Title: Exchange watch Post by: btcmind on September 08, 2013, 02:21:58 PM I want to gather some information about BTC exchanges, to evaluate how accessible they are from which country and monitor them in a structured format. All posts only on-topic please.
Caveat emptor Quality of services obviously varies very widely. Posts are not endorsements of any kind at the current state. List of exchanges The current biggest exchanges by BTC volume are (according to http://bitcoincharts.com/markets/) (MtGox listed several times for different currencies). mtgoxUSD 9752.45680602 bitstampUSD 8231.1511873 btceUSD 2507.51043954 btcnCNY 1918.332 btcdeEUR 522.3637794 virwoxSLL 493.43 cbxUSD 489.69346826 virtexCAD 475.612 bitcurexPLN 366.92670515 btceRUR 332.90685044 localbtcAUD 110.5349 Transfer methods MtGox All fund transfer methods below require either a verified or trusted account status. Bitinstant Japanese Domestic Transfer - Only for Japanese residents. Polish Domestic Transfer - Only for Polish residents. International Wire Transfer - Please note that we are unable to accept funds coming from any entity or country listed by the OFAC* SEPA - Only for european residents Bitstamp SEPA deposits: FREE SEPA withdrawals: 0.90 € International wire transfer: €, $, £ Inter exchange and cash deposits Graveyard Dead exchanges: Bitfloor B24 ... Title: Re: Exchange watch Post by: polrpaul on September 08, 2013, 02:31:15 PM nice work - much appreciated!
can't wait for the final product. Title: Re: Exchange watch Post by: QuestionAuthority on September 08, 2013, 03:29:53 PM You'll get more activity if you put this in the correct sub forum.
Bitcoin Forum > Economy > Marketplace > Currency exchange You might also want to list the average time to deposit and withdraw. You could use a poll with the major exchanges listed like this: Mt. Gox deposit 1 week or less= vote 1 month to 1 week=vote 2 months to 1 month=vote More than two months=vote Mt. Gox withdraw 1 week or less= vote 1 month to 1 week=vote 2 months to 1 month=vote More than two months=vote BTCe deposit 1 week or less= vote 1 month to 1 week=vote 2 months to 1 month=vote More than two months=vote and so on. Reset the poll and start over every month to reflect current status. Title: Re: Exchange watch Post by: LiteCoinGuy on September 08, 2013, 04:58:39 PM nice and usefull work, thanks for that!
take a look at: http://coinmkt.com/#/ Title: Re: Exchange watch Post by: MykelSilver on September 08, 2013, 05:37:40 PM For bank transfers Bitstamp also requires verification: https://www.bitstamp.net/article/bitstamp-new-verification-requirements/
Bitstamp’s verification procedures are in accordance with high standards already adopted in today's financial world and assure Bitstamp’s service providers as well as regulators. To be in line with financial standards, as of September 30th, 2013, bitcoin and bank transfers will only be available to verified customers. Title: Re: Exchange watch Post by: Snail2 on September 08, 2013, 05:45:38 PM Great work. Thanks.
Title: Re: Exchange watch Post by: btcmind on September 08, 2013, 07:29:08 PM Thanks for the feedback and interest.
This could be a Github repo at some point. What I imagine is an open-protocol on which markets can co-operate. This will not necessarily be in the interest of the markets themselves, but competitive pressure will lead to very little tx costs over time. B24 had 0.00% but is out of "business". In other words transaction networks will be become public goods. Not only for payments but complex transactions as well. To be added to the list. http://bex.io/ https://coinmkt.com https://btc.sx Title: Re: Exchange watch Post by: btcmind on September 10, 2013, 10:54:44 AM Some further links which have to be sorted.
