[Reserved]

Bitcoin offers a strong level of privacy. In my view, any website functioning as an exchange and taking custody of customer funds does not have the luxury of anonimity.

The Bitcoin Wiki has a list of exchanges ^[1],[2] and there are many threads discussing them. This list is my attempt to provide profiles of the Top-10 real-time exchanges using publicly available data to help you evaluate counterparty risks even further. Bogus information is easy to fabricate, verify data from legitimate sources (i.e. Registration Authorities). Excluded are Money Transmitters, Online Wallets, In Person Traders, and market places. This list is ordered by Previous Month BTC trading volume.

Total Exchange Traded Volume (June 2012)*:


* data from bitcoincharts.com; includes all currencies.

Other charts at Bitcoincharts.com: Volume Comparison Charts.

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MtGox

• Website: https://mtgox.com/
• Alexa Traffic Rank: 41,873
• IPv4 Address: 72.52.5.67; Prolexic Technologies; Hollywood, Florida, United States
• Physical Address: Cerulean Tower 15F, Sakuragaoka-cho 26-1, Shibuya-ku, Tokyo, Japan, 〒150-8512
• Other Address:
• Phone:+81 3 4520 6200
• Full Time Employees: 8
• Registered Name:Tibanne Co., Ltd.
• Registered Address:Cerulean Tower 15F, Sakuragaoka-cho 26-1, Shibuya-ku, Tokyo, Japan, 〒150-8512
• Registration Number:2353440
• Registration Authority:The Tokyo Chamber of Commerce And Industry
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management: Mark Karpeles
• Banking Partner(s): Bank Zachodni WBK, SMBC
• Products: BTC/AUD, BTC/CAD, BTC/CHF, BTC/CNY, BTC/DKK, BTC/EUR, BTC/GBP, BTC/HKD, BTC/JPY, BTC/NOK, BTC/NZD, BTC/PLN, BTC/RUB, BTC/SEK, BTC/SGD, BTC/THB, BTC/USD
• Fee Schedule:0.25%-0.60% Trading Volume Discounts
• Possible to create fake Limit Orders:
• Deposit Method(s):Bitinstant, Dwolla, Bank Wire, Japanese Domestic Transfer, MtGox Code, OKPay
• Withdrawal Method(s):Dwolla, Bank Wire, OKPay, SEPA
• Trading Platform:Proprietary
• API:Available
• Tor Access Policy:Not Allowed
• Cloud Hosted:
• Privacy Policy: Available
• Statements of Financial Conditions:Unaudited- January 2012
• Internal & External Security Disclosure:
• Note: Unable to locate Ministry of Economy, Trade and Industry (METI) Data.

Intersango

• Website: https://intersango.com/
• Alexa Traffic Rank: 281,894
• IPv4 address: 31.222.180.166; Rackspace.com; London, Greater London, United Kingdom
• Physical Address:3rd Floor 14 Hanover Street, London, England, W1S 1YH
• Other Address:
• Phone:+442081333752
• Full Time Employees:
• Registered Name:Intersango LTD
• Registered Address:
• Registration Number:
• Registration Authority:
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management:
• Banking Partner(s):Metro Bank, Bank Zachodni WBK
• Products: BTC/EUR, BTC/GBP, BTC/PLN, BTC/USD
• Trading Fee Schedule:0.65% of all trades + Liquidity Rebate
• Possible to create fake Limit Orders:
• Deposit Method(s):Internet Banking, Dwolla, SEPA,
• Withdrawal Method(s): Dwolla, SEPA
• Trading Platform:Open Source
• API:Available
• Tor Access Policy:Unknown
• Cloud Hosted:Yes
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure: Available

BTC-e

• Website: https://btc-e.com/
• Alexa Traffic Rank: 243,960
• IPv4 address: 206.72.206.66; CWS Company; New York City, New York, United States
• Physical Address:
• Other Address:
• Phone:
• Full Time Employees:
• Registered Name:
• Registered Address:
• Registration Number:
• Registration Authority: Bulgaria (), Turkey (), Russia (), United States ()
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management:
• Banking Partner(s):
• Products: BTC/USD, SC/BTC, LTC/BTC, LTC/USD, NMC/BTC
• Trading Fee Schedule: 0.2%
• Possible to create fake Limit Orders:
• Margin APR:
• Deposit Method(s): Bank Wire, SEPA, Western Union, Dwolla
• Withdrawal Method(s): Western Union, Dwolla
• Trading Platform:
• API: Available
• Tor Access Policy:
• Cloud Hosted:
• Privacy Policy:
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:
• Notes:

