Details

Last Funding Type

Seed

Last Funding Money Raised

$2M

Industries

Bitcoin,E-Commerce,Finance,Financial Services,Payments,Virtual Currency

Founded date

Jan 1, 2014

Number Of Employee

11 - 50

Operating Status

Active

BitoEX has successfully blazed a trail in financial services by collaborating with more than 12,000 convenience stores across Taiwan. The achievement was unprecedented that BitoEX’s trading business via convenience stores was remarkably approved by Central Bank of Taiwan. Further, BitoEX is the first ever company which is able to issue an invoice by each Bitcoin transaction in convenience stores. The trend of sales indicates that people trade Bitcoin via convenience stores more than 20% growth monthly and still continue to rise vividly.
BitoEX has been ranked number one in Bitcoin market shares in Taiwan. BitoEX is looking ahead to diversify business in inventing new pricing systems and facilities for commercial markets.
Noticeably, BitoEX targets to develop a significant foothold and invent the premium e-business in Asia. BitoEX will continue to pursue strong growth in Greater China, Japan and Southeast Asia market.