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Title: [ANN] BTC to FRC Exchange OPEN (Chinese & English Language) Post by: Bicknellski on April 27, 2013, 05:30:10 PM https://bter.com/trade/frc_btc
Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese Language) Post by: Nolo on April 27, 2013, 06:11:05 PM https://bter.com/trade/frc_btc That site looks really good. Just need an English translation now. It would probably take me a week to try to figure out how to even register with the site being in Chinese ;D Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese & English Language) Post by: Bicknellski on April 28, 2013, 05:18:44 AM It is in ENGLISH now!
Check it out. Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese Language) Post by: milly6 on April 28, 2013, 06:50:28 AM minimum withdrawal amounts:
10 LTC 100 FRC 100 PPC Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese Language) Post by: penta on April 28, 2013, 08:31:30 AM site is looking great hopefully a good replacement for cryptonit.net
do we know who is running it? Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese Language) Post by: Bicknellski on April 28, 2013, 09:19:23 AM site is looking great hopefully a good replacement for cryptonit.net do we know who is running it? Group of Chinese programmers... if you want to learn more email their support team and ask. At least one of them writes and reads very well in English from the emails back and forth we have had. Support Email: support@bter.com Admin Email: admin@bter.com On how they handle Demurrage: Quote I do understand the demurrage is calculated by the new block height and the old block height. We can do the same calculation as the Freicoin's client do. But by considering the large amount of potential users and operations of the exchange platform, we prefer a simpler way to guarantee a low load of the hosting server and low rate of potential mistakes. Yes, we charge a flat rate every day. We charge 0.017% a day which means accumulatively 6% per year. It's only 1% higher than Freicoin's one year demurrage 5% in case you put your coins on our platform for a year. We are still not sure if this small over-charge can cover our costs or not. Let's see. Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese Language) Post by: Bicknellski on April 29, 2013, 03:14:36 AM Definitely nice volume even outstripping their BTC CNY and BTC LTC trading floors already. There is definitely a solid base of traders that are keeping exchange rate for FRC between 0.0009 and 0.0004. This means profitability at www.coinchoose.com flutuates above 100% so that is a good thing for those with smaller miners who are experiencing drops in pool earnings on BTC making FRC a viable alternative.
Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese & English Language) Post by: Arbitrageur on April 30, 2013, 08:44:04 AM this new exchange looks nice... let's see if it gets trustworthy too, the chinese market is huge, these guys could make a difference! where are the servers located? any possible confiscation/intervention like it happened for btc-24 (based in poland)?
Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese & English Language) Post by: Bicknellski on April 30, 2013, 09:01:59 AM this new exchange looks nice... let's see if it gets trustworthy too, the chinese market is huge, these guys could make a difference! where are the servers located? any possible confiscation/intervention like it happened for btc-24 (based in poland)? Very good points. Maybe I can ask via email... any other concerns? Make a list and I will see if I can get the devs there to answer. Title: Re: [ANN] BTC to FRC Exchange OPEN (Chinese & English Language) Post by: Bicknellski on May 01, 2013, 08:27:12 AM Type ..................Last ................High..............Low...................Volume
FRC/BTC........... 0.00044 ......0.00046 ...........0.00037 ..........42780.4 Volume pretty nice... for FRC and FTC... not bad at all. Type ................Last...............High....................Low................. Volume FTC/BTC.........0.00138 ............0.0016 ...........0.00117..........78142.9 |