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Title: List of transparent exchanges. Post by: stan.distortion on January 29, 2015, 03:47:43 PM ...
Title: Re: List of transparent exchanges. Post by: Bagatell on January 29, 2015, 04:56:45 PM Asking for a list of trusted third parties on a Bitcoin forum seems a
Title: Re: List of transparent exchanges. Post by: Sitarow on January 29, 2015, 05:34:26 PM Asking for a list of trusted third parties on a Bitcoin forum seems a How so? Shills and astroturfers can post all the FUD they want, the reserves are on the blockchain and signed by the exchange so the exchanges holdings can be proven:https://exchange.coinport.com/coin/BTC Bitstamp, Bitfinex, Huobi, Okcoin, etc. nine tenths of the coins on their books could be fake and using them when there's the possibility of that is irresponsible and asking to get Goxed. They've no excuse for it, what do they have to hide? Exchanges have evolved beyond that and its up to users to demand transparency or take their business elsewhere. +1 As far as other exchanges at this time the market is being manipulated as a group that has colluded and are working to lower BTC/USD and raise LTC/BTC up by artificially inflating the LTC/USD . they also use alts that are supported by the exchanges where they have chose. I have the details on my recent history. However I will link to it here. https://bitcointalk.org/index.php?topic=178336.msg10299896#msg10299896 Edit: Also forgot to mention that exchanges that offer leverage trades also have an algorithm that prevents market calls from hitting the orderbook untill there is more buildup of bids. Stop trading with leverage. Quote http://www.matlabtrading.net/main/2014/08/14/bitfinex-margin-call-cascade-algorithm-explained/ Bitfinex is running an algorithm to handle the margin calls. The algorithm starts selling but limits itself to a 10% drop in prices within 1 minute. If prices drop more than 10% in 1 minute it will stop selling and wait for buy orders to come in. Once there are again a certain amount of buy orders in the orderbook the algorithm starts selling again until all margin calls are met. Edit: LeMogawai was the first to point this out in this post and it matches my personal observation at the time of the event. This seems to be an interesting way to deal with cascading margin calls but can also be considered as borderline market manipulation from the exchange side. By spreading out the sell orders over time the downwards momentum is reduced, however traders end up trading against the exchange itself and not the market anymore. The exchange has an informational advantage at that point and is therefore more likely to profit than the traders. Fortunately, this only lasted for about 10 minutes after which control was given back to the market. Title: Re: List of transparent exchanges. Post by: runpaint on January 29, 2015, 05:49:51 PM We can demand accountability from the services we use, or we can wait for the government to declare that it's all corrupt and needs to be tightly controlled
Title: Re: List of transparent exchanges. Post by: D05GTO on January 29, 2015, 07:24:03 PM Atomic-Trade.com is a transparent exchange. https://www.atomic-trade.com/liquidity
Just had a big site layout change and USD/BTC is being revamped for the KYC functions. They are also FinCen registered in all 50 States in the US. One of the first USD/BTC exchanges in the US if not the first. The exchange went live Feb 5th 2014 so it has history and not a fly by night exchange just thrown up. D Title: Re: List of transparent exchanges. Post by: Victor Beckham on January 31, 2015, 12:24:30 PM Coinfloor appears to have proof of solvency and a recent audit but I'm not sure how that applies to their exchange reserves: https://coinfloor.co.uk/ You might like to list www.100bit.co.in. They are not yet open for public. But, AFAIK, they will be opening soon. They do not hold user fund either. Title: Re: List of transparent exchanges. Post by: newIndia on February 02, 2015, 03:29:02 PM Coinfloor appears to have proof of solvency and a recent audit but I'm not sure how that applies to their exchange reserves: https://coinfloor.co.uk/ You might like to list www.100bit.co.in. They are not yet open for public. But, AFAIK, they will be opening soon. They do not hold user fund either. Thanks :) Sounds like an OTC with escrow service with trading features, similar to bitcoin.de but without the need to maintain a balance to trade. More stories coming in regarding exchanges with forged IOUs. This time it is Cryptsy... 