New Currency Exchange Ruxum Saves Digital Currency Bitcoin

New Currency Exchange Ruxum Saves Digital Currency Bitcoin

The Bitcoin was waning in popularity when it launched two years ago. Now, thanks to a new currency exchange service called Ruxum, the digital dollars might have a chance at becoming global.

Don Michael Acelar De Leon
  • 4 august 2011

After two years of mediocre response from financial traders, the digital currency known as Bitcoin, is beginning to garner some serious attention.

An attractive currency exchange service called Ruxum is designed to operate in Bitcoin.

Ruxum currently supports trading in U.S. dollars and a number of Asian currencies including the Japanese yen, Singapore dollar, Hong Kong dollar and Thailand Baht. While it is still in private beta mode, it is slated to support euros, pounds and sterling, and it will be the first to trade the Swiss franc.

Ruxum CEO Chad Pankewitz explains:

With all these trading markets consolidated in one exchange for the first time, it will give customers and traders brand new opportunities for Bitcoin arbitrage across currencies and global markets. Bitcoin itself is inherently global, it crosses social and language differences allowing anyone, regardless of location or nationality to easily make payments to anyone else in the world. We want to facilitate, extend and enhance this concept by providing a global, multi-currency exchange where people can buy, sell and trade Bitcoin around the world with ease.





Fitness Advocate: Paving The Future of Workouts With Audio

Fitness & Sport
Innovation Today

After The Initial Success Of AR Gaming, What Does The Future Hold?

With Pokemon GO earning up to $10m a day, R&D departments are busy searching for the next phase

Arts & Culture Today

The Next Great Art Movement Will Come At The Swipe Of A Finger

An improved app, optimized digital display and monthly art discovery service round out Electric Objects' renewed commitment to democratizing the art world


Get PSFK's Related Report: Future of Automotive

See All
Retail Today

A TV Streaming Service Is Designed Just For Kids

Toca TV is a new platform offering thousands of original and curated children's videos for a monthly subscription fee

Travel Today

Bus Stop Transformed Into A Fitness Station For Commuters

Sports drink company Lucozade live-streamed an athletic trainer working out at a stop in Manchester to encourage travelers to get moving

Technology Today

Shiseido And Microsoft Have Created A Makeup Filter For Women Who Telecommute

The Japanese cosmetic company built an augmented reality app that works alongside Skype for Business

Mobile Today

Samsung Is Using AR To Help Beachgoers Stay Safe

Pocket Patrol utilizes a phone's camera to promote beach safety and educate people about hidden hazards

Design & Architecture Today

500 Plastic Chairs Used To Create A Recyclable Pavilion

Design agency CODA built a grandoise art piece from simple lawn furniture


Future Of Automotive
Scenarios Driving The Digital Transformation Of An Industry

PSFK Op-Ed october 21, 2016

Health Expert: Nutritional Meal Replacements Are A Solution To Corporate Wellness

Ample Foods Founder Connor Young explains why supplements are the next food trend coming to the workplace

PSFK Labs Today

The Keys For Exceptional Performance On And Off The Field

PSFK Labs' new report highlights five important insights for businesses to perform better than the competition

Retail Today

Exchange Your Old Razors For New Ones At This Bartershop

The subscription-based shaving company lets customers trade their unwanted razors for Harry's brand steel at a temporary New York pop-up

Food Today

A Brewer Has Created The Most Expensive Chips To Snack On

St. Eriks Brewery created crisps made from rare mushrooms to go with its artisan beer, donating all proceeds to charity

Op-Ed Today

Marketing Experts: Millennials And The Power Of Cool

'Good Is The New Cool' Authors Afdhel Aziz and Bobby Jones share their 7 principles for branding with a social impact

Travel Today

Melbourne Hotel Lets Guests Stay In Their Own Chrome Airstream Trailers

Notel is a luxury rooftop with six guest rooms made from vintage 1970s mobile homes

Sustainability Today

Swedish Citizens Get A Tax Break For Repairing Old Goods

A sustainability initiative encourages people to fix, rather than replace, broken objects

Fitness & Sport Today

How Precision Data Can Make Anyone A Better Performer

The Sports Debrief from PSFK Labs looks at how analytic tools are being developed to optimize human performance across all industries

Home Today

You Can Now Buy Furniture From A Daytime TV Show

Home furnishing online retailer Wayfair is partnering with Lifetime to create a shoppable life improvement television program

No search results found.