Bitcoin Forum

Bitcoin => Press => Topic started by: jdebunt on January 16, 2015, 09:53:51 AM



Title: [2015-01-16]CA - Should Bitcoin Exchanges Stop Using 3rd Party Processors?
Post by: jdebunt on January 16, 2015, 09:53:51 AM
http://www.cryptoarticles.com/crypto-news/should-bitcoin-exchanges-stop-integrating-third-party-payment-processors

Even though Bitcoin exchanges may not have the best reputation in the world of finance and “mainstream media” these days, it looks like some of these exchanges are being dragged down because they rely on third party service providers. When the first exchanges started integrating other payment processors for depositing and withdrawing funds, it was only a matter of time until the first problems arose.


Title: Re: [2015-01-16]CA - Should Bitcoin Exchanges Stop Using 3rd Party Processors?
Post by: MUFC on January 16, 2015, 04:21:24 PM
When the first exchanges started integrating other payment processors for depositing and withdrawing funds, it was only a matter of time until the first problems arose.

Can they really avoid this though? The delay and issues usually arise from having to deal with fiat and all the hoops and rules and regulations they have to go to to get the money back and forth, but how else will they get fiat in and out of these exchanges?