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Author Topic: CampBX Launch - Free Trades for All Bxlievers!  (Read 12160 times)
Keyur @ Camp BX
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July 05, 2011, 02:08:51 PM
 #1

Good morning everyone,
   We are happy to announce that Camp BX platform is live for trading!  As a welcome to early adopters and Bxlievers, we are offering free trades through July 15th.

https://CampBX.com/

   A big thank you again to all the testnet participants for trying out the Camp BX platform and sharing their excellent ideas and feedback. Without you, we wouldn't be here!

Three quick notes:
1) You will be charged commissions and we will issue a full refund on July 17th (Sunday).
2) Stop-loss and Margin Trading depend heavily on liquidity, so these features will be enabled when liquidity increases.
3) We have built a statistics-based compliance engine that monitors Dwolla flows and flags potential illegal activity.  We are training this engine and reviewing all USD deposits / withdrawals manually for a couple of days, so they make take a little longer to go through.

Thank you for giving us a chance and happy trading,
      - CBX Team



Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
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becoin
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July 05, 2011, 02:26:10 PM
 #2

Good morning everyone,
Good morning, Keyur. Good work. Just a quick question...

Quote
We have hard-coded additional rules in our trading engine to thwart illegitimate usage of the platform and money laundering.

Does that mean you are directly interfacing your platform with some of the 3 letter agencies?

18sNtvUmtW6nrQXfYt1wvviGockSWxhPBX
Keyur @ Camp BX
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July 05, 2011, 02:31:07 PM
 #3


Does that mean you are directly interfacing your platform with some of the 3 letter agencies?


Becoin,
     Great question - The engine flags these accounts for manual review, and we can refuse the transaction or refund/close the account depending on severity.  We are not tied into any of the 3-letter agencies.

Hope this helps,
     Keyur


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
dinzy
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July 05, 2011, 02:31:39 PM
 #4

Camp BX looks pretty awesome.  

I am not sure the free trade window will get me to jump in quite yet, but I am willing to put some money over there in the 3+ days it will take for my money to leave Gox hit dwolla and then go to camp bx.  

FYI I noticed a typo on the Margin trading section of the faq.  
Keyur @ Camp BX
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July 05, 2011, 02:38:09 PM
 #5

Camp BX looks pretty awesome.  

I am not sure the free trade window will get me to jump in quite yet, but I am willing to put some money over there in the 3+ days it will take for my money to leave Gox hit dwolla and then go to camp bx.  

FYI I noticed a typo on the Margin trading section of the faq.  

Thank you Dinzy - will fix that shortly!


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
elggawf
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July 05, 2011, 02:41:09 PM
 #6

How come the minimum trade is 0.5BTC? I don't think any of the other exchanges do this - MtGox I believe was a $1USD minimum, and I think TradeHill's is 0.01 of either currency.

I was going to play with it some but it looks like I'll have to wait for more BTC to clear. Sad

^_^
stic.man
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July 05, 2011, 02:42:56 PM
 #7

my dwolla deposit was credited within an hour, that was pretty nice

i now have a standing buy order in place

site looks good
becoin
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July 05, 2011, 02:44:23 PM
 #8

The engine flags these accounts for manual review, and we can refuse the transaction or refund/close the account depending on severity.  We are not tied into any of the 3-letter agencies.

But you are legally bound to autoreport those flagged transactions and accounts, right?

Quote
The foundation of our operations is an active and prominent compliance program, and we are committed to maintaining full compliance with State of Georgia - Department of Banking and Finance regulations.

18sNtvUmtW6nrQXfYt1wvviGockSWxhPBX
dinzy
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July 05, 2011, 02:47:51 PM
 #9

How come the minimum trade is 0.5BTC? I don't think any of the other exchanges do this - MtGox I believe was a $1USD minimum, and I think TradeHill's is 0.01 of either currency.

