Bitcoin Forum

Our website allows you exchange any number of currencies. (Same features as on mtgox. Internationalisation is supported.)

We would like to find people who will ensure the exchange of money of his country and bitcoin through your bank account or other way nonrefundable payments.

Please send PM to me or email to support@btcex.com

Is the multiple currency option already active? I could not find it.
It would also be great if you could make sure that all text is also available in English (Rules, etc.)

Thanks

No, currently enabled only RUB (rubles). We do not know who will respond, maybe it will be some exotic currency? But USD or EUR are welcome too!


Text labels avail in English - click to language switch on top-right corner.
Rules first at all will be on the language of the countries whose currencies are traded. I do not know English so well to convey important nuances. If someone can help with translation - wellcome!

In truth, those rules that are now is simply disclamer remove us from responsibility. This is necessary because otherwise we violate the laws of our country.

I am in the process of getting an account at currency fair. I would be open to letting you use the account to exchange any currency in or out .

Give me a few days to get the paperwork sent to them and it will be ready to go.

A week later depositary interface will work.

To become a depository will need to authenticate themselves using PGP. The meaning of this is protection from the entry of fictitious data for fraud.

If someone intends to act as the depositary of any currency that they should now take care of it.

I can say that we just take your PGP key signed by PKI certificate issued by a CA. Other ways are also possible but have not yet been clarified.

Another idea:

If you have internet banking you can sign your PGP key by your PKI certificate from the your bank. If bank provides its public key on the site or other public places you can assume that you are authenticated.

Your privacy will be guarantied.

Emailed you

Partner will be accept the money from people to his bank account or other method and send money to people. That is, to act as exchange depositary. So that there is must be no chargebacks, of course.
That's what make today all bitcoin exchanges holders.


Authentication of identity is needed before you start working.

The ideal option:
Your PGP key. PGP key at the same time must be signed by X.509 certificate of your bank or any Cert Authority. (Just send email with PGP key signed by X.509 cert)

If you use PGP and you have experienced with it make a separate key and sign it with your main PGP key.

Every withdraw or deposit action will be confirmed by btcex.com signature (automatically) and your PGP signature in form on the site. Thus we can always prove to each other and to third parties that money is transferred . (But in the normal state, we commit ourselves to keep the secret of money transfer.)

We do not verify the captcha therefore you can automate the process of withdrawing or depositing.

More about the signatures

When users withdraw money, or vice versa you should simply sign text in the box with your key (copy and paste to pgp software or using plugin) and click "submit". Server verifies the signatures and if all goes well the money is deposit or withdraw.

Text contains all info about transaction. It signed and encrypted by btcex key and encrypted by your key.
Signing can be done for many operations at once. Thus, you use your signature only several times in a day (morning and evening, for example)

All your signatures are published in depositary page and you can download its copy into a file.

It is not yet ennobled interface:

http://bitcointalk.org/index.php?action=dlattach;topic=1485.0;attach=485

Profit: a percent or few of each transaction. The exact value can be specified by yourself before you start working with btcex.com. The system automatically keeps track of all the necessary values

Costs: at least several minutes of time per day (morning and evening, for example)

Requirements: be careful when filling out forms and do not make too big timeouts between sessions

http://reklama24.com.ua/wp-content/uploads/2010/01/best-job1.jpg

Why so little response?

370 views of topic, for all time 5 people are contacted, three of them lost interest immediately and two were lost at the stage of establishment of a bank account.

Also, no discussion ensued.

It looks complicated? It is not clear? Dangerous? Or?

I would do it, but it's probably in violation of some law or other, and I don't want to take the risk.

Exchanges owners doing same right now.

Waiting for a response from people who know not probably. :)

I think some things are getting lost in translation. It also doesnt help that people still cant read your site in english. Clicking the EN button does nothing.

The site works here, I can read everything in English  ???

Btw I have a Euro bank account, can do payments in the euro zone without a fee and I don't have any knowledge of a law here that would prohibite this. So at first sight it would be something interesting to do.
But it got a little bit confusing for me when you started with the PGP key and it must be signed by X.509 certificate of my bank or any Cert Authority.

I am also can not reproduce it.

noagendamarket, please, remove cookies, enable javascript and try again.

If its don't help then try to open http://www.ericgiguere.com/tools/http-header-viewer.html and copy and paste http headers from this page to me with OS and browser versions


I do not know european laws. Probably need some kind of registration as an entrepreneur.