1. https://bitcointalk.org/index.php?topic=943241.0 2. https://bitcointalk.org/index.php?topic=943483.0 Regarding www.100bit.co.in, it appears to be a promising project. Title: Re: List of transparent exchanges. Post by: owlcatz on February 03, 2015, 02:30:33 AM Coinfloor appears to have proof of solvency and a recent audit but I'm not sure how that applies to their exchange reserves: https://coinfloor.co.uk/ You might like to list www.100bit.co.in. They are not yet open for public. But, AFAIK, they will be opening soon. They do not hold user fund either. Thanks :) Sounds like an OTC with escrow service with trading features, similar to bitcoin.de but without the need to maintain a balance to trade. More stories coming in regarding exchanges with forged IOUs. This time it is Cryptsy... 1. https://bitcointalk.org/index.php?topic=943241.0 2. https://bitcointalk.org/index.php?topic=943483.0 Regarding www.100bit.co.in, it appears to be a promising project. ProTip: Don't leave any MONEY on ANY exchange longer than you can afford to lose it - do your trades, gtfo, or you MAY loose (lol) your BTC /end PSA ;) Title: Re: List of transparent exchanges. Post by: alani123 on February 08, 2015, 06:52:12 AM Watching.
Consider those too OK coin had a Proof of Solvency Audit: https://bitcointalk.org/index.php?topic=752803.0 Huobi as well: https://bitcointalk.org/index.php?topic=760876.0 BTCChina too: http://www.bitell.com/t/2046 Title: Re: List of transparent exchanges. Post by: redsn0w on February 08, 2015, 09:27:53 AM If you want , please add also TheRockTrading ( it uses multiSign wallet if the user wants). This is the link of the official thread here on bitcointalk :
https://bitcointalk.org/index.php?topic=894233.0 Thanks. Title: Re: List of transparent exchanges. Post by: jabo38 on February 15, 2015, 06:37:51 PM Looking for a list of transparent exchanges, live updated proof of reserve, user controlled wallets etc. If an exchange is holding users bitcoins non-transparently it's possible they're a scam. Decentralised: https://bitsquare.io/ (in development) Live proof of reserve: https://www.usecryptos.com/transparency https://exchange.coinport.com/coin/BTC https://exco.in/reserves https://yunbi.com/exchange_assets ( https://github.com/peatio/liability-proof ) No users funds held/OTC with escrow: https://www.247exchange.com/ http://www.100bit.co.in/ Multisig user controlled wallet: https://www.therocktrading.com/ (optional, preferred) https://www.bitalo.com/ Audited recently: https://coinfloor.co.uk/ Some info on the merkle tree method of proof of reserves, original site down but still available on web.archive.org: https://web.archive.org/web/20140821194253/https://iwilcox.me.uk/2014/proving-bitcoin-reserves That list is pretty neat, but you got to take exco.in off there. They just got hacked. Apparently proof of reserves doesn't mean much other than "we haven't lost your money yet, but when we do, you'll know." I have been reading about these and I guess I like Coinport's method the best. What I would really like to have though is Coinport's transparency combined with some kind of multisig user controlled wallet. To that extent you can add Coinbase because they too have a wallet option where the user controls the keys. If a person chooses that option then Coinbase couldn't steal your coins even if they wanted too. Title: Re: List of transparent exchanges. Post by: bitode on February 15, 2015, 07:46:58 PM BTC Trader is also one of transparent exchange. They have exchange markets in Philippines, Greece and Turkey.
