Bitcoin Forum

And another FTC Exchange is available!  :)

On Bter.com (https://bter.com/trade/ftc_btc) you can now exchange Feathercoin <=> Bitcoin. Let the FTC rise!  :o

Never heard of that one, how long have they been doing other currencies?

Well This is interesting.. I'll check it out.  It looks good.  A chinese  firm?

It actually looks like a great platform!

Hey, Passion,  I see they have thank you announcement to you>  you helped with the ftc end?

I don't know for how long already. But they seem to be legit. ;) Currently transferring my FTC over. :)


Yep. I suggested to add FTC and also transferred some FTC to test the system for them. ;)

Well some of the buy offers are really high.. 0.001 and 0.003 btc/ftc?  wow that's alot!
.003= 44 cents a feathercoin!

The buyers decide the value of FTC. :)

But here's the thing.. there are listed buyers at that price and sellers at that price.. but no trades happening?  I don't get it right now.

the only buy order is at 0.00010 for 16,938 FTC

sell orders are at 0.00300

the ironic thing is I spent ages today programming my site to use cryptonit for FTC price, I could have used these guys there API is like 10000000x simpler then cryptonit

ill add it as a fallover though, cant have enough fallovers imo...

The exchange is an hour old. Once we have people using it the price will be decided.

This exchange has been handling the adoption of Freicoin EXTREMELY well for the past 2-3 days now.

Have no doubt it'll be the replacement for Cryptonit, just as it was for FRC too.

anyone withdraf funds from there? everything working?

Can confirm I successfully withdrew funds (BTC) from there yesterday, payment was extremely quick.

https://cryptonit.com  = LTC/FTC
https://x-bt.com  = LTC/FTC  (although a ghost town)

https://bter.com/ = FTC/BTC

so they are going against the trend as well...

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 problem of confiscation/intervention like it happened for btc-24 (based in poland?)

Well The site's ip address is in the USA,  so maybe that will prevent such a thing.

Superb service! Absolutely superb

Hopefully it is reliable and is stable. FRC users glad that BTER was there. Things have improved 100% since using the previously "broken" exchange that had not BTC <> FRC and the volume in FRC has never been higher. Careful and cautious you never know with new exchanges but so far so good.

This is very exciting.

Once more people confirm the site as having no problems withdrawing coin, more people will use it, then prices get in order, then we have a legit trading platform, then btc-e will probably add ftc, then ftc quickly becomes a legitimate 3rd coin in the eyes of many.

I deposited a small amount of FTC as a test, showed up quite quickly. Placed an order, seemed pretty painless. So far so good. certainly no lag at this early stage.

Seems like an alright exchange. Now it just needs popularity, not really any trades going on yet.

The buy/sell prices have yet to find a happy medium. FTC is a bit low, people are being cautious.

I just signed up a few minutes ago. Some guys in the BTC-e chat told me about it.  I like the site pretty well so far.  And good volume and market depth...bid/ask spread is not too high. I transferred in some BTC and bought some FTC for fun (and profit).

anyone received a withdrawal successfully yet?

No, and it's also not letting me withdraw with more than 1 digit significance.

I have 14.21999485 BTC but I can only withdraw 14.2. Any extra numbers I put in there get immediately removed.

what kind of withdrawl?   Or asking about any kind?

I just transferred some more BTC in there from Bitstamp. I'll try to send some of it to CampBX to see if can get the BTC out.

Basically any, but especially interested in BTC/LTC

They process the withdrawals manually apparently.. hmm. not sure what to think of this.

the buy sell looks odd. For example, I saw two sell orders at .00159 and two buy orders also at .00159, but no transaction was taking place. I then also tried to sell a few ftc for .00159 and it would not complete a transaction for around 5 minutes. Only when i lowered to .00158 did my sell order complete. I didn;t sell enough ftc to reach the .1 limit so I cannot comment about withdraw potential problems or not though.

There is a withdrawal problem! This automaticly ajusting to 0.1 => ex.: you can't withdraw 0.16, but only 0.1 or 0.2 or 150.3 ...

edit :

yeah...

Yes it says:  "After receiving your request, we will confirm it and send it to you manually. Please be patient."

I think they do that for security purposes.  I usually can't stand this type of thing where they delay your withdrawls with BTC price being so volatile.  But maybe a good sign for a new site that I don't totally trust yet.

I'll just have to not transfer any BTC unless the price in a slow steady uptrend (like it is at the moment).  However if a withdrawls takes 24 hrs, that is just too long to be practical for those who don't like to hold our BTC through big drops.

