Mt.Gox is one of the world’s biggest Bitcoin exchanges that facilitates the trading platform for Bitcoin for local currencies across the world, quickly and securely. MT.Gox was founded in the year 2010 by Jed McCaleb and is based in Shibuya, Tokyo, Japan. Customers of Mt. Gox have atleast two sub-accounts one for bitcoins trading and one for their local currencies. Bitcoins can be purchased using the funds from the customers's bank account to their Mt.Gox account
Funds of the Bitcoins can also be withdrawn in local currency to the customer’s bank account.