Many exchanges to date have preferred to stay clear from offering cryptocurrency-to fiat trading in order to avoid issues with official regulators. For instance, one of the most popular Canadian crypto exchanges, Binance has not yet launched the coveted services. Fiat trading simple for traders to purchase cryptocurrencies directly compared to purchasing either Bitcoin or Ethereum primarily before converting to desired digital asset.

In recent news the Canadian-based Bitvo announced on October 18 that both Ripple (XRP) and Ethereum Classic (ETC) are live on its exchange platform. Both the assets are trading against the Canadian dollar and other crypto trading pairs. The exchange is gaining traction since its soft launch and popular traders are expecting positive things. Bitvo seems to be overcoming challenges even the larger exchanges are having trouble with. This Canadian based platform is focused on improving streamlining the registration process, making payment and withdrawal simple, while offering a same day guarantee to all traders.

“Bitvo is steadily finding it's bearing in the industry and will soon become an exchange to be reckoned with.”

Bitvo was launched in the spring of 2018 by professionals backed in the financial service industry. Taking blockchain technology by storm, this company has entered the market with everything it needs to succeed. The only thing left is just to alert the public of the service so traders can take advantage of this service.

Bitvo trading platform was designed to offer customers with a seamless process of buying and selling cryptocurrencies. It is secure, safe and simple to use. Moreover, it has a vision to become the best and preferred platform for crypto assets exchange in Canada. Besides the individual customers, Bitvo offers services to corporate and institutional clients as well.