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Author Topic: Least Goxable exchange?  (Read 1239 times)
Galahad
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June 09, 2014, 02:15:58 PM
 #1

I was just wondering what the strongest Bitcoin exchange is currently and why? What are the best options are on the horizon for exchanges that might provide better security.

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June 09, 2014, 02:22:18 PM
 #2

trust a fake fiat money paper or a paypal chargeback possibility ?
no ... in real world, you must have a "professionnel" that it sell and buy bitcoin.

that why exchange exist.
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June 09, 2014, 02:27:38 PM
 #3

I have been using kraken for some time and have no complaints, once when I needed something the support group helped me immediately out.

+1

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June 09, 2014, 09:45:27 PM
 #4

Kraken followed by Bitstamp would be the least "Goxable" IMHO.

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June 10, 2014, 10:44:59 AM
 #5

Kraken followed by Bitstamp would be the least "Goxable" IMHO.

Why is Kraken less likely to go under?

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June 10, 2014, 10:51:16 AM
 #6

There are no safe exchanges, yet.
Galahad
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June 10, 2014, 11:06:47 AM
 #7

There are no safe exchanges, yet.

What would you consider safe?

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June 10, 2014, 11:11:55 AM
 #8

I'd say Bitstamp and BTCChina.

Both have VC funding and have been around for more than 3 years, and their owners frequent major global bitcoin summits.

Most 'goxable' exchanges: the new 'high volume' Chinese exchanges like Huobi and OKcoin. Stay away from them.



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June 10, 2014, 11:16:08 AM
 #9

I'd say Bitstamp and BTCChina.

Both have VC funding and have been around for more than 3 years, and their owners frequent major global bitcoin summits.

Most 'goxable' exchanges: the new 'high volume' Chinese exchanges like Huobi and OKcoin. Stay away from them.
yeah that chinese exchange are too risky
look at their crazy daily volume at http://exchangewar.info/
almost nine times larger than bitstamp

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June 10, 2014, 04:49:39 PM
 #10

Let me introduce a very good exchange that I am both employed by and use:
ANXPRO.

ANXPRO is a Cryptocoin exchange based in Hong Kong, with a money transmitter licence. We don't fake our volume. We are the first exchange to have a cross-fiat currency order book, meaning that if someone sells BTC/EUR and someone buys BTC/USD, trades can still be paired. This is why our volume might look very high.
Our fees are as low 0.05%, and we support direct banking with Hong Kong and Australia. SEPA deposits and withdrawals are also supported.

Our security features include:
  • Identity Verification for fiat Deposits and Withdrawals
  • 128-bit SSL encryption
  • State-of-the-art trading platform hosted in Tier 1 data centres
  • DDoS Protection

We are also planning an audit to prove that we actually hold the funds that customers deposited.
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June 10, 2014, 07:36:48 PM
 #11

Every exchange as far as I can tell is a little shaky for one reason or another.  For instance btc-e is in Russia or something.  I'd love a site that is clear, easy to use, and there was some assurance that everything was legit so if it went under you could get something back.  Gox was big but so shady about where all the funds were.  See it's weird, the thing that would make an exchange reputable is if there was some big entity backing it, but that also goes against Bitcoin's principles.
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June 10, 2014, 08:09:44 PM
 #12

Every exchange as far as I can tell is a little shaky for one reason or another.  For instance btc-e is in Russia or something.  I'd love a site that is clear, easy to use, and there was some assurance that everything was legit so if it went under you could get something back.  Gox was big but so shady about where all the funds were.  See it's weird, the thing that would make an exchange reputable is if there was some big entity backing it, but that also goes against Bitcoin's principles.

I just think that the exchanges should be P2P as well and I think there are lots of solutions in the pipeline for this but probably none which are ready to use just yet. But I thought I would ask anyway.

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June 10, 2014, 08:55:42 PM
 #13

Every exchange as far as I can tell is a little shaky for one reason or another.  For instance btc-e is in Russia or something.  I'd love a site that is clear, easy to use, and there was some assurance that everything was legit so if it went under you could get something back.  Gox was big but so shady about where all the funds were.  See it's weird, the thing that would make an exchange reputable is if there was some big entity backing it, but that also goes against Bitcoin's principles.

I just think that the exchanges should be P2P as well and I think there are lots of solutions in the pipeline for this but probably none which are ready to use just yet. But I thought I would ask anyway.

No one knows who btc-e's owners are, and they can grab the funds and run away when they want to.
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June 11, 2014, 01:16:44 AM
 #14

Kraken, besides staying up through the entire mal-incident and generally never having problems, allow 2FA via yubikey. This means keyloggers become, more or less, irrelevant. Is there any other exchange with this option out there?

There is no bubble.
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June 11, 2014, 02:18:05 AM
 #15

I trust BTC-e more than any other exchange that I have used.  I know they do not reveal info and such, but if they wanted to cut and run they would have long ago imo.

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June 11, 2014, 03:40:30 AM
 #16

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June 11, 2014, 09:38:58 PM
 #17


Good system, looks promising.

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June 11, 2014, 10:03:12 PM
 #18

I see Kraken recommended as 'safe' and maybe it's safer than Bitstamp. But it seems to be based in California.
I'd like to know if it's relatively easy to send fiat to Kraken, so far I only sent euros to Bitstamp by SEPA.

Sometimes, if it looks too bullish, it's actually bearish
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June 11, 2014, 10:25:29 PM
 #19

I see Kraken recommended as 'safe' and maybe it's safer than Bitstamp. But it seems to be based in California.
I'd like to know if it's relatively easy to send fiat to Kraken, so far I only sent euros to Bitstamp by SEPA.
Kraken does SEPA. It's the top euro-based exchange right now. Takes two banking days to get money there, but that's because the local banking system is slow. Mat claims SEPA happens on the same day for him.

There is no bubble.
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June 11, 2014, 10:42:52 PM
 #20

I see Kraken recommended as 'safe' and maybe it's safer than Bitstamp. But it seems to be based in California.
I'd like to know if it's relatively easy to send fiat to Kraken, so far I only sent euros to Bitstamp by SEPA.
Kraken does SEPA. It's the top euro-based exchange right now. Takes two banking days to get money there, but that's because the local banking system is slow. Mat claims SEPA happens on the same day for him.

OK, thanks. I'll get an account there.

Sometimes, if it looks too bullish, it's actually bearish
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