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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Tech

TechX Technologies Inc. names new CFO, says portfolio company, Catalyx Exchange has launched platform offering fastest Bitcoin purchase and withdrawal in Canada

Catalyx CEO Jae Park said: "Unlike other crypto platforms, which can be daunting for new investors, FastBitCash allows users to easily buy and hold bitcoin instantly with limited KYC for amounts up to $1,000"

TechX Technologies Inc. (CSE: ECX) (OTCMKTS:TECXF) (FRA:C0B1) has named a new chief financial officer and also announced that its new portfolio company, Catalyx Exchange has launched FastBitCash.ca, a platform that offers the fastest Bitcoin purchase and withdrawal in Canada.

Catalyx.io, which is Canada's premier cryptocurrency exchange with over 40+ Altcoins available for purchase, launched FastBitCash.ca to provide non-crypto traders with a fast, secure, convenient and fully FINTRAC compliant Bitcoin purchases and withdrawals platform.

"We are very excited about the launch of FastBitCash.ca, which offers the fastest bitcoin purchases and withdrawals in Canada," said Catalyx CEO Jae Park in a statement. "Unlike other crypto platforms, which can be daunting for new investors, FastBitCash allows users to easily buy and hold bitcoin instantly with limited KYC for amounts up to $1,000."

READ: TechX Technologies touts February growth of cryptocurrency exchange investee CatalX

FastBitCash Key Features are:

  • Fastest bitcoin purchase and withdrawal in Canada
  • Purchase up to $1,000 with limited KYC
  • Buy bitcoin with Interac or EFT
  • Lowest transaction fees in Canada
  • Cutting-edge and hack-proof cybersecurity
  • Trustworthy and fully compliant with FINTRAC

Catalyx.io is a Canadian-based is a digital asset exchange platform that specializes in cryptocurrency trading, blockchain and cybersecurity technology. As a fully regulated cryptocurrency exchange with FINTRAC, Catalyx has the highest standards in security and compliance and is partnered with world-trusted names in Blockchain technologies, risk management and financial solutions to provide their users with a trusted, secure platform. Catalyx is the first Canadian exchange with its own stablecoin called CADX and supports 40+ cryptocurrencies.

New finance appointment

TechX also announced the appointment of Zara Kanji as its chief financial officer and Kelly Pladson as corporate secretary effective immediately.

The company noted that Kanji has served as director and officer for several listed companies and has been part of teams that have facilitated several financings and acquisition transactions. She is a Member of the Chartered Professional Accountants of British Columbia since August 2003.

It also announced the grant of an aggregate of 300,000 incentive stock options to the officers of the company. The options are exercisable at $0.46 per share for a period of five years from the date of grant and have been granted under and are governed by the terms of the company's incentive stock option plan.

TechX Technologies is a company focused on emerging technologies across growth sectors including crypto, blockchain, AI and cloud technologies. Led by senior leaders and industry experts, the company invests in and provides subject matter experts within portfolio companies to accelerate success and maximize value for shareholders.

Contact the author at jon.hopkins@proactiveinvestors.com

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