Bitcoin & Cryptocurrency Learning

Greetings to all Virgo users!

The year 2022 has concluded, marking the end of a difficult period in the history of cryptocurrencies. From the significant rise of major coins to the downfall of FTX, we have learned to be more attentive to the safekeeping of our assets and the way in which platforms manage them.

As we step into the year 2023, I would like to pause for a moment and contemplate the progress we have made so far. Despite facing challenges, Virgo has persevered and is prepared to face a promising year ahead.

Above all, I am delighted to declare that our user community has expanded by approximately 120% in the previous year. This development is evidence of our team’s unwavering commitment and diligence, and we appreciate your unwavering support.

Furthermore, aside from the growth of our user base, we have also achieved remarkable progress in enhancing the functionality of our platform.

We have introduced a range of new features, which include:

31 new trading pairs
Recurring buy
Grid trading
Debit card payment
Stop-limit order
Bill payment
Price alert

Moreover, we have persistently endeavored to enhance the user experience on our platform, resulting in a more user-friendly and intuitive interface than ever before.

We have accomplished the following:

Eliminated fiat withdrawal fees

Removed withdrawal fees for all non-ERC20 coins

Provided coverage of up to $6 CAD for all ERC20 coin withdrawals

Implemented multi-chain support for Ethereum, USDC, and Polygon, resulting in reduced costs for you

Rolled out a new mobile user interface

Enabled Dark Mode

We have reached several significant milestones on our journey towards success:

Secured $10M in Series A Funding

Obtained the Restricted Dealer license from the Canadian Securities Administrators (CSA)

Completed the SOC 2 Type 1 audit

Expanded into the Australian market

Successfully passed the AML audit conducted by MNP

Implemented insurance on all crypto wallets

Certified as a Great Place to Work®

As a gesture of appreciation to our faithful users, we distributed almost $200,000 CAD in bonuses and rewards

Implemented additional fraud protection measures to reduce client losses.

We take pride in establishing successful partnerships with industry leaders, which have resulted in providing greater value and resources to our users. Looking ahead to the new year, we are enthusiastic about the possibilities it brings and remain committed to delivering top-notch products and services to our users.

In the previous year, Virgo witnessed significant growth while also driving innovation. As we enter 2023, we are determined to enhance user experiences and strive to establish Virgo as the most competitive trading platform in Canada and Australia, with plans for expansion to other countries. We will keep you updated, and please feel free to contact me or the team with your feedback.

Lastly, I would like to express my gratitude for your support and loyalty. I wish you and your loved ones a happy and prosperous new year!

Best regards,

Adam Cai

CEO of Virgo Group