Scheduled Maintenance Update:


Expect disruption to services on Sep 25 2015 from 0500 to 1100

ISP will undergo routine update.

via Swish.

Current waiting time 1-2 day(s).

UPDATE:

Added new deposit option

Bankgiro

*************

Nytt insättningsalternativ

Bankgiro


mvh,
FYB-SE Team

UPDATE:

Added new deposit option

OKPAY

*************

Nytt insättningsalternativ

OKPAY


mvh,
FYB-SE Team

Thanks for the great job man, was a pleasure working with you

Note: This guy is a pleasure to work with, very efficient and easy communication (fast) and easy going designer

I suggest you scroll up and read "how does the p2p system work", but allow me to assist:

How does the P2P system work?

A User who wishes to do a deposit will essentially be buying another Users withdrawal request. The deposit/withdrawal amount options are pre-set for now. This may change in the future. We ONLY provide an in-built escrow platform!

Due to HIGH fraud, which we have been dealing with since inception, Users who wish to deposit SHALL have to place a collateral of 0.01BTC as a show of good faith. This HOLD on the 0.01BTC will be reversed upon confirmation of receipt by the User withdrawing.

Example:

User who wants to Deposit: D
User who wants to Withdraw: W


D has an account with Us and has a positive bitcoin balance of at least 0.01BTC*

1/ Go to “Deposit” page

2/ Select “Amount”

3/ Click “Deposit” - You now have 10 MINUTES to complete this transaction

4/ If there is a matching withdrawal request, skip to step 5. If there is no withdrawal available, either try again later or select a different amount.

5/ Follow instructions, send payment of “Amount” selected to number shown with message shown

6/ Click “Yes, i have sent!” only AFTER you have sent the Swish payment. A temporary HOLD is now placed on 0.01BTC in collateral

7/ Wait for W to acknowledge

8/ W receives Swish notification of incoming payment with ticket number as reference

9/ W receives mail from Us to confirm receipt of incoming Swish transaction with ticket number as reference

10/ W clicks link in mail

11/ D gets “Amount” credited to his/her account with Us & the 0.01BTC hold is released

12/ D gets email informing him/her of the deposit

**********

You will be able to see the order status in the withdrawal page itself - it will say awaiting confirmation and there is a ticket number attached to each transfer order. You may also cancel it. Customer support has been swamped with mails and its the holiday season so expect delays, nevertheless your email will be answered in the order it was received.

We assure you the system has been tested thoroughly, we do not believe in the 'gox' way of pushing changes live to the server - we use a separate test server with several alpha and beta testers. We understand its a little more complicated than a usual system but give it some thought and you will figure it out.

Thanks for bringing this to our attention, it has been fixed.

P2P systemet listar ditt uttag och går igenom när det matchar det med en annan användare som vill göra en insättning i P2P systemet.
Anledningen till att detta tar tid är att en användare måste göra en insättning som matchar ditt belopp, innan det har gjorts så står ditt i uttag i vänteläge.

UPDATE!

Security deposit dropped to 0.01BTC

UPDATE:

How do I deposit?

We have enabled P2P deposits via Swish! You will need to have Swish.

How do I Withdraw?

You may withdraw via our in-built P2P escrow to your bank account using Swish.
The mobile number has to be the SAME number used to open the account with us at FYB. You will not be able to change the number.

How does the P2P system work?

A User who wishes to do a deposit will essentially be buying another Users withdrawal request. The deposit/withdrawal amount options are pre-set for now. This may change in the future. We ONLY provide an in-built escrow platform!

Due to HIGH fraud, which we have been dealing with since inception, Users who wish to deposit SHALL have to place a collateral of 0.1BTC as a show of good faith. This HOLD on the 0.1BTC will be reversed upon confirmation of receipt by the User withdrawing.

Example:

User who wants to Deposit: D
User who wants to Withdraw: W


D has an account with Us and has a positive bitcoin balance of at least 0.1BTC*

1/ Go to “Deposit” page

2/ Select “Amount”

3/ Click “Deposit” - You now have 10 MINUTES to complete this transaction

4/ If there is a matching withdrawal request, skip to step 5. If there is no withdrawal available, either try again later or select a different amount.

5/ Follow instructions, send payment of “Amount” selected to number shown with message shown

6/ Click “Yes, i have sent!” only AFTER you have sent the Swish payment. A temporary HOLD is now placed on 0.1BTC in collateral

7/ Wait for W to acknowledge

8/ W receives Swish notification of incoming payment with ticket number as reference

9/ W receives mail from Us to confirm receipt of incoming Swish transaction with ticket number as reference

10/ W clicks link in mail

11/ D gets “Amount” credited to his/her account with Us & the 0.1BTC hold is released

12/ D gets email informing him/her of the deposit


D buys BTC and is very happy! W gets his fiat and is satisfied.

