A new Canadian exchange promises cheaper rates at 0.5 percent or below and an advanced API.
The Toronto-based Vault of Satoshi will offer trades between fiat currency and either bitcoin or litecoin, two anonymous digital currencies.
“I would say that we have one of the most comprehensive APIs in the world aside from Mt. Gox and these other exchanges, and the most comprehensive API in Canada,” said Michael Curry, CEO of the company, who impressive track record includes website monitoring firm Verelo.
Currently, Vault of Satoshi’s primary competitor is Virtex, which offers fees of 1.5 percent for transactions under 400 bitcoins over 120 days.
- Aaron Goldstein, Gambling911.com