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Author Topic: [ANNOUNCEMENT] Exchange AUD for BTC ....Paper trading phase  (Read 741 times)
Andre Jensen (World Bitcoin Exchange)
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August 11, 2011, 02:31:04 PM
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Hi All,

In association with Intersango Software (the guys that brought britcoin to the market). We are proud to announce Australia's first real Bitcoin Exchange, we are an Australian registered company based in the Gold Coast.

In 3 days the site will launch live.

We are giving Australian's the opportunity to paper trade, to get use to the exchange and how it works, when you sign up we will assign you AUD and BTC this is limited to 3 days only, you can not withdraw or deposit funds in the account until we go LIVE.

This will help us test security, order book, trade, withdraw and deposit's, this will help make sure we have a uninterrupted service.

Two factor Authentication is on the exchange for testing.

Our company has been around for 3 years, our background is providing Financial products for High Net Worth Individuals based in Melbourne, we have recently relocated to Queensland as the majority of our customers are here.

Id like to put this pre-introduction to the forum for discussion. you can find us at

https://worldbitcoinexchange.com or http://australianbitcoinexchange.com.au

-Andre
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Andre Jensen (World Bitcoin Exchange)
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August 11, 2011, 02:51:23 PM
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oh i forgot to mention you can login with google or yahoo accounts in the login page, thats only if you dont have a openid account

-Andre
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August 18, 2011, 08:26:15 AM
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The volume is quite low. Perhaps, and this is only a suggestion, start off without charging any fees, once you have a larger customerbase that would be the time to introduce fees.

Britcoin has been completely transparent with this in that it is waiting for accreditation or something before it can charge customers, and now the volume is high.

Of course, the low volume may be due only to the fact that the exchange is incredibly young, of course.

http://images.onbux.com/banner.gif
I then use the money to buy BitCoins. You can too!
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August 21, 2011, 12:04:47 AM
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The volume is quite low. Perhaps, and this is only a suggestion, start off without charging any fees, once you have a larger customerbase that would be the time to introduce fees.

Britcoin has been completely transparent with this in that it is waiting for accreditation or something before it can charge customers, and now the volume is high.

Of course, the low volume may be due only to the fact that the exchange is incredibly young, of course.

Hey Sultan,

While we do charge a small commission to pay for server space, bandwidth, programmers, designers, and other costs, this division of the company is not profitable.

The reason for imposing such a commission is that we don't have the level of investors that Britcoin has to pay such costs.

We like to pride ourselves on transparency, be upfront with commission, code and who we are as a company.

We are a young exchange and yes your correct the volume is currently low, the exchange is increasing in activity daily, with a little over 40 users in three day's now and growing, as Australians become more aware of Bitcoin, we have forecasted for the exchange's volume increase within the next 3-6months.

We have had some positive feedback from users please goto the following link https://bitcointalk.org/index.php?topic=37079.msg462831#msg462831

You can currently make Withdraws and Deposits via (EFT) for "FREE" to Australian Residents.

We thank you for your comments and hoped to have answered your questions.

Trade Well - Andre



 
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