Strange, I thought everybody here is cipherfreaks . :)
Ask me to tell details.

upd:

PGP is suitable for signing on the sites. I do not know any other simple way to leave a signature more convenient than the PGP.

But for confirm authenticity of the PGP key we need to use something else, because we can not meet personally.

I conducted a survey ( https://www.bitcoin.org/smf/index.php?topic=1562.0 ) and found that PGP Web of Trust is not suit for that. Therefore, we use other methods to confirm the authenticity of your PGP key and your personality too.

Signing by X.509 certificate PGP key seemed to me the simplest and most obvious of these methods becouse X.509 certificate is easy to obtain.

Who wants to take the exchange of EUR?!

I keep hoping that mtgox will add LR-EUR, and BCM will add LR-EUR and PP-EUR.
/me also wants to see more Asian currencies...

We belong to camp who believes that we should not use the surrogate currencies in order to achieve the domination of bitcoin.

Therefore: only real money of different countries, or at least the payment systems of national scale (such as Webmoney, Visa, PayPal etc)

I think you need a banking license to be able to do this in the EU. Basically you are asking to temporarily keep other peoples' money (e.g. mob money) on e.g. my account. If there is no need for a banking license or the costs for such a banking license are low I could start a company doing this. I do understand your crypto talk.

Let's take an unlikely, but possible scenario. Suppose I get 10M euros in my bankaccount within a few months, it is not impossible that some bells will go off somewhere and that they temporarily freeze my account or find some other excuse to take the assets. I think everyone considering this would be concerned about some Russian mobsters paying a surprise visit however in that case, which is understandable because of course they want their money back.

Also, what kind of fees are we talking about here specified in EUR or US$ as I am not familiar with the RUB? Do you know any European bank which has an automated interface to its banking services which does not require human interaction? I of course would want to monitor my account myself and authorize everything, but that should not require me to type lots of numbers manually.

I do have the technical skills to automate it even without such official interfaces, but my technical skills are expensive.

I think local banking license may be need for you, not for me :)


Usual risk, as in any business


In percents.


No.

In Germany a license is indeed necessary.

This is from the german wikipedia (roughly translated):
In Germany a sole trader has no permission to operate a currency exchange. The forex business is one in ($1 paragraph 1a sentence 2 number 8 of the Banking Act (KWG)) to the banking business. Anyone who runs a currency exchange is therefore either bank or financial services institution.

To get a license (financial services institution) you need
- An equity of at least 750.000 EUR
- a very good business plan which gets prooved
- Very reliable CEOs and owners who studied something like business administration

So I think forget about bitcoin-exchange in Germany.

Unless you find some good lawyers that can make bitcoin pass as a generic commodity exchange, and not currency, since it's not an official currency of any state.

Are the same demands applicable for gold and silver exchanges?

Why not just send btc to people in what ever country / currency you require, and have them send the currency through whatever you normaly use for net transactions? I'm not an expert, but if I made a little from taking say 100 btc to send you £95, I'd do it.. I know the net is full of scammers, but there are some genuine people out there, and if you already know and trust them, why the banks?

What do you mean "just send"? In mail? This is prohibited by postal regulations

Well, say you pay me 100btc and donate 5btc to me, I return 95 in the currency you choose.. I use sterling, and um, well, paypal duzz indeed suck, but if the btc were actually any good to me, I'd be up for it, but this is just a suggestion, not an offer.. ;)

I am did not understand anything here. familiar words but no sense :)

I recommend taking a look at what Nordea bank has to offer. Nordea is a Nordic bank which also has offices in Baltic countries and Russia. Foreign corporate customers can open a bank account in Finland or another Scandinavian country. You can get a web login for your bank account. They also have an XML API, but it's rather complex compared to Liberty Reserve or Pecunix.

http://www.nordea.fi/Corporate+customers/Welcome+to+Nordea/International+branch/1148462.html (http://www.nordea.fi/Corporate+customers/Welcome+to+Nordea/International+branch/1148462.html)
http://www.nordea.com/cm (http://www.nordea.com/cm)

Within Russia there is no foreign banks. Foreign banks are prohibited.

Banks with foreign names are Russian banks really. And they subjected to the same slow and shitty "currency monitoring" as "pure" Russian banks. Because that I can not organize a normal currency operations across the border of the country.

