Australian Bitcoin Exchange - NOW LIVE

[dooglus]

imagine if you could just click a [TRADE] button next to one of the buy or sell orders to instantly agree to that trade, instead of having to go to the trade page and input all the specifics in detail just to take the other side of someone's offer.

I've added this.

There's no "trade" button - you just click anywhere on the order in the orderbook and it takes you to the trade page with the details from that order already filled in.

For my next trick I'll look into redesigning the trade page a bit so you can type the price you want.

[1714031291]

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[1714031291]

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[dooglus]

this is 99% of the way there, thanks!

I can add a one-click link if that really would be useful.  Maybe the first time you click it, you're asked for confirmation, and warned that in future it's a true one-click thing.  Also, the way things currently stand, order matching is only done once per minute, on a first-come first-served basis.  So just because you see an order in the orderbook doesn't mean that it's available for you to match with.  Real-time matching should be coming soon, though.

the other 1% would be if it were truly a ONE-CLICK option, but I understand why you would want people to also click a confirmation.

It's not just to get a confirmation.  The other aspect is that maybe I want the price of the 2nd best offer in the market, but not the whole amount.  I want to be able to click the price, then edit the "I have" down to the amount I want to spend at that price.

I've been playing with the code, trying to get a better way of specifying the order you want to place.  It's kind of awkward having 3 variables ('i have', 'i want', 'price') where changing any one can change either of the other two.  Sometimes maybe I want to buy 5 BTC at a given price, and want the site to calculate how much it costs.  Other times maybe I want to spent $50 at a certain price and have the site calculate how many BTC that gets me.  Probably I never have a fixed amount to spend and a fixed amount I need - which is what the current interface expects me to have.

So we'll have 3 boxes: "have", "want", "price", and:

* editing "have" changes "want" based on "price"
* editing "want" changes "have", based on "price"
* editing "price" changes "want", based on "have"

That's what I'll work on next.  Open to suggestions, as always...

[payb.tc]

anyway good work thanks.

i like this 'mouse-only' trading

[dooglus]

anyway good work thanks.

i like this 'mouse-only' trading

I've just added a 'price' box on the 'trade' page. [ https://www.worldbitcoinexchange.com/?page=trade ]

Please have a play with it and tell me what you think.

Editing either 'have' or 'want' sets the other one, and editing 'price' sets 'want'.  It works well for me on google chrome.  I don't have easy access to Internet Explorer but I would hope that it will work there too.

If you use the 'trade' link on the right, it'll use the best available buy/sell price, switching between the two as you switch between having BTC and AUD, but as soon as you edit the price box, it'll stay fixed until you edit it again.

No 'buy-it-now' (tm) links yet.  That'll wait 'til tomorrow.

[slothbag]

'Price' box looks good.

Impressive to get requested features implemented and live within 24 hours.    Just please dont rush and Gox things up! Security and Accuracy when dealing with peoples AUD/BTC.

Hope to see some more volume coming in.

[dooglus]

'Price' box looks good.

Thanks.

Impressive to get requested features implemented and live within 24 hours.    Just please dont rush and Gox things up!

Good point.  I'll take a few days off before adding any more features. 

[Andre Jensen (World Bitcoin Exchange)]

Hey All,

We are now listed with Bitcoin Markets ticker symbol: wbxAUD (EFT)
http://bitcoincharts.com/markets/wbxAUD.html

Trade Well - Andre

[Bitcoin Swami]

Hey All,

We are now listed with Bitcoin Markets ticker symbol: wbxAUD (EFT)
http://bitcoincharts.com/markets/wbxAUD.html

Trade Well - Andre

Hey guys, I emailed you about your listing on the GLBSE, I was wondering what the benifits of investing are. Its hard to understand for me the way you explain it.   Is it worth it to invest if you're not in AUD?  Do you give out dividend?

[Andre Jensen (World Bitcoin Exchange)]

Hey guys, I emailed you about your listing on the GLBSE, I was wondering what the benifits of investing are. Its hard to understand for me the way you explain it.   Is it worth it to invest if you're not in AUD?  Do you give out dividend?

Hey Bitcoin Swami,

Not currently listed with GLBSE only with Bitcoin Markets, we do think it would be good business to offer dividends and shares in our company but trying to understand the structure of GLBSE is confusing.

If any one would like to explain please be my guest.

Trade well - Andre

[Bitcoin Swami]

Hey guys, I emailed you about your listing on the GLBSE, I was wondering what the benifits of investing are. Its hard to understand for me the way you explain it.   Is it worth it to invest if you're not in AUD?  Do you give out dividend?

