Taurus Becomes A Premium Brokerage House

Dear traders!

Since the launch of Taurus Bitcoin Exchange in 2014, we have onboarded over four thousand users and have processed tens of thousands of transactions. Having analyzed the data during this time, we have concluded that the vast majority of our users are more interested in buying or selling bitcoins directly than in professional day trading.

Beginning February 1st 2017, Taurus will be operating as a premium concierge service for direct brokered sales of Bitcoin. You will be able to buy or sell bitcoins over-the-counter at flat rates.

We would like to request that all clients of our trading platform withdraw their funds before this time, as we will be shutting down said platform. We apologize for any inconvenience caused by this decision and would like to thank you for your business. If you are looking for an alternative exchange where you can place limit or market orders and track the bitcoin market in Canada, we recommend QuadrigaCX.

The Taurus Team
January 11th, 2017

INTERAC Online Is Operational

INTERAC Online, one of the most preferred funding methods on Taurus, is back. We apologize for taking longer than we expected. The integration with the new service provider has been completed.

If you are fully verified, please click here to make your INTERAC Online deposit. As per our earlier announcement, such deposits are reviewed and processed manually on the same day. We will be introducing automated deposits for trusted clients shortly.

February 15th, 2016

Affiliate Program

We are happy to resume our Affiliate Program that will help you generate passive income by referring active users to the Taurus trading platform.

You can locate your individual referral link in the Settings & Security section of your account. Share it on your website, blog or a social media account to start referring clients and earning 10% of all the Canadian dollar withdrawal fees generated by your referrals. You may withdraw the fees via one of our withdrawal methods or buy bitcoins.

Please refer to the following Terms and Conditions:

  • You will earn* 10% of the fees generated by your referrals for the entire lifetime of their accounts**
  • Fees are generated from referrals withdrawing Canadian dollars via Wire Transfer and Cheque
  • Only new sign-ups qualify
  • You cannot refer yourself
  • Taurus reserves the right to change the fee at any time
  • You can check your referral history in the History section of your account

* Please be advised that it is your responsibility to claim taxes on any earnings incurred according to the laws and regulations in your jurisdiction.
** If you negotiated a different commission rate previously, it will be applied with the new Affiliate Program as well.

We thank all the existing affiliates as well as aspiring partners for your patience and hope to have mutually beneficial relationships.

January 22nd, 2016

PGP Encryption

Dear traders,

We are happy to introduce our new feature: PGP encryption of email notifications. This feature enables an additional layer of security for your communications with Taurus by encrypting sensitive information sent to you in email notifications.

In Settings & Security scroll down to PGP Settings and simply paste your public key in the form. After submitting your key you can turn on or off the encryption functionality.

Additionally, if you'd like to encrypt all emails with us, please use our public key listed on Keybase:

January 13th, 2016

INTERAC Online Migration

Dear traders,

As of today Taurus is migrating its INTERAC Online services to another payment provider. INTERAC Online payments may be unavailable temporarily and an error may occur during an attempt to deposit.

The migration should be completed within two weeks.

We apologize for any inconvenience it may cause.

January 2nd, 2016

New Withdrawal Method: Cheque

We are pleased to announce a new way to withdraw Canadian dollars from Taurus: Cheques.

Cheques are a classic means of payment and are still widely used in commerce. Taurus issues Cheques within 2 business days and mails via Canada Post. Customers will be able to receive Cheques within 3-7 business days.

  • Fee: 1% on the amount (Min: 40 CAD)
  • Timeframe: 3 - 7 business days
  • Limits: 100 - 500,000 CAD

December 16th, 2015

INTERAC Online Policy

Due to INTERAC Online being a high-risk deposit method and as per the recommendations by our payment processor, all deposits will be approved manually going forward. The approval usually happens on the same day within a few hours making INTERAC Online the fastest deposit option along with cash deposits.

Please be advised that the very fist deposit is held for up to 24 hours for security reasons.

In the near future we will re-introduce automatic deposits via INTERAC Online for trusted customers.

We apologize for any inconvenience caused by this change.

November 27th, 2015

Bitcoiniacs: Fund Your Taurus Account With Cash

We are proud to partner with Bitcoiniacs The Bitcoin Store, the team that started the first brokerage and installed the world's first bitcoin ATM in Vancouver, BC.

Cash deposits are now easy to make thanks to the store's central location and full time availability. All you need is your Customer ID, Full Name and the amount in cash up to $9,999. The deposit will be credited to your Taurus account on the same day.

Please be advised that only verified accounts may deposit cash.

  • Waves Coffee House, 900 Howe St, Vancouver, BC, V6Z 2S9, Canada
  • Mon-Fri: 10am-9pm | Sat-Sun: By appointment
  • +1 (604) 727-0170 (SMS only)
  • [email protected]
  • Fee: 1% on the amount

September 25th, 2015

New Funding Method: Coupon

We are happy to add yet another funding method called Coupon. A "coupon" is a voucher that can be redeemed in your Taurus account for Canadian dollars.

To redeem a Coupon please go to the Deposit page and choose Coupon. Simply enter the Coupon code that was given to you and the redeemable amount will be credited to your account instantly.

You can also create a Coupon yourself. Pick the Coupon option on the Withdrawal page and enter the amount and the expiry date (optional). When a Coupon is created, write down or copy the code displayed. Give it to your friend so they can make an instant deposit!

You can set an expiry date for your Coupon such as 1 day, 3 days, 7 days, etc. The Coupon amount can be as low as $5 and as high as $999.99.

Happy trading!

September 24th, 2015

Wire Transfer Details Changed

Please be advised that the details for sending wire transfer deposits have changed.

On the Deposit page you will see the new details for sending wire transfers. Note that the details for domestic wires (Canada) are different from the international ones. The page also reflects the new flat fee of $20 CAD for deposits.

September 17th, 2015