This is Will from Novauri.
I am writing here today to announce that we are accepting sign ups for our closed beta release, which is on track for March or April of 2015. Our rates will be extremely competitive, and if you sign up now, we'll waive your transaction fees on bitcoin purchases and sales forever.
We are building a bitcoin purchase and sale service that will initially be available in the US. The difference between us and other services? We don't require you to hand us control of your money. You keep your private keys.
Click here to sign up for Novauri with no transaction fees for the life of your account.But please read on...
It really bothers us that every major service today that lets you buy and sell bitcoin also wants to control your private keys. It bothers us even more given that these same services have started to freeze assets in the name of "KYC". Of course that's completely ridiculous, as the controls for knowing your customer are supposed to be when you open your account, not as an excuse to keep your money after you've made a deposit.
Why should you trust a bitcoin bank that has never had an independent financial audit of both fiat and bitcoin that insures a tiny fraction of total deposits? Especially when so many of them have been hacked?
Equally scary is the alternative, using a service that matches you with a local stranger who hopefully is honest and not a violent criminal.
Well we think that not having a choice sucks, and this is why we are building Novauri. Our design philosophy is simple: build a bitcoin purchase and sale service that builds on bitcoin’s strengths and keeps users in control of their money. With Novauri your money is fully controlled by you. We don’t pool funds or have access to your private keys. Novauri runs on proven technologies and is designed from the ground up by a team with many decades of experience building high risk financial products. Security like two-factor authentication and secondary passwords are standard.
Oh, and there's another thing. Because we don't pretend to be a bank, we don’t have to pay for the expensive security and insurance required to keep shared deposits safe. Our average prices will be lower than competitors because we are designed to be safe and don’t act like a bitcoin bank.
We believe the community wants an alternative that respects you enough to let you control your money. Please sign up for our beta to prove the demand is there. Our beta will go live in March or April of 2015.
Please show us your support and sign up. We won't spam you with email, and will keep what little information we are asking for safe. Thanks.