VirWoX

• Website: https://www.virwox.com/
• Alexa Traffic Rank: 128,155
• IPv4 address: 213.208.139.167; Solutions-at; Vienna, Austria
• Physical Address: Asperner Heldenplatz 6, 1220 Vienna, Austria
• Other Address:
• Phone:Unknown
• Full Time Employees:
• Registered Name: Virtual World Services GmbH
• Registered Address: Asperner Heldenplatz 6, 1220 Vienna, Austria
• Registration Number: FN 299158 p
• Registration Authority:Handelsgericht Wien
• VAT Identification Number: ATU63720414
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management: Iliana Suppan
• Banking Partner(s): Not Applicable
• Products: BTC/SLL, Other
• Trading Fee Schedule:2.90% Market Order, Trading Volume Discounts
• Possible to create fake Limit Orders:
• Deposit Method(s): PayPal, Credit/Debit Cards, PaysafeCard, Neteller, Directbanking, SSL
• Withdrawal Method(s): PayPal, Skrill, Neteller, SSL
• Trading Platform:
• API:Available
• Tor Access Policy:
• Cloud Hosted:
• Privacy Policy:Available
• Statements of Financial Conditions: Unknown
• Internal & External Security Disclosure:Available
• Notes:

BitStamp

• Website: https://www.bitstamp.net/
• Alexa Traffic Rank: 2,880,828
• IPv4 address: 93.103.18.20; T-2 Access Network; Ljubljana, Osrednjeslovenska, Slovenia
• Physical Address: Weingerlova 8a, 4208 Šenčur, Slovenia
• Other Address:
• Phone: +441183282280
• Full Time Employees:
• Registered Name:
• Registered Address:
• Registration Number:
• Registration Authority:
• VAT Identification Number: 29958440
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management: Nejc Kodrič
• Banking Partner(s):Unicredit Bank
• Products: BTC/USD
• Fee Schedule:0.20%-0.50% Trading Volume Discounts
• Possible to create fake Limit Orders:
• Deposit Method(s): SEPA, International Wire
• Withdrawal Method(s): SEPA, International Wire
• Trading Platform:
• API:Available
• Tor Access Policy: Allow
• Cloud Hosted: No
• Privacy Policy:Unknown
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:Unknown
• Notes:

VirtEx

• Website: https://www.cavirtex.com/
• Alexa Traffic Rank: 1,281,153
• IPv4 address: 184.71.215.146; Shaw Communications; Calgary, Alberta, Canada
• IPv6 address:
• Physical Address:Unknown
• Other Address:
• Phone: 1-888-812-2525
• Full Time Employees:
• Registered Name:
• Registered Address:
• Registration Number:
• Registration Authority:
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management:
• Banking Partner(s):RBC,Bank of Montreal
• Products: BTC/CAD
• Trading Fee Schedule: 0.59% of transaction value in either CAD (buying) or BTC (selling), 0.01 (CAD/BTC) minimum
• Possible to create fake Limit Orders:
• Margin APR:
• Deposit Method(s): Bill Pay, Cash
• Withdrawal Method(s): Direct Deposit, Payza
• Trading Platform:
• API:
• Tor Access Policy:
• Cloud Hosted:
• Privacy Policy:Yes
• Statements of Financial Conditions:
• Internal & External Security Disclosure:
• Notes:

GLBSE

• Website: https://glbse.com/
• Alexa Traffic Rank: 375,154
• IPv4 address: 199.27.134.223; CloudFlare; San Francisco, California, United States
• Physical Address:(James McCarthy) 21 Rivington Road, Chorley, Lancashire, PR60EX, United Kingdom
• Other Address:
• Phone:+44.7577006897
• Full Time Employees:
• Registered Name:Unknown
• Registered Address:
• Registration Number:
• Registration Authority:
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management:
• Banking Partner(s): Not Applicable
• Products: Bitcoin related CyberStocks & CyberBonds
• Fee Schedule:Unknown
• Possible to create fake Limit Orders:
• Deposit Method(s): wallet
• Withdrawal Method(s): wallet
• Trading Platform:
• API:Available
• Tor Access Policy: Unknown
• Cloud Hosted:Yes
• Privacy Policy:Unknown
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:Unknown
• Notes: www.kalyhost.com is powered by Tibanne Co (MtGox)

