virgocx.ca FAQ

What is Virgocx.ca?

Virgocx.ca is a Canadian cryptocurrency trading platform that allows users to buy and sell various digital assets, including Bitcoin, Ethereum, and other popular altcoins. It aims to provide easy, affordable, and secure access to the crypto market for Canadian residents.

Read more about virgocx.ca:
Virgocx.ca Review & First Look: A Deep Dive into Canadian Crypto Trading
The Operational Mechanics of Virgocx.ca
Virgocx.ca: An In-Depth Look at its Features and Programs
Addressing the Legitimacy and Ethical Standing of Virgocx.ca
Understanding Virgocx.ca’s Pricing and Fee Structure
Career Opportunities at Virgocx.ca

Is Virgocx.ca regulated in Canada?

Yes, Virgocx.ca states that it is a FINTRAC Registered MSB (# M19955733) and a Restricted Dealer registered with the CSA (Canadian Securities Administrators), indicating it operates under Canadian regulatory oversight.

What cryptocurrencies can I trade on Virgocx.ca?

Virgocx.ca offers a wide selection of cryptocurrencies, including major ones like Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC), Dogecoin (DOGE), and various Metaverse, NFT, and Web3 coins. Career Opportunities at Virgocx.ca

How can I fund my account on Virgocx.ca?

You can fund your Virgocx.ca account instantly using Interac e-Transfer, or through Debit or Credit card. Cash deposits and withdrawals are advertised as free.

Are there fees for trading on Virgocx.ca?

Virgocx.ca focuses on competitive buy and sell prices with tight spreads. They also offer a Tiered Rewards Program that provides discounted spreads (up to 90% off for top tiers) based on trading volume, effectively lowering trading costs for active users.

Does Virgocx.ca support Canadian Dollars (CAD)?

Yes, Virgocx.ca allows users to buy and sell cryptocurrency using Canadian Dollars (CAD), in addition to US Dollars (USD).

Is Virgocx.ca a safe platform for crypto trading?

Virgocx.ca claims to use “Best-in-Class Security Systems,” including 2FA (Two-Factor Authentication) and SSL protocols. They also state compliance with PIPEDA for data security and partner with trusted banking providers for fiat currency security.

What is the non-custodial trading service transition at Virgocx.ca?

Starting April 4, 2025, Virgocx.ca will transition to a non-custodial trading service. This means users will have direct control over their cryptocurrency private keys, increasing self-custody and reducing reliance on the platform to hold their assets. Understanding Virgocx.ca’s Pricing and Fee Structure

How does the Virgocx.ca Tiered Rewards Program work?

The Tiered Rewards Program incentivizes users by offering reduced spreads (lower trading fees) as their trading volume increases. There are up to 9 reward tiers, with higher tiers receiving greater discounts on spreads.

Can I trade on Virgocx.ca using a mobile app?

Yes, Virgocx.ca is available on mobile, allowing users to trade on the go, deposit funds, and buy crypto assets instantly through their app.

Does Virgocx.ca offer a referral program?

Yes, Virgocx.ca promotes what it calls “Canadian best referral program” where users can invite others to the platform and earn rewards.

What is Virgo Market LIVE?

Virgo Market LIVE is a Chrome browser extension offered by Virgocx.ca that allows users to track cryptocurrency prices in real-time.

Where can I find Virgocx.ca’s privacy policy and terms of service?

Links to Virgocx.ca’s privacy policy and terms of service are available on their website, typically at the bottom of the homepage. Addressing the Legitimacy and Ethical Standing of Virgocx.ca

Does Virgocx.ca have a career section?

Yes, Virgocx.ca has a dedicated “Career” section on its website, indicating that they are hiring for various roles within their organization.

Is Virgocx.ca suitable for beginners in crypto trading?

Virgocx.ca emphasizes a “Simple and Intuitive Design” and offers a “Learn” section, suggesting it aims to be user-friendly for those new to cryptocurrency trading.

How quickly can I start trading after funding my account?

Virgocx.ca advertises “Instant Funding” via Interac e-Transfer, allowing users to start trading crypto within minutes of depositing funds.

What types of security measures does Virgocx.ca implement?

Virgocx.ca implements multiple layers of security measures, including robust 2FA, SSL protocols, stringent cybersecurity policies, and institutional-grade control on transactions.

What is PIPEDA compliance on Virgocx.ca?

PIPEDA (Personal Information Protection and Electronic Documents Act) compliance means Virgocx.ca adheres to Canada’s federal law governing how private sector organizations collect, use, and disclose personal information. Virgocx.ca: An In-Depth Look at its Features and Programs

Where are fiat assets held with Virgocx.ca?

Virgocx.ca states that users’ fiat assets (CAD, USD) are “securely held with our trusted banking partner in Canada.”

Does Virgocx.ca support OTC (Over-The-Counter) trading?

The presence of a “Wealth” link on the Virgocx.ca navigation, which links to “/en-otc,” suggests they offer Over-The-Counter (OTC) trading services for larger transactions.