13 Oct '13, 2pm

Get out of the way Mt. Gox New Bitcoin exchange in town. Coinx has high security like the NYSE

Get out of the way Mt. Gox New Bitcoin exchange in town. Coinx has high security like the NYSE

CoinX is a brand new Bitcoin exchange that just opened its doors, and w e caught up with founder Megan Burton at the Money2020 conference in Las Vegas to learn what her company is all about. Burton came from an IT and security background and took the opportunity to throw her skills into the increasingly weird world of money. Operating out of Atlanta, Ga., CoinX is all about turning conventional money into the anonymous digital currency called Bitcoin, and Bitcoin into conventional money. It's also the first to actually take financial compliance seriously. The company makes its money by charging a small percentage of the total transaction and it's reasonable as could be. Anyone buying 500 bitcoins or fewer is only charged a 0.3% fee, and with a Bitcoin's value holding around $127 at the time of this writing, that's the only fee Given that CoinX is a money market in its own ...

Full article: http://finance.yahoo.com/news/coinx-bitcoin-exchange-actu...

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CoinX Is A New Bitcoin Exchange That Actually Takes Financial Compliance Seriously

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