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Author Topic: Any Canadian bitcoin buyers or sellers try Virtex Exchange yet?  (Read 12982 times)
Lambontae
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June 08, 2011, 08:49:51 PM
 #1



Any Canadian bitcoin buyers or sellers try Virtex Exchange yet?
https://www.cavirtex.com/home


Seems his site is very very new, domain registered June 3/11. Anyone try this one yet? I'd be nice to have a simple automated service comparable to Mt.Gox for Canadians....

If there's any other services like this, for Canada (other than Nanimao gold) lemme know.
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kelvie
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June 08, 2011, 09:56:13 PM
 #2

You can talk to the devs in #bitcoin-cad on the freenode IRC network.  Grady2000 is friendly and part of the project.

[edit: spelling]
torbank
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June 08, 2011, 10:08:42 PM
 #3

This is exactly what I've been looking for, for a while now.

I'm going to try depositing later this evening and see how it goes.
zer0
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June 08, 2011, 10:46:17 PM
 #4

This is awesome, but slight problems, system let's you buy/withdraw up to $10k no ID however crappy Canadian law is max $1999 per transaction and you have to take ID

Also this site is not set up to prevent fraud. Places like carder.pro have 1200 TD bank logins for sale where anybody can sign in and send an Interac Email payment. 1hr later receive untraceable currency, a carders goldmine.

Another problem.. cash deposits he doesn't ask for a receipt scan. You can easily scam people on craigslist and other sites to go make a cash deposit and fund your BTC account.. make off with the funds (every LR site requests scans or fax of receipt to prevent auction fraud)

Yet another problem.. Moneymart doesn't allow 3rd party loads of cards I already tried :X .. instead there's nishecards and other cdn reloadable debit cards he can use which are more anonymous

Finallly... 1and1.com it's host doesn't do DDOS protection. Every currency site get's DOSd eventually by competitors.

So basically if the 15 F/T carder sites I know of with ~3200 members each of pro fraudsters get wind of this, they will be raping it like a boss
btc4beer
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June 08, 2011, 11:56:33 PM
 #5

It's a good thing you mentioned all that stuff, then. Hopefully they can secure the site a bit more. I'm sure they're still working out all the details of what's required to operate a "legal" exchange in Canada.
Lambontae
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June 09, 2011, 12:08:48 AM
 #6

Yeah, volume says 32 bit coins... Room to grow.... I hope they nail it down, would be absolutely great to have a painless service like this.
ColdHardMetal
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June 09, 2011, 02:36:34 AM
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Not bad. Hope it catches on. I'd love to be able to use BTC to send funds back to my Canadian bank accounts without having to convert to USD first and pay wire fees.

Lambontae
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June 09, 2011, 03:30:39 AM
 #8

I tried it out, xfered a few bit coins to the addy it give you...

Took about an hour to show - probably waiting for confirmation.
Selling at the same price as buyers it was instant.
Now... just waiting for my email money transfer...
JSON
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June 09, 2011, 05:07:49 AM
 #9

Sent them $100 via direct deposit today. The money was online by the time I got home from the bank, which is impressive. I was also able to speak with the owner on the phone and he helped me through the whole process.

I made a few purchases. I quickly found out that orders only go through when you bid over the lowest ask price. You do, however, get the BTC at the lowest ask price. For some reason the system allows two orders at the same price and opposite sides of the market to co-exist. The owner told me they're working on this.

I haven't been able to withdraw the Bitcoins I purchased yet. That part of the system didn't work for me. I assume they're honest though and that'll just take time.

Update: I've been able to withdraw my Bitcoins (http://blockexplorer.com/tx/a3e450d0d8ba939b9eb1d31df7b8685e7808362eb00f21476b050a44b2d1c460#o1). Virtex is completely legit.
gigabytecoin
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June 09, 2011, 07:02:35 AM
 #10

Why is the site down for hours? DDoS already?!?
FreeJAC
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June 09, 2011, 11:55:34 AM
 #11

It is up now. Seems like a fantastic option for us in the great white north.  Cheesy

Donate here.... 18NiDLDA3qRxkEPN36xrzsdSgvEkbDKgNr
Lambontae
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June 09, 2011, 04:27:32 PM
 #12

Yeah, was down for a bit last night.

I looked it up, 1and1 DOES do DDOS protection. .


At any rate, I got my payout email money transfer. He did take the 1.50 for the transfer but counts as a bank fee.
dkehler
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June 09, 2011, 05:25:15 PM
 #13

This looks really promising, but my bank does not yet support Interac epayments.  Is direct deposit dangerous?
falcoiii
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June 09, 2011, 10:35:07 PM
 #14

This site works as advertised:

I used the service with Interac e-mail - money was deposited in 1.5 hours - website says 1 - 3 hours.   Smiley

Bitcoins purchased without a glitch.  Smiley

Trade volume definately seems light - hopefully this will pickup when more people join. 

No transaction fees (for now) are really nice!  Smiley
dkehler
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June 10, 2011, 01:08:39 AM
 #15

I should clarify my question.  Would it be dangerous to input the required banking information to my virtex account for the purpose of withdrawing money from virtex to my bank?
SneeKeeFahk
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June 10, 2011, 03:00:54 AM
 #16

Can verify that the service works and the money transfers actualy arrive, attempted a small transfer of 1BTC money was transfer extremly quick under 1.5 hours.

A+ hopefully the site gains more momemtum and is around for awhile.
dkehler
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June 10, 2011, 03:12:01 AM
 #17

Bit the bullet and made a small trade.  Works fine!  Withdrew the money no problem.
R1d3rrR
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June 10, 2011, 03:12:45 AM
 #18

Gonna give a try to this service. Was looking for something like that long time ago...

Works grate. Got e-transfer. Recommended
Tolkien
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June 10, 2011, 05:40:59 AM
 #19

Now if only the people who praised the service had post counts in the double or triple digits.. :| I would love to use VirtEx but I'm not convinced.

1PoUmqeGrgT2174pPFHX2Tz5roo62jvn5y
Acheron89
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June 10, 2011, 07:34:40 AM
 #20

I'd love to give this a shot, because it provides a more permanent solution for me. I'm with Tolkien though: not until someone else with good rep gives it a shot.
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