For creating foreign account it is need to travel outside of my country. I live in the geographical center, take a look at the map - approximately 3500-5000 kilometers to the nearest border, except for Kazakhstan, China or Mongolia.

Unless there is some Russian law prohibiting it, you can open an account by mail:


You can contact Nordea's international banking department in Finland, or maybe the Russian office can also help.

I'd did not want to deal with the bank that opens an accounts by mail. :)

Also, best accounts in the Cyprus offshore zone. Maybe in a year one of my friends do it for me.


They can not advise me how best to break the laws. The fact that russian citizens is obliged to notify the State that they have an account abroad but nobody does it because it is dangerous from the standpoint of protection from the state.

Why you do not want to have a account in your country for exchange? btcex.com have an interface for this.

It's better if one person doesn't carry too much responsibility over the Bitcoin economy and community. But if you can't get a foreign bank account otherwise, maybe I can help you or find somebody reliable. I'll send you a PM.

I am agree. We need moar exchanges

bump

We need many exchanges distributed far and wide.

In Switzerland, I have a Postfinance acct
http://www.postfinance.ch/en/priv/prod/pay/abroad.html

Allows me to send payments by SEPA, Western Union, Cash International, Giro

I have never heard of the Cash International...
"Use Cash international to transfer cash or a cheque to a recipient abroad who does not have a postal or bank account.
"

"
The recipient
    * receives a specific payment document, depending on the country concerned, which can be exchanged for cash free of charge at the relevant foreign postal organization. The recipient will normally be required to provide proof of his/her identity
# or receives one or more bank cheques (in the case of countries in North and South America). The maximum amount per cheque is USD 2,000
# As a rule, beneficiaries may only pay cheques into their bank (account required). A fee is charged for cashing cheques
"

Currencies available with exchange at spot and future rates between them:

Swiss Franc
Euro
Australian dollar (AUD)   0.000%
Canadian dollar (CAD)   0.000%
Danish kroner (DKK)   0.000%
Pound sterling (GBP)   0.000%
Japanese yen (JPY)   0.000%
Norwegian kroner (NOK)   0.000%
Swedish kronor (SEK)   0.000%
United States dollar (USD)


SEPA transfers are free of charge. Fees for sending Western Union seem considerable cheaper using the online interface.
12 francs up to 300 and 5% upto 1K & 3% upto the max.

I'll partner in anyway I can.
Will find partners, investors to increase liquidity, setup an exchange in Switzerland;

Well, if you have communication problem, you can ask my help -- looks like I can talk freely same language as bitcoinex (even interpret some of his false friend (http://en.wikipedia.org/wiki/False_friend)'s between lines ;D ) and live relatively not that far from sirius-m and (apparently) has same context

@bitcoinex вы мoжeтe пиcaть мнe "в личкy" нa pyccкoм ::)

I have no problem with the translation - thanks to google translator :) We communicate in the email.

Maybe Chinese people are interested in BTC - CNY exchange?

if you want bank account out of your country, you can check https://www.okpay.com/?rbp=612312365 (https://www.okpay.com/?rbp=612312365) see limits, verification looks easy.

(They look like crooks.)

No, I do not need the bank account. Need person with the country's currency account.

I have a gold/silver trading merchant account. Can legally accept and hold these currencies for trading:
$USD    €EUR    £GBP    $AUD    $NZD    $CAD     $HKD     $SGD     ¥JPY    DKK    NOK    SEK     VATU

I can take cash payments at any post office in Australia/NZ and online banking anywhere else. Also will have dwolla, CashU, and can accept Paymer cheques and cards to trade in WMR/WMZ. Working on Ukash, but it's expensive (7-8% merchant fees) plus takes too long to withdraw, may just screw them and pick another voucher system or replace it with cash buy orders.

Buyers can do a group bitcoin buy, i can hold payments until a desired amount and wire it all to either the Euro Finland account, or Swiss USD account and bulk buy or just transfer it immediately for hardly any fees.

Can send people a USD cheque to cash out coins, load debit cards, mail cash, send LR, up to $1999 anywhere in the world or $999 if you're in the US due to laws.

Should be ready to go in 2-3weeks once all the verifications go through (for webmoney). May do Euro Gold Cash as well, buy it from local exchangers here to trade.