Camp BX Platform in Beta: Margin Trading, Short Selling, and Advanced Orders

[Keyur @ Camp BX]

Hi everyone,

   We are opening up our new Bitcoin Trading Platform on testnet today.  You will get $10,000 Monopoly money upon opening an account, and you can use your spare testnet coins to try us out.  The trial is expected to last till July 5th.

If you are an advanced trader, you will appreciate the features like:

• Advanced Order Execution like FOK (Fill-or-Kill), (AON) All-or-Nothing orders, Stoploss
• Margin Trading (Fixed at 50% for now)
• And yes, Short Selling!  It was a complex beast to implement due to the identity-blind, credit-averse nature of the Bitcoin network.

Some additional facts about the platform:
We are running on a dedicated server with 8 Intel Xeon cores, and have a second server ready for deployment if necessary with a 6 hour SLA.  All this is designed to ensure a fluid user experience even on high-volatility days.
We have engaged a third-party security audit firm to test the site (This was already done before the Mt Gox hacking incident).  This security audit is going to commence on June 27th, and we will make the audit results publicly available before opening up Camp BX for trading on livenet.


About me:
I know I am not a hero-member on this board, but my background is in operating and optimizing IT platforms for multi-Billion dollar Financial and Telecom companies.  I have applied this experience to Camp BX, and also brought along some of my professional contacts to the table.


So here we go!

http://testnet.CampBX.com/


Things to note:
1) Stoploss feature is disabled till liquidity improves.
2) Visual design has some rough edges that we are working on.
3) We are also working on the Documentation, which is kind of sparse as of now.  We will build out the FAQ/Documentation section as we receive question via helpdesk or this thread.
4) THERE MAY BE BUGS!  If we find any, we will immediately start work on fixing them, but stay away if you really really love your testnet coins. 


Thank you,
      Keyur

[1714102222]

1714102222

[done]

best of luck with your venture

[done]

your getting a 500 on your F.A.Q.

[grue]

Internal Server Error

The server encountered an internal error or misconfiguration and was unable to complete your request.

Please contact the server administrator, webmaster@testnet.campbx.com and inform them of the time the error occurred, and anything you might have done that may have caused the error.

More information about this error may be available in the server error log.

Additionally, a 500 Internal Server Error error was encountered while trying to use an ErrorDocument to handle the request.

[Keyur @ Camp BX]

You guys hit the site before I enabled the database!  Wow this forum is fast ;-)

Please try again now.

[Findeton]

More competition is a good signal.

[SeriousWorm]

Will you accept moneybookers or is this yet another USA-only (practically) (+maybe EU-countries-only) exchange?

[Keyur @ Camp BX]

SeriousWorm,
      Unfortunately we don't have any plans for international expansion for now.  We are going to focus on the USA market only.

Thank you,
     Keyur

[Isepick]

Slick interface. Like the ability to put in stop loss orders. Also nice Dwolla integration. Be interesting to see where this goes.

[triforcelink]

you can use your spare testnet coins to try us out.

how do i get these testnet coins? does not look like anything is moving, all i see are a bunch of buy orders

[Keyur @ Camp BX]

Slick interface. Like the ability to put in stop loss orders. Also nice Dwolla integration. Be interesting to see where this goes.

Thank you!  I believe these order management features are vital to trading, so did not want to launch without them. 

We also have three new ground-breaking features in the pipeline that you will be pleasantly surprised to see in near future.

- Keyur

[bbjansen]

Looks very professional and I am glad to see that you guys are taking this a bit more serious by having a third party security firm analyze it. It seems like some serious thought and lots of money is being put into this. Can't wait!

Question: Why can the password only be alphanumeric?

[datguywhowanders]

First off, it looks really slick. That may not be the most important feature of an exchange, but it is nice.

Second, I'm very, very, very happy that you have launched this for community testing with testnet coins. It shows that you are aware your system may have bugs, but you'd rather have us help you flush them out. I think it's a great idea.

Third, I look forward to reading the security audit when it is released.


Best of luck on your business

[bbjansen]

*Tries to withdraw 10000 USD* 

[Keyur @ Camp BX]

you can use your spare testnet coins to try us out.

how do i get these testnet coins? does not look like anything is moving, all i see are a bunch of buy orders

Quickest way is to use Testnet Faucet by Gavin: it will give you enough to make one or two trades with.
https://testnet.freebitcoins.appspot.com/

A better option is to start your Bitcoin client with -testnet option, and mine a few hundred testnet coins (abundant and really easy to mine).

Hope this helps you get started!

Thank you for trying us out,
    Keyur

[Keyur @ Camp BX]

*Tries to withdraw 10000 USD* 

$10,000 is a gorgeous looking number, isn't it?  Thank you for trying out Camp BX; I am also eager to see how it holds up under Whitehat attacks.

- Keyur


PS: Modified the password policy to allow non-alphanumeric characters.

[NO_SLAVE]

and why should I use this?
Whats going to bring me /us there?
Trust is running on empty for the BTC exchanges.

How about a full disclosure on your security protocols?
tradehill was bright with referrals, although that turned into a decentralized spam campaign.
whats new, this is a fast moving community as you've noted.

[Yankee (BitInstant)]

and why should I use this?
Whats going to bring me /us there?
Trust is running on empty for the BTC exchanges.

How about a full disclosure on your security protocols?
tradehill was bright with referrals, although that turned into a decentralized spam campaign.
whats new, this is a fast moving community as you've noted.

and why should I use this?
No one is forcing you bub, you don't have to
Whats going to bring me /us there?
Is this a serious question?
Trust is running on empty for the BTC exchanges.
Um..no its not.

How about a full disclosure on your security protocols?
Thats a great idea, why don't we give the hackers our passwords? saves them some effort
tradehill was bright with referrals, although that turned into a decentralized spam campaign.
Totally not tradehill's fault. It was a few emails that went out over a few days, relax
whats new, this is a fast moving community as you've noted.
Is this a rhetorical question?

If you have nothing good to say....dont say it.

Now for the constructive part of my post

This exchange looks amazing, wish you the best of luck
I will be sure to start testing, and will email you some feedback/bugs

[NO_SLAVE]

removed

[vonnieda]

PS: Modified the password policy to allow non-alphanumeric characters.

Glad to see this. I created an account earlier and this jumped out at me right away. Actually signed up on this forum to ask about it but someone beat me to it