I was going to play with it some but it looks like I'll have to wait for more BTC to clear. Sad

I only see a limit on the quick buy section, i.e. the noob buy.  I doub't it is there in trading as many fractions get filled if you place an order extending away from market price. 
dsky
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July 05, 2011, 02:50:39 PM
 #10

Will there be options for users from europe to add or withdraw funds?
elggawf
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July 05, 2011, 02:52:09 PM
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I only see a limit on the quick buy section, i.e. the noob buy.  I doub't it is there in trading as many fractions get filled if you place an order extending away from market price.  

I just tried to place a sell order for ~0.07 BTC and it told me the minimum is 0.5. Sad

They also do the nasty rounding every other exchange does. At least in the "home" screen, can see see the full balance down to the last decimal place? Potentially 8 decimal places won't screw up the design that much.

^_^
Keyur @ Camp BX
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July 05, 2011, 02:58:01 PM
 #12

The engine flags these accounts for manual review, and we can refuse the transaction or refund/close the account depending on severity.  We are not tied into any of the 3-letter agencies.

But you are legally bound to autoreport those flagged transactions and accounts, right?

Quote
The foundation of our operations is an active and prominent compliance program, and we are committed to maintaining full compliance with State of Georgia - Department of Banking and Finance regulations.

Becoin,
      Our rules engine trips well before the limits set by DBF.  In this case the transactions do not need to be reported.  However if rules engine misses something that we discover in post-analysis, we will run it by our lawyer and determine reporting requirements.

In other words, CampBX does not want to be a place for illegal activity!

Thank you,
    Keyur


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
Keyur @ Camp BX
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July 05, 2011, 03:01:37 PM
 #13

I only see a limit on the quick buy section, i.e. the noob buy.  I doub't it is there in trading as many fractions get filled if you place an order extending away from market price.  

I just tried to place a sell order for ~0.07 BTC and it told me the minimum is 0.5. Sad

They also do the nasty rounding every other exchange does. At least in the "home" screen, can see see the full balance down to the last decimal place? Potentially 8 decimal places won't screw up the design that much.

Elggawf,
    It just requires a quick config tweak on our side to show more Decimal points.  We have set it at 4 to not scare new Bitcoin users who are used to 2 decimal points.  However, we will certainly look into a profile options that lets more experienced users see more precision.

Thank you for trying us out!
     Keyur


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
DonnyCMU
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July 05, 2011, 03:01:58 PM
 #14

Great! Been waiting for a real pros like you guy for weeks!
I hope you would enable the margin trading real soon! (Got many bitcoins, but cash-strapped)
Keyur @ Camp BX
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July 05, 2011, 03:02:24 PM
 #15

my dwolla deposit was credited within an hour, that was pretty nice

i now have a standing buy order in place

site looks good

Thank you and welcome Sticman!  Please reach out to us if you have questions or issues, and we will do our best to resolve them quickly.


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
rdonohoe
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July 05, 2011, 03:04:30 PM
 #16

Looks cool, but again can't use it as it has no European deposit/withdraw.
wumpus
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July 05, 2011, 03:16:12 PM
 #17

Looks cool, but again can't use it as it has no European deposit/withdraw.
You cannot sign up at all as non-US citizen? Or could you, in theory, use BTC deposit and withdraw and only trade there?

Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through FileBackup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
BitQuestr (BitCoinWorldMarket)
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July 05, 2011, 03:23:33 PM
 #18

Good luck, the site looks terrific!
elggawf
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July 05, 2011, 03:48:04 PM
 #19

More rounding issues - it rounds to 1 decimal place when you place an order.

Place an order for 0.78 and it rounds to 0.8 and throws an error because I don't have 0.8BTC in there. Sad

Edit: then the confirmation page says this, which is clearly wrong:

You are selling: 0.7000 Bitcoins (Rounded to nearest 0.05)

^_^
HideousBeastManGuy
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July 05, 2011, 03:48:52 PM
 #20

Was it by design that you the depth of market only shows integer levels?  I'm not sure I'm a fan of that.
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