Oh well I like the site so far and will be curious to see if it's inevitable popularity helps the price of FTC rise.

They seem to have decimal place issues.  Like I bet some of the sell orders were at .001598 and the buy orders were at .001595 so maybe that's why they didn't connect..I'm just speculating here.

This is nice...i just noticed it:

"Announcements
Promotion: Bter.com trading is free. There will be no 0.1~0.2% trading fee for one month. (Offer will end May 27, 2013). "

Can confirm I withdrew 1btc .. took only a very short while for them to send it. But took about an hour to get the first confirmation on my withdrawal - not sure why and I was not charged a withdrawal fee strangely. I'm not an expert with a block explorer so not sure how to tell if they paid a transaction fee for me or not.

Hopefully the "manual withdrawal" is just a temporary security measure.

Also hopefully they fix the problem with being able to withdraw and trade using more decimal places.

Finally, like others, I can't understand why there are sell and buy orders for matching values (FTC/BTC 0.00159) but the trades don't seem to happen.

But otherwise so far a fairly appealing experience - I am pretty impressed with this exchange on the surface at least. Hopefully they will fix these problems.

Ok that is encouraging and I'm having problems with confirmations taking too long all morning with moving BTC around with multiple sites, not just this one.   I swear that is one of the biggest drawbacks of BTC..such a hassle waiting for a couple of hours just for your funds to be moved.

Better than cryptonit...cant withdraw my FeatherCoins, there is no code to scan for google authenticator ): it keeps asking me for the code when i want to withdraw, but theres no code at all to scan or enter in.

Open it up in chrome. In opera it didn't work for me either.

Anybody got their BTC out of BTER yet?

Still "processing" here...

They have to accept each transaction manually. So it takes a little time.

That was in chrome. After clicking "waiting authorizations" nothing shows up except a box to enter a code. There is no way to get that code.

I am aware of this, but I find it questionable that they hold the BTC due to the price volatility. I want to cash out now, but this exchange is holding them for an unspecified amount of time. IMO this causes bad rep for them.

I know one of the guys who run this, they're an honest group from China.

It is sure to be much, much better than cryptonit.net ...

Be careful of Cryptonit ... deposited FC there and after 150 confirmations and 2 days it has still not been credited to my account

Sent "them" (him, really, it's just one guy, mugen) proof of my transaction and everything

No reply to E-mails
No reply to ticket

You need to install the google authenticator program on your pc, iphone or android phone. After that you can setup your account to work with cryptonit, and then withdrawals are instant.

It is on my phone. Scanned the QR code when it asked to set up. That was the only barcode there ever was. Now it always asks for a code, but that one from the barcode does not work. I am now stuck without knowing the code to authorize withdraw. Dislike this site.

15 minutes and counting on my .1 BTC withdrawl test still awaiting processing. Will update results.

You are using the Google Authenticator app, right? You didn't just scan the QR code with a code reader and try to use that, which is what it sounds like?

I am using the google authenticator app. The "GA login" said to scan the code, so I hit "Scan code" on the app and it gave me the barcode scanner thing, so i scanned it. Got the code, and that was all...now that code I got doesnt work..

I can confirm that I am already waiting close to 2 hours and its still "processing".


The app should refresh the code every 20 seconds or so. If it doesn't do that, you probably didn't setup the Google Authorization App properly. You should have scanned the QR code within the app, after which you will have a code appearing in a screen that says "[username]@CryptoCoin Exchange", with a code of 6 digits refreshing eero 20 sec.

thanks for the update boxman. Now I know I should just go to bed and not expect it anytime soon. Im in the USA and stayed up all night. Very sleepy.

I didnt get that. After scanning the QR code, I got a code, it did not say any username or whatever. And that code doesnt work, so, I cant even "reset" it on the site to try and setup it again ):

No offence but you should've made sure all was working properly before sending a serious amount of funds that way.

Now you'll probably have to wait for the support.

Didnt know it required some dumb thing to withdraw. The authenticator works for my email..not for this. Logged a ticket already, support is slow. Will never use this exchange again..

Just a little update: mugen replied finally and solved the problem
Cryptonit.net has some problems but they're certainly not a scam

Seeing that the local time in China is now 23:23, they're probably sleeping. And as they have manual withdrawal, I have to wait for at least 8 more hours to receive my BTC.

A quick calculation shows that this joke has already cost me about 70 USD due to market volatility - I could've cashed out hours ago.

Which is fucking outrageous. I will not use this exchange again. Dipshits.

You could try entering that code manually into the Google Authenticator app to set it up properly.