Paypal to Bitcoin http://www.coinmama.com/ Coinmama gets fees via brokering (making money on price differentials). Portal: http://bcchanger.com/ Payment networks In general I'm very interested in country-specific restrictions and how the banking network looks like. I.e. international wires are not necessarily possible out of Europe. The credit card network is a seperate channel. In Europe there is SEPA and some changes coming next year. I think this applies to Euro-based countries only. Any input appreciated, especially with regards to Emerging economies. As noted this is perhaps the kernel of a wider project, so any contributions welcome. Title: Re: Exchange watch Post by: btcmind on September 10, 2013, 11:27:31 AM Trust ratings
http://bitcoin-otc.com/viewratings.php OTC market is a possible channel between regulated exchanges. Note: all of this is for BTC only at this point. Moneypak Dwolla WU Title: Re: Exchange watch Post by: klausbl on September 10, 2013, 11:45:10 AM To be added to the list. Justcoin (https://justcoin.com) is a Norwegian BTC, LTC and XRP exchange launched in May 2013. We accept and have trading pairs with EUR and NOK. Our trading fee is flat at 0,5%.I would appreciate if you list our exchange as well. :) Title: Re: Exchange watch Post by: btcmind on September 10, 2013, 12:17:17 PM Sure. Any debate with exchanges is welcome. Perhaps I will move communications onto an exchange watch platform as well. The central goal here is objectivity. I try to make not any judgements, but to provide tools for judgements of market participants. Tools can be data and ratings. The goal should be to make the (BTC exchange) system more stable. I believe this can be quite independent of BTC alone, although of course there are overlaps. In general some cooperation between exchanges make sense as well, in terms legal/political issues.
Having said that, I very much appreciate that you have opened up your sourcecode. Opening up the source of the exchange is a very good idea IMO, see https://github.com/justcoin/snow . It makes sense that the BTC community (if such a thing exists) channels through exchanges which have the interests in mind, such as a) low prices b) no manipulation c) safety and security. A question I have is: what deposit mechanisms do you allow? SEPA, International Wire? I believe that in most countries the legal status, especially cross-border, is very much in the open, with regards to bitcoin, but also bitcoin exchanges. The general idea is that the list is complete, but there will be some mechanism (t.b.d.) which will then allow for people to make their judgement. I.e. the exchange watch project is then a plattform, not a simple unordered list. Perhaps in the longterm this might evolve into an API based plattform. For instance each exchange has a ticker and then one can route through a distributed network. This kinds of systems are common in the established international markets. If exchanges have interoperability the users can route between them. All of this will hopefully facilitate better exchanges. In my view the end game is that exchanges will operate at near zero margins. I note that there are various models of exchanges. Some exchanges are OTC based, such as Localbitcoins and BTCde. Title: Re: Exchange watch Post by: klausbl on September 10, 2013, 12:52:37 PM I very much appreciate that you have opened up your sourcecode. We think that this is the best way for our customers to gain confidence in our service. Also, we have people contributing with patches and bug reports.A question I have is: what deposit mechanisms do you allow? SEPA, International Wire? For European customers we accept SEPA. For our Norwegian customers we accept standard domestic transfers. We are opening up for international bank transfers outside Europe soon. Title: Re: Exchange watch Post by: Elwar on September 10, 2013, 01:43:16 PM CampBx
Deposit: USPS Money Orders MoneyGram Money Orders Western Union Money Orders Canada Post International MO UK Post Office International MO Dwolla Personal Checks Withdrawal: ACH Direct Deposit Dwolla Wire Transfers (including International) USPS Money Orders Title: Re: Exchange watch Post by: btcmind on September 10, 2013, 02:13:56 PM Thanks. Any posts welcome. I will restructure the list as detailed above, so this is only a temporary dump. Perhaps with a voting system coming pretty soon. Also, any suggestions welcome.
Title: Re: Exchange watch Post by: LiteCoinGuy on September 10, 2013, 02:24:51 PM Thanks. Any posts welcome. I will restructure the list as detailed above, so this is only a temporary dump. Perhaps with a voting system coming pretty soon. Also, any suggestions welcome. new one is: kraken.com with btc and litecoin Title: Re: Exchange watch Post by: btcmind on September 12, 2013, 06:01:26 PM Yes, https://www.kraken.com/ it has margining, which has certain implications.
Title: Re: Exchange watch Post by: tskweres on October 01, 2013, 10:41:33 AM Definitely add CoinMKT to this list:
https://www.coinmkt.com/ BTC & 6 other cryptocurrencies traded against USD |