We’re proud to announce that last night we deployed BitcoinFundi Beta and between now and September, we’re going to be giving people access to it. If you have already signed up and would like to get access to BitcoinFundi Beta, then you should activate your account first.
It’s important to point out that those who are activating their accounts now are early adopters. They will be among the very first people outside our organisation to get access to the Exchange. The challenge of being an early adopter of course is that you’re likely to come across some bugs. But don’t worry, this will not be anything serious enough to kill your cat, or burn your house.
Being an early adopter also means that you will have a strong voice and influence in what future versions of BitcoinFundi will be like. The potential use cases for BitcoinFundi range from remittances and reverse remittances to day trading and arbitrage and we want to learn about what you’re more interested in and how we can make BitcoinFundi more useful for you so please reply to this email to share your opnions and ideas.
What we have been working on in the last 6 months
- The first version of BitcoinFundi was launched in February 2015. It also got it’s first few transactions in that month. But we decided to take it down in that same month.
- The first release was taken down because we were not happy about the overall security of the Bitcoin Exchange itself, and how securely the Bitcoins were being stored. We then went on to spend the next 6 months working on a major overhaul of our security. The process even involved having a few one-on-one office hour sessions with an AWS Solutions Architect from Amazon and partnering with our friends at BitGo, whom we now regard as the world’s foremost experts on Bitcoin Security.
- From a functionality standpoint, BitcoinFundi Beta does not have any features that were not on the first release. We spent most of the first last 6 months focused on security.
- In the past 6 months, our team has grown from 3 people to 10. We now collectively have decades of experience in programming & entrepreneurship and years of experience in building on top of the blockchain and building trading systems. We recently had to pay one of our team members in Bitcoin because he is living in a different country and Bitcoin is the best way to send money across a border. You should see how much money we saved in fees if you still have any doubt that Bitcoin has made the world a better place.
Today we get back to working towards the our next milestone — next version of BitcoinFundi. We’re calling it BitcoinFundi RC1.
Golix is an exchange but we are different. Our customers use our platform for remittances to and international payments from Africa.