CoinBurp Launches New Custody Integration with BitGo

London-based cryptocurrency trading platform CoinBurp launches new integration with BitGo Trust Company (BitGo), offering customers secure and insured qualified custody with BitGo’s pioneering multi-signature security.

London, UK, August 5th, 2020 – CoinBurp, the cryptocurrency platform based in the United Kingdom, is announcing their integration to BitGo, one of the world’s largest cryptocurrency custodians  – enabling the addition of new coins and faster confirmation times. A $100M policy covers digital assets when held with BitGo Trust in qualified custody (cold storage)*.

Peter Wood, CEO and Co-Founder of CoinBurp stated: “We’re massively excited to be able to partner and integrate with BitGo. Their solution and security is unparalleled and they have experience working with some of the largest crypto companies and institutional investors in the world.  For us, this integration will mean that our clients’ assets are secure and they have a range of coins and tokens to choose from. It will also provide our clients with faster trading and better uptime.”

The integration with BitGo comes after CoinBurp has just finished an investment raise via Crowdcube, making this the second milestone reached with the raised funds in two months. It also released the new Android and iOS apps last month. Trading volume and traffic shows a growing start-up, with user satisfaction in the platform skyrocketing. CoinBurp is now ranked as the number one cryptocurrency platform, according to Trustpilot UK.

“I’ve met with the CoinBurp team and I’m genuinely not surprised at the growth CoinBurp has seen in the past few months, given the enthusiasm of both their team as well as their investors, the raise they just completed and now the integration with BitGo – which will surely help them achieve continued success in the future.” added Darren Jordan, Managing Director, Institutional Sales at BitGo Europe.

ABOUT COINBURP

CoinBurp is the British and European way for cryptocurrency buying, selling and spending. With GBP instant deposits and withdrawals as well as EUR support and some of the lowest fees and easiest sign-up procedure. Ranked as one of the fastest growing cryptocurrency platforms in the UK and ranked number #1 most liked and trusted cryptocurrency platform by Trustpilot UK.

Full details about the new app and can be found at https://app.coinburp.com

ABOUT BITGO

BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions. In 2020, BitGo launched Prime Trading and Lending, as well as BitGo Portfolio and Tax, providing clients with a full-stack solution for digital assets. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes over 20% of all global Bitcoin transactions, and supports over 250 coins and tokens. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and institutional investors and spans more than 50 countries. BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.

Custody services are offered through BitGo Trust Company, a South Dakota chartered trust company. BitGo is not registered with the SEC, and does not offer legal, tax, investment, or other advice.  Please consult your legal/tax/investment professional for questions about your specific circumstances.

*Digital assets insurance under BitGo Trust only applies when private keys are held by BitGo and certain conditions are met. For more information, please check with a BitGo representative.

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