Why Swish?

Appeared to be the best way to use the banking P2P app to let people make P2P payments, plus it has a 2FA (BankID) built into it - higher security.

Why the security deposit of 0.1BTC?

Idiots were randomly clicking “Yes, I have sent!” without sending anything. This is to keep them at bay.

Doesn’t it discriminate new buyers looking to obtain their first coin?

Unfortunately yes. However, Chrome has to be downloaded by another browser. It’s a long term solution based on the concept of game theory and we believe it will prove itself against the test of time.


And as a bonus . . .

Privacy concerns:

1/ What information do you collect when a User registers?

Email address & phone number. We do not collect any other personal information.

2/ When D makes a P2P Swish deposit W is shown personal information about D and vice versa!

In all voluntary trade (free market capitalism), individuals interact (information exchange). Level of interaction is controlled solely by individuals (ie. amount of information exchanged). Things are very different now, corporations are forced to collect privacy infringing information and store them for way too long because the State says so.

Using our P2P escrow system, D & W see each others names and phone numbers since Swish displays it - we chose to think of it as fraud prevention between themselves.

3/ What information do they see?

That D/W is attempting a financial transaction. That is all.

He/she could possibly be funding his/her account and appears to be interested to buy/sell coins for X amount and via FYB, or not. It's all plausible.

4/ What do We (Company) see?

That order number XXX by UserA was filled by UserB, or still pending.

5/ What happens to the old information collected by Us?

The entity that was tasked to collect and store it is still in-charge of keeping it confidential, but we no longer collect such information. We still stick to our privacy policy and T&C.

6/ What happens when other organizations come to us looking for information?

Please refer to our privacy policy.

7/ Do you have a warrant canary?

Yes, https://www.fybse.se/static/canary.txt

SEK Insättningar / uttag finns nu tillgängligt via vårt nya P2P transaktions system.

Vi har nu aktiverat ett transaktionssystem som tillåter användare att sätta in och ta ut pengar via SWISH!

Enkelt, Säkert och Snabbt!

**********

SEK deposits/withdrawals now enabled via our new P2P Escrow system!


We have enabled escrow services within our system to allow Users to deposit and withdraw funds via SWISH!

Simple, Secure & Fast!

Trade Swedish Kroner (SEK) Balance

You may trade SEK balances on FYB-SE by exchanging it with other users with existing SEK balances.

We are hard at work on an integrated escrow system for trading of exchange balances
Meanwhile, we have setup an IRC channel (#FYB-SE) on Freenode to bring together users of the exchange looking to trade their SEK balances.

How to access #FYB-SE IRC Channel

1. Download an IRC client or use a webclient (https://kiwiirc.com/client).
2. Choose a nickname and register it by typing following command(replace password and email with appropriate values):

/msg NickServ REGISTER password youremail@example.com

3. Check your email for instructions to verify your email
4. Secure your nickname and prevent others from using it :

/msg NickServ SET ENFORCE ON

5. Join #FYB-SE by typing :

/j #FYB-SE


*************

Insättningar av SEK till FYB-SE kommer fungera genom att man skickar SEK till användare som vill göra uttag och på så sätt övertar man det kapitalet användarna önskar göra uttag med.
Vi jobbar med ett nytt P2P system som kommer fungera liknade men som är smidigare och mer utvecklat.
Under tiden har vi gjort en IRC-kanal (# FYB-SE) på Freenode där användare kan kommunicera och berätta om de vill göra uttag eller insättning, vilket belopp och sedan bestämma vem de vill byta till/från sig kapital av.

How to access #FYB-SE IRC Channel

1. Ladda ner en IRC-klient eller använd en web client (https://kiwiirc.com/client).
2. Välj ett användarnamn och registrera det genom att skriva in följande kommando i chattfältet (ändra password och e-mail till det du vill använda):

/msg NickServ REGISTER password youremail@example.com

3. Kontrollera din e-post för instruktioner och för att bekräfta din e-mail.
4. Säkra ditt användarnamn och hindra andra från att använda det:

/msg NickServ SET ENFORCE ON

5. Gå på #FYB-SE genom att skriva:

/j #FYB-SE

Actually we believe we have come up with a simple solution to add the benefits of the centralised world with the advantages of the decentralised world. We are working out the kinks right now and will announce it by tomorrow

For now Users can trade their balances, p2p, with whoever they wish to engage in voluntary trade with. We are creating avenues to facilitate this trading and will update with clear instructions on how to "deposit" and "withdraw" to FYB-SE.

