Bitcoin
$43,739.90-7.78%
Ethereum
$3,037.57-9.24%
XRP
$0.930012-12.83%
Cardano
$2.10-8.31%
Polkadot
$28.83-14.87%
Stellar
$0.283038-10.72%
Dogecoin
$0.211784-10.25%
Chainlink
$24.01-12.86%
Uniswap
$21.36-10.81%
Polygon
$1.16-12.56%
Litecoin
$159.14-9.73%
Bitcoin Cash
$544.50-11.18%
Cosmos
$35.05-16.87%
Wrapped Bitcoin
$43,715.57-7.81%
Algorand
$1.69-15.10%
Filecoin
$76.53-8.49%
The Graph
$0.722185-11.70%
Tron
$0.093668-10.57%
Ethereum Classic
$49.86-10.69%
Aave
$296.38-14.47%
Tezos
$5.42-17.43%
Monero
$236.78-10.48%
NEO
$42.16-13.08%
EOS
$4.25-15.75%
IOTA
$1.32-15.45%
BitTorrent
$0.003401-12.06%
Bitcoin SV
$138.14-11.93%
Maker
$2,479.69-11.10%
Waves
$23.37-16.14%
Dash
$173.28-11.61%
Decred
$123.49-12.05%
ICON
$1.70-7.42%
Decentraland
$0.684441-15.15%
OmiseGO
$10.60+9.13%
NEM
$0.157649-12.74%
Zcash
$120.56-11.09%
Qtum
$10.66-13.39%
Yearn Finance
$29,808.66-10.42%
NuCypher
$0.280062-14.06%
Paxos Standard
$1.01+1.49%
Bitcoin Gold
$55.84-14.09%
Basic Attention Token
$0.658942-11.41%
0x
$0.923840-13.99%
Bancor
$3.59-10.26%
Fetch.ai
$0.682655-12.97%
Ren
$0.777953-14.98%
Band Protocol
$7.69-15.55%
Siacoin
$0.015651-14.58%
Kava.io
$5.17-14.72%
Nano
$4.78-13.51%
Loopring
$0.406246-11.37%
Storj
$1.16-13.71%
Lisk
$3.06-15.39%
Numeraire
$39.55-11.30%
Civic
$0.426388-16.38%
Orchid
$0.343711-7.52%
PAX Gold
$1,772.47+0.23%
Augur
$22.40-12.66%
Aragon
$5.12-15.24%
Enzyme
$104.83-11.98%
district0x
$0.156404-11.28%
Kyber Network
$1.52-13.10%
SingularDTV
$0.001390-4.11%
Tether
$0.999999-0.03%
USD Coin
$1.00+0.01%
Dai
$1.00-0.03%

Caribbean Bitcoin Exchange Launches Following $1.5 Million Raise

Barbados-based startup Bitt is launching a digital currency exchange today, having secured $1.5 million in seed funding from Avatar Capital

Mar 30, 2015 at 9:23 a.m. UTC
Updated Sep 11, 2021 at 11:37 a.m. UTC

Caribbean digital currency exchange Bitt has launched today, having secured $1.5m seed funding from local VC group Avatar Capital.

The exchange, based in Barbados, is powered by AlphaPoint, an exchange technology platform provider that also offers its solutions to Bitfinex and Cointrader.

Also a remittance channel and merchant processing gateway, Bitt claims to have implemented "military grade security", with a multi-signature HD wallet system keeping 95% of customers' bitcoin offline.

Gabriel Abed, Bitt CEO, said:

"The Bitt exchange is a cornerstone project for digital finance in the Caribbean. By facilitating trade between traditional and digital currency markets, Bitt is creating the platform for very low-cost international commerce and remittance between the people who need it most - the millions of unbanked and underbanked citizens in the Caribbean."

Consumers will be able to trade in 11 major fiat currencies, including the US dollar, the pound and the euro.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...