Bitvo Publishes Exchange Due Diligence Report

CALGARY, Alberta--(BUSINESS WIRE)--Bitvo Inc. (“Bitvo”) is pleased to publish the results of its Exchange Due Diligence Report, completed by independent third party Blockchain Intelligence Group (“BIG”). In this report, BIG reviewed Bitvo’s operations, policies and procedures as well as conducted an audit of its digital asset holdings. Bitvo is pleased to announce that BIG assigned a score of Low Risk to Bitvo’s operations and confirmed that greater than 95% of Bitvo’s digital assets are maintained in cold storage with BitGo Trust Company, a licensed as a trust company with the South Dakota Division of Banking with US$100 million of insurance. The full report is published on Bitvo’s website here.

The Bitvo team remains committed to security and transparency. The above initiative demonstrate this commitment to Bitvo’s customers, regulators, and other stakeholders.

Should you have any questions, please contact Bitvo’s 24/7 customer support team at [e-mail] or 1-833-86BITVO (1-833-862-4886).

About Bitvo

Bitvo (www.bitvo.com) is a cryptocurrency trading platform that facilitates buying and selling of cryptocurrencies through its best-in-class website and mobile applications. Bitvo differentiates itself by making transacting in cryptocurrencies easier than anyone else and offering proprietary features such as the Bitvo Same Day Guarantee, the Bitvo Cash Card and technical analysis tools. Additionally, Bitvo is managed and owned by a group of competent, transparent and qualified individuals comprised of seasoned financial markets and payment processing professionals (read more about the team here). Finally, Bitvo makes security a top priority. The company has never lost customer funds. Fiat funds are stored at major Canadian banks and cryptocurrencies are stored primarily in cold storage with BitGo Trust Company, a licensed trust company with the South Dakota Division of Banking with US$100 million of insurance.