Thanks for using our services and we pledge to continue striving to innovate, while evolving, to serve the community as needed!

Mvh,
TEAM FYB

Vänlig påminnelse: 1 timme kvar att göra uttag på SEK innan bankkontot stänger.

OBS!

Kära Kund

FYB-SE har varit i drift i 16 månader och har stadigt utvecklats till en av de ledande möjligheter för människor att handla Bitcoins i Sverige.
Under denna perioden har vi brottas med tillsynsmyndigheter och flera banker för att hålla vår service operativ.
Tyvärr fick vi ett besked idag från vår bank där de meddelar oss att vårt bankkonto kommer att upphöra på fredag.

Den här gången har vi inte möjlighet att använda ett annat bankkonto vilket innebär att uttag i SEK kommer att upphöra på fredag (14 NOV 2014, 16:30).

Bitcoin insättningar / uttag är opåverkade och kommer fungera som vanligt.

För att lösa detta problemet har vi bestämt oss för följande:

1/ Vi kommer utveckla vårt system så det fungerar som en P2P modell för att bli decentraliserad och mindre beroende av banker.
2/ Vi kommer införa en intern SEK överföringsfunktion på fredag, vilket gör att befintliga användare som vill ta ut sitt kapital kan handla med andra användare som vill göra insättningar i SEK till vår handelsplattform.

Detta kommer att fungera som en alternativ väg för användarna att göra insättningar / uttag medan vi fortsätter förhandla om ett nytt bankkonto.
Vi arbetar också för närvarande med att bli en sekretessorienterad P2P handelsplattform.

Vi ber er - våra betrodda användare - att behålla ert förtroende för oss. Vi kommer att göra allt vi kan för att fortsätta ge er en plattform som erbjuder er ett enkelt och snabbt sätt att  köpa / sälja Bitcoins.

Vi är naturligtvis öppna för alla förslag och kommentarer för att förbättra vår service.

Tack för att du använder vår Service!
FYB-SE Teamet

**********

Dear customer,


FYB-SE has been in operation for 16 months and has steadily grown to be one of the leading avenues for people to trade bitcoins in Sweden. Over this period, we have had to wrestle with regulators and multiple banks to keep the exchange operational.

Sadly, today we received a letter from our bank informing us that our account is to cease operations by Friday (14 NOV 2014, 16:30).

This time, we are left without another bank account and fiat deposits/withdrawals shall cease processing on Friday. Bitcoin deposits/withdrawals are unaffected in any way.

We have laid out all our options and it comes down to the following two:

1/ We cease operations and call it quits

2/ We evolve and adopt a P2P model to become decentralized and less reliant on legacy banks

We have decided not to roll over and die but to go with the latter option and will take a cue from what the Chinese exchanges did when they lost their bank accounts earlier this year.

The Proposal

We will introduce an internal SEK transfer function by Friday, which will allow existing users who wish to withdraw their SEK balances to trade their balances with other users who wish to deposit SEK to the exchange. This will serve as an alternate avenue for users to deposit/withdraw SEK while we continue to try and secure a new bank account. We are also currently working on adding P2P options for additional functionality.

We ask you, our trusted user, to continue to put your faith in us and we will do all we can to continue providing a platform for you to be able to buy/sell bitcoins easily. We are open to all suggestions and any feedback is welcome.

Thanks for using our services!

Mvh,
Team FYB

UPDATE!

Vår service för  internationella insättningar kommer att upphöra då det har varit för lite intresse  av att använda den tjänsten. Vi kommer istället fokusera på den lokala marknaden. internationella uttag kommer fortfarande vara tillgängligt.

We are no longer accepting international deposits due to lack of interest shown and are going to be focusing solely on the local market. International withdrawals are still available.

FYB-SE Team

No it isn't - the 2nd paragraph isn't tamil.

Could be Malayaalam.

interesting how it wasn't used to cause a massive dump.

FARUD ALERT!!!!


It has been brought to our attention that there is a new fraud attempt by one of our "users", please DO NOT pay out to this details and help spread the word on other forums.


FYB Financial Payson Solution
Giro: 164-****
OCR: FYB7629



This information is fake and this "user" has been blocked and will not be able to receive the money or spend it, if you are affected contact us via the contact page and we will reimburse you.

FYB-SE Team

OBS!

Vi kommer utföra serverunderhåll kl 03:00-06:00 på söndag 2014-07-12
detta kommer medföra att hemsidan inte är tillgänglig under den tiden.