Hey Bitcoin Swami,

Not currently listed with GLBSE only with Bitcoin Markets, we do think it would be good business to offer dividends and shares in our company but trying to understand the structure of GLBSE is confusing.

If any one would like to explain please be my guest.

Trade well - Andre

Oh I'm sorry I got you confused with another AUD exchange that just listed itself.  I think nefario can explain it better, but basically.  You issue shares and people buy them and you pay out your profits to your shareholders.  There is a voting process too.  People can also trade the shares on the exchange just like people trade bitcoins.  I agree the listing process seems a bit weird but the actual trading and paying your shareholders seems pretty simple.  Its in its infancy right now, but I think once it gets more reputable companies up there it will be very big, IMO.

[Andre Jensen (World Bitcoin Exchange)]

'Price' box looks good.

Impressive to get requested features implemented and live within 24 hours.    Just please dont rush and Gox things up! Security and Accuracy when dealing with peoples AUD/BTC.

Hope to see some more volume coming in.

Hi Slothbag,

All new features are put through a testing phase on our dummy exchange before being released to the market on our live exchange, once we find that our requirements have been meet, launching a new feature to market can happen within 24 - 48 hours depending on the scope and complexity of the feature.

We want you to have the best experience when trading on our exchange, we have found the majority of our users come from mtgox, in order for our users to have the confidence to trade on our exchange we have mirrored some features (e.g 'Price Box') so the transition from mtgox to wbxAUD is easy and less confusing.

We agree not to rush things in the future we do pride ourselves on security and accuracy and we will en-devour to not put our users AUD/BTC at risk.

I hoped to have answered your feedback and appreciate all comments, this is what helps our exchange grow.

trade well - Andre
 

[PatrickHarnett]

Working on the volume - takes time, but there is some liquidity there

[Andre Jensen (World Bitcoin Exchange)]

Working on the volume - takes time, but there is some liquidity there

+1

[Andre Jensen (World Bitcoin Exchange)]

Hi All,

You can now follow us on twitter and receive updates every day at 9am on the exchange.

The following would be shown:
1)  24 hour volume: 14.9504 BTC
2)  buy: 9.5    sell: 10.8    last:     high: 10.79    low: 10    avg: 10.2448

Go To:
http://twitter.com/worldbitcoinx

enjoy.


Trade well - Andre

[Andre Jensen (World Bitcoin Exchange)]

bump

[Seal]

Hi Andre,

Great site, I've been trading on it a lot and make regular withdrawals. I asked a question a few weeks back about an API and you said "coming soon". Can you be any more specific (days/weeks/months)?

Looks like all is going quiet with WBX these days. My withdrawals are taking longer however they do still go through eventually. One question I had was, about the withdrawal reference field. I noticed that whatever I type in the reference field does not appear in my bank statements, instead a 4 digit number starting with 8xxx appears there.

[dooglus]

Hi.

I coded up an API for the World Bitcoin Exchange site a while back.

How would you like to be its first user?

I've done a bunch of testing, and it looks good to go, but so far we've not announced it as being available.

If you want to try it out, tell me your WBX userid, or openid, and I'll get you set up.

I prefer email (dooglus@gmail.com) but PM here works for me too.

Chris.

[Andre Jensen (World Bitcoin Exchange)]

this exchange has been really good to me... a pleasure to use, however i'm having a bit of an issue with some withdrawals not being verified lately and am wondering what the dealio is.

https://bitcointalk.org/index.php?topic=39520.msg686949;topicseen#new

where are you andre? still on xmas holidays?
(Last Active:   January 07, 2012, 01:17:12 PM)

We are back...... sorry for the delay all, we had an extended Christmas and New Year holiday, last year brought us a lot of issues with banking institutions in Australia our accounts closed and frozen and this year has similar problems we had to suspend deposits and withdraws for a few days, we are hopeful this year is better,  also we have started processing deposits and withdraws today.

Happy New year
Andre

[CIYAM]

I had started using WBX to buy Bitcoin but got caught up with their bank account being "frozen" near the end of November 2011.

I received an email from my own bank today telling me that ANZ (which was their bank) has stated that it will not return my money (not sure if that means the bank just decided to keep all the funds from the frozen account?).

With the very real chance of seeing your money just disappear like this I would be very wary to use any exchange that won't *guarantee* to return your funds in case of their issues with their banks.


Cheers,

Ian.

[PatrickHarnett]

Does that mean a complaint to the banking ombdusman is now required?