Since the exchange doesn't have a status thread, I'm posting an e-mail message from them regarding status:
From: *@cavirtex.com
Subject: cavirtex.com News Announcement - Jun 15 2012
Date: Fri, 15 Jun 2012 19:42:06 +0200
1. Beta launch of Payza.com (formerly Alertpay) for withdrawing funds!
2. Beta launch of Canada Xpress Post Bank Drafts!
3. Updated Cash Deposit Policies, Change of Royal Bank Account Number and the addition of Bank of Montreal
Our July 1st anniversary is approaching and to date we have traded nearly $1.5 million CAD and we are only getting busier! If you have not been to our site in a while, come back and check us out as we have many exciting changes underway!
1. Beta launch of Payza.com (formerly Alertpay) for withdrawing funds - June 18th 2012
VirtEx has entered into a partnership with Payza (formerly AlertPay) so you can now sell Bitcoins on VirtEx and withdraw the CAD to your Payza account! You do not need to be verified by VirtEx to withdraw with Payza.
With over eight million users, Payza has a credit card that you can load with funds, effectively turning your Bitcoins into a credit card balance within hours! You will not be able to fund your VirtEx account with Payza but there are many other options for withdrawing your funds from Payza. Visit
www.payza.com for more details and to open an account.
The fee to withdraw from VirtEx is shown in the table below; however, as part of our exclusive partnership with Payza, you will not be charged any additional fees by Payza to receive the funds.
Withdrawals: $25 to $10,000
Verification required: No
VirtEx Fee: $25-$500 = 3.0% Fee, $500.01 and above = Flat Fee of $15
When our beta is over we will officially launch this withdrawal method on our site. During beta, you must e-mail us (
admin@cavirtex.com) your request to withdraw with Payza and include:
1. The gross amount you wish to withdraw
2. Your Payza account email address
All Payza transactions will be processed at 4PM (MST) six days a week (Mon-Sat). We do have plans to automate the withdrawals with Payza's API to make them instant and available 24/7 once the volume of requests increases. In the meantime, you can phone us for an instant rush Payza withdrawal for an additional $5 administration fee.
2. Beta launch of Canada Xpress Post Bank Drafts
You can now sell Bitcoins on our exchange and withdraw the CAD as a bank draft which we will mail to you via Canada Xpress Post! You do not need to be a verified user to use this option.
When our beta is over we will officially launch this withdrawal method to our site. During beta, you must e-mail us (
admin@cavirtex.com) your request to withdraw via Bank Draft and include:
1. The gross amount you wish to withdraw
2. The name the bank draft is to be made out to
3. Your mailing address if you are an unverified user or if you would like it sent to a different address then we have on file for verified users (this can be uploaded through our secure server as well)
4. Special Instructions for signature. The default send type will be no signature required.
The fee for this service is $40 and includes:
1. Bank draft fee (1 bank draft per withdrawal, additional bank drafts are $10)
2. Xpress post postage to any address in Canada
3. Our administration cost
An additional $40 administration fee will be charged in the event you need us to cancel the un-cashed bank draft.
Bank draft withdrawals will be processed once per week (on Mondays) during beta. You must submit your request before 8AM MST each Monday to make the cutoff for withdrawal. Xpress post delivery times are typically two business days so you should receive your draft the following Wednesday. Xpress Post tracking numbers will be emailed to customers Monday evenings.
Withdrawals: $50 to $9,900
Verification Required: No
VirtEx Fee: $40
3. Updated Cash Deposit Policies, Change of Royal Bank Account Number and the addition of Bank of Montreal
You can now go in person to any Royal Bank or Bank of Montreal and make a cash deposit to fund your VirtEx account!
We no longer accept any form of online transfers to our bank accounts due to the potential for fraud/identity theft. All cash deposits must be made in person or by wire transfer. If a deposit is received through any kind of online customer to customer transfer, it will be rejected and returned to the account holder.
Our Royal Bank account number has also changed, please use the updated account number below. We will no longer be accepting deposits to our old Royal Bank account number as of June 22, 2012.
You must still make a cash payment notification from the Deposit Funds page PRIOR to making your cash deposit and it must be for the exact amount of your deposit including the cents portion matching the last 2 digits of your account number.
The teller should not charge you a fee to make your deposit as our account plan covers the fees to accept deposits. If they insist on charging you a fee ask for a manager and explain this to them. If you are still charged a fee, please send us the deposit receipt by e-mail to
admin@cavirtex.com and we will have our bank manager contact that branch to avoid any fees in the future.
Always ask for and keep your cash deposit receipt. You can email a photo of your deposit receipt for faster crediting to your account. If you do not email your receipt to us, it will be processed by the next business day for Royal Bank. BMO cash deposits will be processed the same business day.
When making a deposit use our legal company name (1612643 Alberta Inc) and account numbers shown here:
Royal Bank
Transit#: 00563
Account#: 1003722
Institution ID: 003
Bank of Montreal
Transit#: 25009
Account#: 1051484
Institution ID: 001