BitParking Namecoin Exchange

• Website: https://exchange.bitparking.com
• Alexa Traffic Rank: 401,715
• IPv4 address: 206.71.179.116; M5 Computer Security; San Diego, California, United States
• Physical Address: Unknown
• Other Address: PO Box 109572 Newmarket, Auckland, New Zealand 1149
• Phone: +64.48890285
• Full Time Employees:
• Registered Name: Chris Double (Sole Proprietor)
• Registered Address:
• Registration Number:
• Registration Authority:
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management: Chris Double (DoubleD)
• Banking Partner(s): Not Applicable
• Products: NMC/BTC
• Trading Fee Schedule: 0.4%
• Possible to create fake Limit Orders: No
• Margin APR:
• Deposit Method(s): Wallet
• Withdrawal Method(s): Wallet
• Trading Platform:
• API:Available
• Tor Access Policy:
• Cloud Hosted:
• Privacy Policy:Unknown
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:Unknown
• Notes: OpenID Login; Mining Pool

Camp BX

• Website: https://campbx.com/
• Alexa Traffic Rank: 2,007,137
• IPv4 address: 209.105.246.91; EBL Global Networks; Dallas, Texas, United States
• Physical Address: 2002 Summit Blvd #3000, Atlanta, GA 30319
• Other Address:
• Phone:Unknown
• Full Time Employees:
• Registered Name:BulBul Investments LLC
• Registered Address: 23109 Deer Trail, Alpharetta GA 30004
• Registration Number: 11022620
• Registration Authority:Georgia Secretary of State
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management: Keyur Mithawala
• Banking Partner(s): Unknown
• Products: BTC/USD, Shorting
• Fee Schedule:0.55% Trading Volume Discounts
• Possible to create fake Limit Orders:
• Deposit Method(s):Dwolla, Checks, ACH, and USPS Money Order. Bill Pay being discontinued.
• Withdrawal Method(s): Dwolla, ACH, Bank Wire
• Trading Platform: Proprietary
• API:Available
• Tor Access Policy:
• Cloud Hosted: No
• Privacy Policy: "We do not sell or share your information with any other commercial entity. "
• Statements of Financial Conditions:"No corporate debt or unfunded liabilities, fully solvent."
• Internal & External Security Disclosure:Available
• Notes: Updated 2012-08-18

CryptoXChange

• Website: https://cryptoxchange.com/
• Alexa Traffic Rank: 824,357
• IPv4 address: 223.27.10.178; Web24 Pty Ltd; Blacktown, New South Wales, Australia
• Physical Address: 64 McNamara Street Orange, New South Wales 2800, Australia
• Other Address:
• Phone: +61 28 005 1901
• Full Time Employees:
• Registered Name: Kenseycol PTY LTD
• Registered Address:
• Registration Number: ABN 12140244828
• Registration Authority: The Australian Business Register
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal: Australian Securities & Investments Commission
• Management: Ken & Colin Armitt
• Banking Partner(s):Unknown
• Products: BTC/AUD, BTC/USD, BTC/NMC, NMC/AUD, NMC/USD
• Fee Schedule: 0.50% or Flat Monthly Fee
• Possible to create fake Limit Orders: Yes
• Deposit Method(s): AurumxChange, Bitinstant
• Withdrawal Method(s):Unknown
• Trading Platform: Proprietary
• API:Available
• Tor Access Policy: Unknown
• Cloud Hosted:
• Privacy Policy:Available
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:Available
• Notes: Discrepancy in Company Registration, Business Name shows DBA "Mr Bitcoin"

BitFloor

• Website: https://bitfloor.com/
• Alexa Traffic Rank: 1,193,787
• IPv4 address: 173.255.224.104; Linode; Atlantic City, New Jersey, United States
• Physical Address:Unknown
• Other Address: P.O. Box 21053, New York, NY 10023
• Phone: +1 646.580.3728
• Full Time Employees:
• Registered Name: BitFloor Inc
• Registered Address: Registered Agent
• Registration Number: 4137198
• Registration Authority:New York State Department of State, Division of Corporations, State Records & UCC
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal: MSB# 31000005224108
• Management: Roman Shtylman
• Banking Partner(s):Unknown
• Products: BTC/USD
• Trading Fee Schedule:0.4% + Liquidity Rebate
• Possible to create fake Limit Orders: No
• Deposit Method(s): Cash, ING Person2Person, Bank Wire
• Withdrawal Method(s): ACH, Bank Wire
• Trading Platform: Proprietary / Open source (gateways and website are closed source, matching engine is available)
• API:Various
• Tor Access Policy: Allowed
• Cloud Hosted:Yes
• Privacy Policy:Available
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:Available
• Notes:

