Press Release
Virgo launches its Australian website streamlining trading for users
Posted:
Journalist
The Virgo platform recently launched its Australian site furthering its goal of streamlining the trading experience for users of all levels. They have built itself as one of the most trusted trading platforms that empower its client with advanced technology, best-in-class security, and superior liquidity.
The platform offers commission-free trading to Australian and Canadian markets. Users can trade more than 70 cryptocurrencies, including Bitcoin, Ethereum, Cardano, Doge, Solana, and USDC.
Virgo was founded in 2018 with the aim of making crypto trading secure and convenient for everyone around the world. The platform provides attractive pricing for instant and free deposits, tight spreads, and high liquidity. They also have a mobile app that is designed with the intent of maximizing ease of use in a safe manner.
Key features
Some of the core values of the Virgo platform include the following:
Security: By utilizing advanced technologies to secure funds and information, Virgo helps Australian users buy and sell cryptocurrencies and digital assets safely.
Transparency: The platform does not charge any deposit or commission fees and offers a competitive spread with a straightforward fee schedule, helping users know what they are paying for and getting.
Highest compliance: Virgo is audited externally and holds the highest standards of ethics, business conduct, and compliance.
Countless functionalities
To enable users to incorporate crypto trading in their day-to-day lives and that too with a much simpler approach, Virgo offers various services to its users which include:
Trading service
Virgo opens a trading gateway for users to trade with more than 70 cryptocurrencies and stablecoins. Additionally, Virgo creates room for users to choose among market orders and limit orders. The platform also offers referral rewards, wherein users who refer, can open and fund their account, and earn up to $30 CAD. Additionally, the platform is also known for offering users quick and advanced trading services. Grid trading and recurring buying are some of the additional features that enhance the trading services of the Virgo platform.
Over-the-counter trading service
Users at Virgo can enjoy the perks of seamless trading with just a few clicks. As the platform is known for having long-term relationships with its partner banks, customers can immediately settle crypto trades upon confirmation of the trade details.
This service is designed specifically for clients looking to trade with superior liquidity, privacy, and lower costs. Clients who wish to transact more than $50,000 CAD can opt for their over-the-counter (OTC) platform. Virgo offers two OTC services:
- OTC Direct: Allows institutions to carry out massive block transactions through a secure process to ensure the smooth execution of settlements.
- OTC Chat Broker: Allows institutions to transact huge block transactions with customizable service by VirgoCX’s OTC trade team.
The Virgo OTC Referral Program offers a one-time reward of C$200 CAD for users who refer to OTC traders for their first trade.
Learning service
Virgo offers users a stand-out learning service for crypto investors of all levels from beginners to experts, to expand their knowledge of the crypto market. All the resources provided by the platform make it easy for the users to learn everything about crypto.
Trading fees and assistance
Virgo charges zero fees on all trades and to fund an account. For Australian users, trading accounts can be funded instantly with PayID, whereas Interac e-Transfer can be used for Canadian users.
Apart from daily transaction fees Virgo Australia has a 3-Tier asset spread on the bid and asks prices for each of the respective trading pairs. The 3 tiers include:
- Tier 1 assets with a spread between 0.5% and 0.95% including the likes of USDC, BTC, DAI, ETH, LTC, SOL, DOGE, ADA, MATIC, XLM, DOT, SHIB, AVAX, BCH.
- Tier 2 assets have a spread between 0.8% and 1.5% and include ALGO, APE, ETC, MANA, FIL, SAND, EOS, ATOM, KNC, CELO, GALA, XTZ, GRT, COMP, MKR, KSM, SNX, CRV, LRC, OP, CHZ, OMG, DYDX, BAT, AAVE, LINK, OCEAN, AXS, STORJ, SUSHI, AMP, UNI.
- Tier 3 has a spread between 1% and 2.5% with LUNA, ENS, API3, LPT, FTM, ENJ, ZRX, QNT, ANKR, SLP, NU, ACH, NEAR, MIR, LUNA2, CRPT, ELON, HBAR, CVX.
The platform also offers a range of support options for its users including chat and email support. Tutorials and an exhaustive list of support articles elaborate upon the various problems a user might encounter while navigating the website. Virgo also has a multilingual support team that can be reached with direct inquiries via email.
VirgoNFT Liquidity Provider
Non-Fungible Tokens (NFTs) have been a widespread product of blockchain technology that has been an eye-catcher for investors, collectors, and creators around the world. Virgo has also come up with its NFT instant liquidity provider that provides users with the benefit of selling NFTs and get instant liquidity.
At VirgoNFT users are entitled to instant liquidity and zero trading fees for trading their NFTs. The easy-to-use interface of the platform along with an extensive list of NFT collections makes it all the more interesting for users to sell NFTs at the VirgoNFT.
To sell their NFTs, users just have to follow certain steps and they are good to go. After connecting their wallet, users can choose an NFT of their choice that they wish to trade. Once the user has confirmed the swap and paid the gas fees, they can receive the ETH directly into their wallet.
Conclusion
Virgo has a selection of features for traders and investors wrapped up in an easy-to-use and straightforward platform. Signing up for the platform is a simple 4-step process: users just need to set up their 2FA, submit their information, read the acknowledgment statement, and complete photo identification.
The platform also supports Trading View which helps traders understand price movements using indicators. They can overlay charts and use the real-time buy and sell price panel along with the 24H change, and 24H high and low options to interpret the prices better.
Keeping in mind new users, Virgo also has a solid educational platform that helps them learn all about crypto and the overall Web3 space. It is loaded with tips, weekly updates, informational articles, and guides, all contributing to helping users stay on top of the crypto space.
For more information on Virgo, please check out their official website.
Disclaimer: This is a paid post and should not be treated as news/advice.
