Bitcoin Forum

We are in the process of developing a better bitcoin exchange. Based in New York City and written by financial industry professionals, our goal is to be the fastest, most stable, and most secure bitcoin exchange.

We currently have a:
- simple web trading interface
- simple REST JSON API
- streaming TCP and UDP API

Currently we are running a testnet with fake USD and testnet BTC while we work on polishing up the system. We are inviting everyone to check it out and appreciate any feedback you provide.

You can signup here: http://testnet.bitfloor.com/signup

You can see sample traders here: http://github.com/bitfloor

hidden domain registration, no use of real and complete names, etc.

are you planning on sharing the full details before you open?

We are a registered business in the state of New York. You can see our information at this link here:
http://appext9.dos.state.ny.us/corp_public/CORPSEARCH.ENTITY_INFORMATION?p_nameid=4491734&p_corpid=4137198&p_entity_name=bitfloor&p_name_type=A&p_search_type=BEGINS&p_srch_results_page=0

What other information should we release to make you comfortable with our service, and where should we post it?

I have unblocked the WHOIS information to make it clearer that we are not trying to hide our actions.

Thanks for the feedback!

How are you affiliated with vadimg and/or bitfloor.com?

I am the other co-founder :)

Hi Gentlemen,

Looks respectable. Do you have a phone number? Perhaps someone in New York might care to chat.

Cheers

I added a phone number to the about page. You can also email support@bitfloor.com to reach us with any questions.

hopefully it's better then bitcoinica.com

We have opened up the production version at https://bitfloor.com Any and all feedback is welcome.

We currently support BTC deposit/withdraw as well as Dwolla deposit/withdraw. We will look at adding other options in the future. If you have specific requests feel free to contact us at support@bitfloor.com

cheers,
~Roman

Is the .3% fee introductory, or are you not planning on changing it anytime soon?

The fee is not introductory and it is for everyone. We do reserve the right to change the fee structure in the future, but will notify all traders in/when this happens.

Hi, perhaps you wouldn't mind discussing your insurance policies, security auditing, etc. If in the terribly unfortunate case you are hacked or your bank closes your account, what are your plans in advance?

We are currently writing up some detailed information on our security. The bitcoin wallet and database is on a different machine than the rest of the system, and is not connected to the internet. Therefore, an attacker would have to hack the webserver and then use that to hack into the wallet/database server. All passwords are hashed with bcrypt so even in the unlikely chance that an attacker compromised the database, your password would not be decrypted even if it was weak. We have multiple bank accounts, so if the bank closes the account we are using we will simply start using another one. There may be some delays in USD withdrawals during that time but banks are not allowed to just take your money; we will get it eventually. Currently we use dwolla for everything, so there is no bank account to close.

Hello shtylman & vadimg,

Would you consider this the official bitfloor.com thread at bitcointalk.org? I couldn't find it on your signature.

Cheers!

I wouldn't say we have an "official" thread since I usually post separate updates, but we do have https://bitcointalk.org/index.php?topic=87584.0 which a user started and I comment on any questions that come up.

Thanks for the info Shtylman,

I watched an interview you did around February/March or so. You mentioned that "vadimg" (https://bitcointalk.org/index.php?action=profile;u=37089) is no longer at bitfloor.com, can you go into more details?

Not really many details here other than he decided to pursue other projects instead.

If bitfloor accepted BoA i'd be in

Do you have a chase or wells Fargo branch available to you?

yup. what info do they need for me to deposit?

Wells Fargo only needed the account name and number. One teller needed to lookup the account and wanted the city (which is ny,ny).

thennnnn how do you tell where the payment is coming from

bitfloor generates a unique deposit amount for you. something like within +- $.50 of your intended deposit amount. It's important to deposit that exact amount to get your money on the exchange. If you mess up, you'll probably have to email support to sort it out.

-bgc

Wonderful thank you

+1 just had to bump this...