About Us
Xagau.com is a Bitcoin exchange. Xagau.com was formed in 2011, it was formerly known as XBtc.ca. In 2016, it was merged with Xagau.com and run under that name brand. The exchange was conceptualized 2012. The code base and core processes of the exchange were developed throughout the latter half of 2012 and soft-launched in 2013. We intend on beginning commercial operation sometime in 2014 or 2015.
The exchange offers an implementation of private currency exchange platform. Our exchange is designed and targeted at the Canadian market.
Our goal is to facilitate trades between Canadian Dollars and Bitcoins in the local Canadian market.
Our service is presently being operated on a service only basis to registered MSBs in Canada.
How to Fund Your Account
Register an account.
Provide proof that you are a registered MSB in Canada. For MSBs in other countries additional paperwork or information will be required before activation.
You may fund your account by depositing the Bitcoin (BTC) directly to the address in your account.
Note: We no longer allow the funding of accounts by bank cash deposit method.
Account Requirements
All transactions, account operations, and requests are processed on a best effort basis according to FINTRAC regulations regarding AML.
Accounts with aggregate deposits or withdrawals held on account worth more than 2500 CAD must have their accounts verified before further withdrawals or cash deposits may proceed.
VTM Fee Structure
Buy BTC | Fee | Processing Time |
BTC | MARKET + Client Defined Percentage | Instant |
Sell BTC | Fee | Processing Time |
Cash | MARKET - Client Defined Percentage | Instant |
Deposit Fee Structure
Deposit Type | Fee | Processing Time |
Gold | Earn Up to 5% Extra | Instant |
Cash | Free | Instant |
BTC | Free | Instant |
How to Withdrawal Money
We currently offer to several ways to withdrawal funds.
All Bitcoin withdrawals under the withdrawal threshold amount and quantity are processed automatically.
Redemption Fee Structure
Withdrawal Type | Fee | Processing Time |
Cash | 2% Handling Fee | Size and Liquidity Dependant |
BTC | MARKET | Instant to ~1 Business Day |
Other Fees
After the promotional period ends, fees are calculated at either a fixed rate or a percentage rate, whichever is higher.
Fee Type | Fee | Processing Time |
Market Order | Free | Instant |
Limit Order | Free | Instant |
Reset 2FA | Free | On Demand |
Zero Trade | Free | On Demand |
Maintenance | By Assessment | On Assessment |
Compliance | By Assessment | On Assessment |
How to Verify (C2C) Online
Send an email to https://www.louiibtc.com/ with the subject line "VTM Candidate" for more details with the following information:
- Requirement 1: A copy of your articles of incorporation.
- Requirement 2: A copy of your MSB registration.
- Requirement 3: Proof you are legally allowed to provide services as an MSB. (We do not accept expired MSB registrations)
- Requirement 4: A colour, high resolution copy of 1 valid piece of government issued photo ID. All edges must be clearly defined and uncropped.
- Requirement 5: A colour, high resolution picture of you holding the government issued photo ID presented in requirement 1. All of your face and ID must be clearly visible.
- Requirement 6: 1 official document (utility bill, bank bill, tax letter) showing your home address. Your document must be less than 3 months old.
- Requirement 7: ID must not be expired. Your ID must have at least 6 months until expiry.
- Requirement 8: Provide a contact phone number where you can be reached at.
- Requirement 9: Contracts: Mutual NDA, idemnity agreement, and service contract.
Note: All requirements must be satisfied to obtain a verified status
Contact Us
You may contact us by contacting us online. Please visit https://www.louiibtc.com/.
You contact support desk here If you are interested in becoming an Agent Location hosting our VTM/Kiosk solution, please visit https://www.louiibtc.com/ for more details
All VTM/Kiosk operators are required to provide us with some security; as well be able to demonstrate experience as a reliable, professional trader or equivalent MSB.