BTCex.com

• Website: https://btcex.com/
• Alexa Traffic Rank: 964,413
• IPv4 address: 78.47.78.167; Hostarium; Berlin, Germany
• Physical Address: Unknown
• Other Address:
• Phone:Unknown
• Full Time Employees:
• Registered Name:Unknown
• Registered Address:
• Registration Number:
• Registration Authority:Germany(), Russia()
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management:Unknown
• Banking Partner(s):Unknown
• Products: USD/BTC, USD/NMC, BTC/NMC
• Trading Fee Schedule:0.2%-0.65% Based on Product
• Possible to create fake Limit Orders:
• Margin APR:
• Deposit Method(s): Liberty Reserve
• Withdrawal Method(s): Liberty Reserve
• Trading Platform:
• API:Available
• Tor Access Policy:
• Cloud Hosted:
• Privacy Policy:Unknown
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:Unknown
• Notes:

TheRockTrading

• Website: http://therocktrading.com
• Alexa Traffic Rank: 610,729
• IPv4 address: 50.57.43.202; Slicehost, California, United States
• Physical Address: Via L. Mancini 14, 20129 – Milano, Italy
• Other Address:
• Phone:Unknown
• Full Time Employees:
• Registered Name:Unknown
• Registered Address:
• Registration Number:
• Registration Authority:
• VAT Identification Number:
• Employer Identification Number:
• Other Tax ID:
• FinCEN, AML/KYC, other legal:
• Management: Davide Barbieri, Andrea Medri
• Banking Partner(s):ING Group
• Products: BTC/EUR, BTC/USD, BTC/SLL, Other
• Trading Fee Schedule: 1%
• Possible to create fake Limit Orders:
• Margin APR:
• Deposit Method(s): Dwolla, Bank Wire, SLL
• Withdrawal Method(s): Dwolla, Bank Wire, SLL
• Trading Platform:
• API:
• Tor Access Policy:
• Cloud Hosted:
• Privacy Policy:Unknown
• Statements of Financial Conditions:Unknown
• Internal & External Security Disclosure:Unknown
• Notes: Mining Pool

This is a work in progress. Feel free to comment, request additional entries, and link additional information.

In addition to hazek's comment, I would like to add:

Options & Futures are derivatives (offered at icbit.se).
The Bitcoinica platform offers margin not derivatives.

As far as I know, margin is required to trade derivatives but derivatives aren't required to use margin.

I like what you did there.  

Margin trading itself isn't gambling in my opinion (yes, we can argue this forever), I like to use certain references when I have doubts:
1. The Prudent Man Rule: Harvard College v Amory (1830) 26 Mass (9 Pick) 446
2. Internal Revenue Code (IRC): Section 165(d),income-tax deductions of gambling losses.
3. Various US Federal & State laws distinguishing games of chance versus games of skill.

With that out of the way...

I believe margin trading offers the best means (so far) to establish a bank offering interest on deposits for the Bitcoin community. Where the establishment's profit marging is (margin interest rate) - (deposit interest rate). Notice from the posts on Bitcoinica threads how people were using the site as a bank.

I like this project.

My understanding is that Intersango LTD ( or Bitcoin Consultancy LTD, Bitcoinica LP, Core Credit LTD) owns the code, maybe they will be kind enough to Open Source it?


I agree with this comment. Forced liquidations would reduce the risk for the exchange/broker and make credit checks unnecessary.


I agree.
If, for whatever reason, the owner(s) refuse to release the code, you can always make a better clone including the options to adjust the authorized leverage per contract (BTC/USD, BTC/EUR, BTC/AUD, etc.) and add/remove contracts based on liquidity and/or market demands.

+1 for this initiative

I like the whole idea of Standard Operating Procedures (SOP), Transparency, Disclosures, Best Practices, etc for sites that take custody of customers funds. Not so much as a requirement for starting the site but as a way for potential/current customers to evaluate the risk involved when dealing with them.

The Bitcoin Protocol is innovative but financial institutions on the other hand have been around for a very long time.

Caveat emptor

Do trading sites like MtGox, BTC-E, BitStamp, Intersango, bitFloor, GLBSE, etc need a hot wallet at all?

lol, You guys are going to derail this thread!  

