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Author Topic: The exchange named LakeBTC which I found in BPI of Coindesk  (Read 1689 times)
jay.latty (OP)
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October 16, 2014, 12:22:26 AM
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LakeBTC is one of the ‘Big Four’ exchanges that decide the ‘Bitcoin Price Index’ of CoinDesk. Anybody has ever used it? Are they legitimate?
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Mieehayii
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October 16, 2014, 01:30:14 AM
 #2

Somebody are talking about it countless times on Reddit, this is a recent: http://www.reddit.com/r/BitcoinMarkets/comments/2ixre7/isnt_lakebtccom_suspicious/

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Jamacn
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October 16, 2014, 03:34:24 AM
 #3

I used, but no additional feeling.

Just like Bitstamp, LakeBTC is only support Bitcoin virtual currency, and not any additional function ( e.g. lending, short, margin etc ) except buy and sell. But I think this is perhaps one of the success factors of LakeBTC and Bitstamp.
jay.latty (OP)
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October 16, 2014, 03:48:59 AM
 #4

They have a 30-day volume of 150,000 BTC. That's a quarter of Bitfinex/Bitstamp. But what I wonder is if they are credible.
jayjay00001
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October 16, 2014, 05:43:19 AM
 #5

I used, but no additional feeling.

Just like Bitstamp, LakeBTC is only support Bitcoin virtual currency, and not any additional function ( e.g. lending, short, margin etc ) except buy and sell. But I think this is perhaps one of the success factors of LakeBTC and Bitstamp.
Maybe, but in the common greed and ambition, human beings are related. That's why these gambling games are popular.
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October 16, 2014, 08:20:18 AM
 #6

I used, but no additional feeling.

Just like Bitstamp, LakeBTC is only support Bitcoin virtual currency, and not any additional function ( e.g. lending, short, margin etc ) except buy and sell. But I think this is perhaps one of the success factors of LakeBTC and Bitstamp.

Add one, Bitatamp and LakeBTC both are the gateway of Ripple. https://support.ripplelabs.com/hc/en-us/articles/202847686-Gateway-Information

But there are more different places, I believe the verification is the biggest difference, I'm annoying on bitstamp that they actually ask me where are my bitcoins come from? That's why I have been not to Bitstamp for a long time.
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October 16, 2014, 09:34:06 AM
 #7

Quote
Anybody has ever used it?

I used it, but these perhaps will help you better


Quote
Are they legitimate?

I think that TreaExchange is the sole legitimate currently.
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October 16, 2014, 09:47:23 AM
 #8

I have heard good things about it though I have personally never used it. As folks have pointed out, restricting themselves to spot long/short markets may be working for them

jayjay00001
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October 17, 2014, 12:50:08 AM
 #9


They have been one part of the bitcoin price index which decided by Coindesk, really?
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October 17, 2014, 03:53:05 AM
 #10

I opened an account in lakebtc several months ago, but i found it's the most expensive exchange.
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October 17, 2014, 05:48:56 AM
 #11

I opened an account in lakebtc several months ago, but i found it's the most expensive exchange.

Compared to the price, security is more important
jayjay00001
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October 17, 2014, 09:21:36 AM
 #12

I used, but no additional feeling.

Just like Bitstamp, LakeBTC is only support Bitcoin virtual currency, and not any additional function ( e.g. lending, short, margin etc ) except buy and sell. But I think this is perhaps one of the success factors of LakeBTC and Bitstamp.
You mean lending, short, margin etc are evil?
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October 18, 2014, 09:37:45 AM
 #13

LakeBTC is one of the ‘Big Four’ exchanges that decide the ‘Bitcoin Price Index’ of CoinDesk. Anybody has ever used it? Are they legitimate?


Thanks for bringing this up. We are a business with all required documents, and we enforce the necessary AML/KYC rules to stay compliant.

Your fund and personal data are safe with us.

LakeBanker: Free Banking for the World     LakeBanker.com   Token Sale. Participate Now!
timtim363
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October 18, 2014, 11:50:45 AM
 #14

LakeBTC is one of the ‘Big Four’ exchanges that decide the ‘Bitcoin Price Index’ of CoinDesk. Anybody has ever used it? Are they legitimate?


Thanks for bringing this up. We are a business with all required documents, and we enforce the necessary AML/KYC rules to stay compliant.

Your fund and personal data are safe with us.

Sounds good, but where is your team based and who are they?
bitcoinaarush
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October 18, 2014, 01:36:35 PM
 #15

LakeBTC is one of the ‘Big Four’ exchanges that decide the ‘Bitcoin Price Index’ of CoinDesk. Anybody has ever used it? Are they legitimate?


Thanks for bringing this up. We are a business with all required documents, and we enforce the necessary AML/KYC rules to stay compliant.

Your fund and personal data are safe with us.

Sounds good, but where is your team based and who are they?

Do you have any customer feedback?
LakeBTC
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October 19, 2014, 01:02:16 AM
 #16

LakeBTC is one of the ‘Big Four’ exchanges that decide the ‘Bitcoin Price Index’ of CoinDesk. Anybody has ever used it? Are they legitimate?


Thanks for bringing this up. We are a business with all required documents, and we enforce the necessary AML/KYC rules to stay compliant.

Your fund and personal data are safe with us.

Sounds good, but where is your team based and who are they?

We are here: https://www.lakebtc.com/s/about?locale=en

And here's an interview with our CEO: http://cointelegraph.com/news/112112/a-ban-should-target-risky-products-and-foul-players-not-bitcoin-itself-lakebtc-ceo-thomas-xie


LakeBanker: Free Banking for the World     LakeBanker.com   Token Sale. Participate Now!
nicebtc
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October 19, 2014, 02:12:18 AM
 #17

LakeBTC is one of the ‘Big Four’ exchanges that decide the ‘Bitcoin Price Index’ of CoinDesk. Anybody has ever used it? Are they legitimate?


Thanks for bringing this up. We are a business with all required documents, and we enforce the necessary AML/KYC rules to stay compliant.

Your fund and personal data are safe with us.

Sounds good, but where is your team based and who are they?

We are here: https://www.lakebtc.com/s/about?locale=en

And here's an interview with our CEO: http://cointelegraph.com/news/112112/a-ban-should-target-risky-products-and-foul-players-not-bitcoin-itself-lakebtc-ceo-thomas-xie



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