to educate users on what bitcoin and litecoin are, as well as how to utilize their trading system. For more information on the virtex bitcoin exchange, click here
Virtex also has an open API, which is how users can incorporate 3rd party tools to execute trades on their exchange. Virtex’s API is rather detailed and it provides everything that a developer needs to get started. Virtex’s bitcoin trading platform is extremely easy to use and it allow users to execute trades through market orders or through limit orders. A market order on the Vitrex bitcoin exchange works by executing a trade that is guaranteed to be filled, as it buys into the asks and sells into the bids. The limit order function of the bitcoin exchange operates differently and it allows a user to place a bid or ask at a specific price that they would like to buy or sell at. One of the best things about this bitcoin trading platform is that it allows users to trade both bitcoin and litecoin against the United States Dollar and the Euro, which allows for greater flexibility when deciding which fiat currency to trade against.
Virtex provides users with multiple ways to get fiat money on their bitcoin exchange, which includes 3rd party systems such as EgoPay, OKPay, Payza, PerfectMoney, and AstroPay. The bitcoin exchange also allows users to withdrawal fiat through the same processors, as well as through bank withdrawals and deposits. The ability to have different deposit and withdrawal options further illustrates how useful the virtex bitcoin exchange is. Not only can you trade, deposit, or withdrawal bitcoin and litecoin, you can do it rather easily with the payment processors.
Virtex is becoming a dominant force within the cryptocurrency industry and its leading an example of how to structurally set up a bitcoin exchange. They even have fool proof tutorials that explain exactly how users can use their bitcoin trading platform, as well as a complete educational section of their site dedicated to explaining the nuances of bitcoin. It will be interesting to see what else this bitcoin exchange will do in the future.