http://audit.btctrader.com/ Title: Re: List of transparent exchanges. Post by: TXWA on February 16, 2015, 01:42:12 PM You may add our exchanging platform: https://www.toxcoin.com (https://www.toxcoin.com)
We are not storing funds on our exchange, they are only held until the exchange takes action / the request is completed. Please check our main thread for the details: https://bitcointalk.org/index.php?topic=954370.0 Greetings, TOXCOIN Support Title: Re: List of transparent exchanges. Post by: D05GTO on February 16, 2015, 02:53:43 PM The Atomic-Trade US Based Exchange has proven reserves in real time. Also, FinCen registered in all 50 states plus it's been running for over a year.
https://www.atomic-trade.com/liquidity Title: Re: List of transparent exchanges. Post by: samson on February 16, 2015, 05:48:07 PM We can demand accountability from the services we use, or we can wait for the government to declare that it's all corrupt and needs to be tightly controlled Which government ? Title: Re: List of transparent exchanges. Post by: wangxinxi on February 17, 2015, 03:32:18 PM Looking for a list of transparent exchanges, live updated proof of reserve, user controlled wallets etc. If an exchange is holding users bitcoins non-transparently it's possible they're a scam. Decentralised: https://bitsquare.io/ (in development) Live proof of reserve: https://www.usecryptos.com/transparency https://exchange.coinport.com/coin/BTC https://yunbi.com/exchange_assets ( https://github.com/peatio/liability-proof ) No users funds held/OTC with escrow: https://www.247exchange.com https://www.toxcoin.com http://www.100bit.co.in Multisig user controlled wallet: https://www.therocktrading.com/ (optional, preferred) https://www.bitalo.com/ Audited recently: https://coinfloor.co.uk/ Some info on the merkle tree method of proof of reserves, original site down but still available on web.archive.org: https://web.archive.org/web/20140821194253/https://iwilcox.me.uk/2014/proving-bitcoin-reserves Hi, please add our options exchange https://coinut.com. You have checked that. And we'll do audit weekly. Title: Re: List of transparent exchanges. Post by: jabo38 on February 17, 2015, 04:24:45 PM Here is what I want in an exchange. I want a 2 of 2 multisig with a timeout option (as per GreenAdress tech). I want proof-of-reserves being updated in real time or hourly. I want the exchange to be insured for any hacks. I want the owners of the exchange to be known and public. I want the exchange operating in a country that would prosecute stolen Bitcoins.
Give me that and I'll do my trading there. Title: Re: List of transparent exchanges. Post by: mrhelpful on February 18, 2015, 01:07:25 AM there isnt a reliable exchange, and if there is one look at the past incidents on like bitstamp.
if you look at a archive history in posts about btc-e on prices and deposits, you can see a horrible image based on selective lost deposits. the only one i see is coinbase and in hand transactions are best way to go. Title: Re: List of transparent exchanges. Post by: wangxinxi on February 18, 2015, 02:38:49 AM there isnt a reliable exchange, and if there is one look at the past incidents on like bitstamp. if you look at a archive history in posts about btc-e on prices and deposits, you can see a horrible image based on selective lost deposits. the only one i see is coinbase and in hand transactions are best way to go. Coinut manually processes all withdrawal transactions. That's the most reliable way I think. Title: Re: List of transparent exchanges. Post by: Karartma1 on March 03, 2015, 10:50:07 PM If you're listing local exchanges too I know a few;
BTCTurk BTCGreece BTCExchange.ph Those 3 exchanges uses btctrader and here it's audit: http://audit.btctrader.com Title: Re: List of transparent exchanges. Post by: smokemore420 on April 08, 2015, 11:58:37 PM You might want to remove toxcoin from your list
https://bitcointalk.org/index.php?topic=1016823.msg11025574#msg11025574 Title: Re: List of transparent exchanges. Post by: BitProdigy on August 26, 2015, 10:11:09 PM How is Vault of Satoshi not on this list?
Title: Re: List of transparent exchanges. Post by: newIndia on August 26, 2015, 10:15:35 PM How is Vault of Satoshi not on this list? Has not it been closed by now ? http://www.coindesk.com/vault-satoshi-founders-close-bitcoin-exchange-focus-netflix-startup/ |