I did lump Liberty Reserve with Paypal, Dwolla, etc in the group as examples of funding options I've seen at some exchanges in the past.

RL= Real Life

I used the RL example because the U.S. brokerage disclosures, documents, FAQs clearly state Bank-to-Bank or Brokerage-to-Brokerage transactions only (exception is stock certificates & Treasuries). I have never heard of anyone using Paypal to do this either and most of these brokerages don't accept cash because of money laundering, fraud, regulations, etc.

Hope this clears it up, sorry for the confusion.

Cheers!



Edit: Clarified further

Hello reg,

You may want to start off with a new user friendly distribution of Linux, for example:

http://www.linuxmint.com/
http://www.ubuntu.com/
http://fedoraproject.org/

... so that you don't have to worry so much about the command line and updating packages.

Distrowatch has a nice list of many distributions: http://distrowatch.com/


Most of the popular distributions have LiveCDs which allows you to test them out without having to format & install.

So only Dwolla's motion was dismissed not Tradehill's entire case?

This would make more sense to me, since I believe Tradehill will win the case. Although, I'm still confused as to why Tradehill or any other exchange based in the USA would allow custormers to use Dwolla, Paypal, Liberty Reserve, etc to fund their accounts. As far as I know, standard practice for RL brokerage firms is customer's bank account to brokerage's bank account and vice-versa.

A few online articles go into some of the details:

http://arstechnica.com/tech-policy/2012/03/lawsuit-illustrates-bitcoins-chargeback-problem/

http://www.americanbanker.com/issues/177_46/dwolla-bitcoin-exchange-tradehill-lawsuit-1047292-1.html

http://www.scribd.com/doc/84125326/Tradehill-v-Dwolla-Et-Al-Complaint-Filed-Copy

If I understood the most recent documents I read (Filed May 31st, 2012), the case was DISMISSED in U.S. District Court for the Northern District of California. Case3:12-cv-01082-MMC Document34 Filed 05/31/2012

Interesting comments, ShireSilver.

I've been searching older threads on this site and have found a few projects that were/are very interesting. With an average of 2000+ new threads and 50000+ new posts every month for the previous 12 months, it is not easy to keep track.

Although, my questions were for the exchange of non-P2P local currencies, I'll go ahead and reference the OP with some of these threads, post, links, etc as we find them.

Cool... which part are you interested in, ThiagoCMC?

Okay, so I unlocked this thread and I'm using the other one to keep track of the results and wallets: https://bitcointalk.org/index.php?topic=91137.0

The second auction's balance is 1 BTC atm and we are at Block# 187941. The Ending Block is 188000 so only 59 blocks to go.

Edit: Auction finished, no takers. 

Poker, eh? I'm guessing either EOHPoker or SOMER Blink.

There are a few forum members here that play Eveonline that I know off. I personally was able to sell a few PLEX in private deals and had my own thread trying to buy/sell them but the problem is the risk of getting permabanned for violation of CCP's EULA/TOS. As a seller the risk is an account ban and the buyer gets a balance reduction of ISK for the amount of the trade. I gave it up after awhile because CCP is on a "Holy Crusade" to shit in their own Cheerios even though almost the entire gaming industry is heading towards a microtransaction business model and professional gamers will be a reality soon™.

Try sending Luceo a PM, I'm not sure if he's buying atm. His thread is: https://bitcointalk.org/index.php?topic=87176.0 .

For selling on a regular basis though, you are kind of on your own. ISK sellers usually build up a list of 100-200 trusted customers and communicate via IRC/IM/Skype etc. Keep in mind CCP's "PLEX For Snitches" reward so sooner or later someone might rat you out.
In my opinion, the risk of getting the banHammer for RMT is probably higher than getting stiffed by someone on this forum.

Good luck and fly safe mate!



 

Hello Xscribble,

Is this a one time sale or are you planning on selling them on a regular basis?

IBTL

PM Sent


Edit: Also note Vanilla Visa's policy...

"Due to changes in applicable law, gift cards purchased after March 31, 2012 may not be used for international transactions or purchases. Please use gift cards for domestic U.S. transactions or purchases only."

Just FYI:

On the Account Management page, you can now buy Aurums:

  600 AUR = $4.99
1500 AUR = $9.99
2500 AUR = $14.99

https://secure.eveonline.com/AurStore/

Thanks for the reply Nachtwind,

Sorry, I have one more question:

Q4: Is there a "Guest" account so I can take a look around without having to register?