CALGARY, Alberta, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Bitvo is pleased to announce that XRP and Ethereum Classic are now available on its cryptocurrency exchange platform.



XRP is the native currency of the Ripple network, which is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a U.S.-based technology company. Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality.

As part of a broader initiative to increase its offering to customers, Bitvo will provide customers with the ability to purchase or sell XRP and Ethereum Classic with either Canadian dollars or Bitcoin. Customers can also fund their account with either of these new offerings, with any of the other cryptocurrencies Bitvo supports or with Canadian dollars.

The addition of these new cryptocurrencies increases Bitvo’s overall offering to seven including, in order of market capitalization, Bitcoin, Ether, XRP, Bitcoin Cash, Litecoin, Dash and Ethereum Classic.

“The addition of XRP and Ethereum Classic is in response to feedback we are receiving from our customers. We’re excited to add these to our offering. As we continue to listen to what our customers want, we will add additional cryptocurrencies as well as optimize the user experience on our platform,” says Pamela Draper, President & CEO.

About Bitvo

Bitvo is a private company with international reach founded by experienced financial services, payment and banking entrepreneurs, that offers a state-of-the-art cryptocurrency exchange trading platform to make cryptocurrencies easier to access and more secure for its customers.

For further information, please contact:

Pamela Draper

President & CEO

403-407-0059

pam@bitvo.com

Forward-looking Statements

This press release contains forward-looking statements. The use of any of the words “will”, “may”, “can” and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by Bitvo. Although Bitvo believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Bitvo can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated. The statements contained in this press release are made as of the date hereof and Bitvo undertakes no obligation to update publicly or revise any statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.