Bitcoin Forum

I am not a paid endorser, nor do I have any kind of financial interest in exchangebitcoins.com.  But I just sent them some coins, sold them, and issued myself a check.  The process is smooth as butter (well, unless the check bounces LOL).  I think the site is perfect for someone who wants very SIMPLE.  There is nothing to think about.  You deposit, you buy, you sell.  The click paths are all very sensible and nothing unexpected pops up anywhere. 

Okay, before I'd send money to a web site, I'd like to know who owns and runs the web site and what their reputation is.  So let's check Whois for the domain information:

$ whois exchangebitcoins.com
Query:     exchangebitcoins.com
Registry:  whois.dynadot.com
Results:
Domain Name: exchangebitcoins.com
Registered at http://www.dynadot.com

Registrant:
Exchange Bitcoins Inc.
David Sterry
805 Veterans Blvd. Suite 200
Redwood City, CA 94063
United States

Administrative Contact:
Exchange Bitcoins Inc.
David Sterry
805 Veterans Blvd. Suite 200
Redwood City, CA 94063
United States
info@exchangebitcoins.com
+1 8553924282

Technical Contact:
Exchange Bitcoins Inc.
David Sterry
805 Veterans Blvd. Suite 200
Redwood City, CA 94063
United States
info@exchangebitcoins.com
+1 8553924282

Record expires on 2012/05/10 UTC
Record created on 2011/05/10 UTC

Domain servers in listed order:
ns1.dynadot.com
ns2.dynadot.com

I'm not acquainted with a "David Sterry" either personally or by reputation, so I did a Google search.  I *think* this is the David Sterry that we are looking at (name and address match the above):

http://www.manta.com/c/mmyjm63/sterry-it-llc
http://www.sterryit.com/

Does anybody know him or his reputation?

This site says they take personal checks.

How can they possibly do that with all the check fraud out there? What happens if somebody deposits a stolen check, then runs off with a bunch of bitcoins?

I've e-mailed back and forth with David a few times, done hundreds of trades there, made several Dwolla deposits/withdrawals back when they supported it.

Since they quit taking Dwolla, he's sent me several checks (all of which arrived within 3-4 days, and were good).  So I feel pretty confident about them.

I'm not worried about HIS personal checks. I'm just shocked that he is ACCEPTING them! Anybody know how he is doing that without getting ripped off by fraudulent checks??

I dont know how they are taking the Wells Fargo checks. But I do see that they are using ING P2P and that service doesn't let you send unless they secure the funds from your account first. So, I can see how that is safe for them to accept. I think that's a great idea - it's a very creative use of the ING P2P

I bet you a shiny nickel that if somebody hacked my ING account and sent money to him, I could report it to ING and they could claw the money back after the bitcoins were long gone!

I think you are absolutely right .. and you could win that shiny nickel.

 I ve not met him IRL, but he s pretty well known on the bitcoin IRC channels, I talked to him on IRC many times.
 I do use and trust exchb, its probably the only bitcoin exchange with mtgox that is NOT using an anonymous whois ( domainsbyproxy , privacyshark . . .) which is an important thing for me, and one of the reasons why I use only mtgox and exchb.

I think ExchB.com is the best designed BTC exchange that I've used. I've traded a lot through them. David Sterry was on the Bitcoin show see
http://onlyonetv.com/2011/07/the-bitcoin-show-%E2%80%94-episode-026/
They also list a phone number where you can leave a message and they will return your call. I've talked with David on several occasions and he always answers my questions in a straight-forward manner. You can contact them via email at info@exchb.com or by leaving a message at their toll-free number: 855-392-4282 (855-EXCH-BTC)

Daniel

/me clears throat

I've had a couple of nice transactions with ExchangeBitcoins.com. Moved BTC over, sold and had the money ACH'd into my bank account within 24 hours. FAST!

From their site