I'm having the same experience as you. I won't be using it again either unless they fix this. I already told one guy on BTC-e asking about it not to bother.

Lowe and behold! My 14BTC finally transfered, after 3~4 hours. Cost: 70 USD.

Shame, because trading is actually quite nice. Won't be back there unless the payouts become automatic.

Doesnt work. Best I can do is wait for support i guess.

The one decimal place withdraw blows!  That need to be changed.

You can cheat them. I quickly entered up to three and then rammed the button, it accepted 14.219 here.

I wouldn't call that cheating then as their restriction in the textbox field is really cheating us.

I have an small BTC deposit with 10 confirmations now that has yet to be credited to my account (which they claim happens automatically after 4 confirmations)... be careful.

LOL.,
New exchage that exists less than a day and you're outraged that their free service is not like you expected?
Life must piss you off pretty often if this caused an outrage..

This sucks, I can't withdraw 0.13, only 0.1 :/

Read the post before your one.

well i woke up and my btc was successfully withdrawn from the site to my wallet. I waited around 2 hours before taking a nap, and it went through in my sleep.  My wallet says I got the transaction about 3.5 hours after I requested it. Slow, but unless you are looking to immediately trade your btc on another site, it is good enough to get the job done. Sure, the site definitely has some rough edges, but this is still overall a step in the right direction for FTC.

You can now do up two three number, was able to withdraw 0.204 BTC.

On withdrawing some FTC I was apparently charged a 0.2% fee - however I don't see any mention of this fee anywhere on bter.com

EDIT: I am however very glad to say decent quantity of FTC withdrawal was otherwise successful.

I disabled java and am attempting to withdraw btc with 7 decimal places. It is of course going to take a while to know if it transfers, but I DID get past the initial attempt, and it is in processing so far so good. Will reply back with results

UPDATE: All 7 decimal points of BTC successfully transfered to my wallet. Porcessing was only around 15-20 minutes this time. Very pleased.

FTC has transfer fees just like other crypto coins, and it depends on the kb size of the transfer, my wallet is often charging me fees when I send FTC somewhere. So it would be crazy for an exchange that isn't charging transaction fees for trades, not to have some sort of a withdrawal fee, else the would have to fork them out of their own pockets. It would be nice to know what the exact fee is.

Actually they are not the same price as it's shown because It only displays 5 decimals while the precision is 8 decimals.

we attempted to avoid the network fees in this way. Now you can type in 3 decimals in stead of 1. I hope you are happy now.

Crypto-currencies are credited within 1 minute after accessing this page or "My funds" page and only after 4 confirmations of the transaction in the network.

Sorry we forgot the mention the 0.2% withdraw fee on FTC withdrawal page. We have done so.
You can PM me if you did the withdrawal before we mention the fee. I will refund your fee.

Thanks I have sent you a PM.

fee refunded.

Great exchange, BTC showed up after an hour, trade went fast... but then I couldn't withdraw my FTC. Appearantly there's a limit of 200(?!?!) for withdrawls?

The site just went offline. This is creepy.

Why creepy?

Sites have small downtime from time to time.

Yes, a few minutes offline due to the data center network issue just now. Servers are at very low load.

withdrawal limit has been decreased to 20 FTC.

That's a minimum withdrawal or maximum?

why such a small limit 20 for FTC withdrawal? Many people are trading on your site because they want to buy or sell FTC. Less people will want to buy FTC if the majority of their purchase cannot be moved off of your site...

minimum

Site still down?

No, the entire outage was short I didn't even notice it.

The site IS still down.

It still says 50 on the site. :(

I'm also gioing to assume that 出错了，无效提现数额，或提现数额小于最低限，请重新输入。means that it really is 50 too, since that's the message that shows up when I try and take out 33.

 It means "Wrong, invalid withdraw cash amount, or less than the minimum amount of withdrawals, please re-enter"

It's good now. please try again.

One small thing, the last column of the  My funds table on the right hand site says 总计 when it should say "Totals" in English.

Corrected. Thanks.

Withdraw went fine. The message was green and not en english, but other than that a very smooth transaction.

So far the exchange is working well for me, a lot better experience than I had with cryptonit.com the last few days.

Thumbs up

Initial transactions were great! More to come  :)

Ive done 3 trades on this site and still havent figured out how people are making muy/sell orders for amounts more than 5 decimal places. I know how to do withdrawls for this amount by turning off java, but this trick does not work for order amounts, yet I see that others are doing this based off of the buy chart figures. Also, is there any way to see other peoples' buy/order amounts past the 5th digit?

sup

Withdrawal is disabled today

I can´t send FRC

 :-\