Newnote Financial, a provider of crypto-currency related software products and services, has entered into a strategic partnership with Bitnik Reload, a solution for reliable automated bitcoin repurchasing, advanced reporting and bookkeeping.
Reload is a solution that binds user’s Bitcoin wallet to their account at a Bitcoin exchange so that whenever they spend from the wallet, the same amount of coins will immediately repurchased at their preferred exchange.
As part of the partnership, Newnote’s wholly owned Bitcoin Exchange, Cointrader.net, will join the Reload network.
Newnote CEO & President Paul Dickson said: "We’re very pleased to be part of the Reload network, Bitnik’s clever technology will certainly gain wider adoption as consumers move to utilize Bitcoin to purchase goods and services on a day-to-day basis."
Bitnik CEO Peter Trcek said: "It’s amazing how Reload, in one solution, offers both exchange integration for BTMs and enables users to re-buy Bitcoins automatically after making Bitcoin payments. Volatility is no longer an issue."