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Author Topic: Review of Bitfloor  (Read 1383 times)
alexmat
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June 16, 2012, 04:29:21 PM
 #1

I had a chance to use bitfloor the last couple of days and I wanted to write up a little review about it.

I walked into a Chase bank and deposited some USD to the account bitfloor specifies on its website. The teller asked me for a name on the account, I was a little unsure, but said "bitfloor", she just said "yup" and took my cash. I got the receipt, snapped a picture of it and sent it in. I was expecting to wait a while for a response, but to my surprise, I got one is about 5 minutes. I checked my bitfloor account, and the funds were there ready to trade.

The interface took a few minutes to get used to, but after a trade or two, everything makes perfect sense.

Fees are very reasonable.

I didn't have a chance to test cash withdrawals yet. API looks cool, but haven't messed with it either.

One thing I really like is how responsive the site is compared to other exchanges I've used.

Overall a very nice experience. Recommended.

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Jake
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June 16, 2012, 10:33:45 PM
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Need's more unicorns.

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June 19, 2012, 09:10:13 PM
 #3

I had a chance to use bitfloor the last couple of days and I wanted to write up a little review about it.

I walked into a Chase bank and deposited some USD to the account bitfloor specifies on its website. The teller asked me for a name on the account, I was a little unsure, but said "bitfloor", she just said "yup" and took my cash. I got the receipt, snapped a picture of it and sent it in. I was expecting to wait a while for a response, but to my surprise, I got one is about 5 minutes. I checked my bitfloor account, and the funds were there ready to trade.

The interface took a few minutes to get used to, but after a trade or two, everything makes perfect sense.

Fees are very reasonable.

I didn't have a chance to test cash withdrawals yet. API looks cool, but haven't messed with it either.

One thing I really like is how responsive the site is compared to other exchanges I've used.

Overall a very nice experience. Recommended.

+1. Great exchange. Well-designed. Run by a code-guru who knows what he's doing, and is very responsive.



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SgtSpike
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June 19, 2012, 09:15:57 PM
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I'm a bitfloor convert.  Wink
BoardGameCoin
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June 19, 2012, 09:22:57 PM
 #5

I don't have a Chase branch near me... I'm working on getting the P2P stuff working. Frustrating to incur ACH transfer times at so many steps of the way. <my bank> -ach-> ING -ach/p2p-> bitfloor. At least I think this will be low fees.

-bgc

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
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June 20, 2012, 03:55:17 AM
 #6

I'm also a bitfloor convert also :p

EuSouBitcoin
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June 20, 2012, 08:31:19 PM
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I don't have a Chase branch near me... I'm working on getting the P2P stuff working. Frustrating to incur ACH transfer times at so many steps of the way. <my bank> -ach-> ING -ach/p2p-> bitfloor. At least I think this will be low fees.

-bgc

I love ING Direct's P2P payment service. It's free and the electric orange checking account is actually pretty good too, no minimum balance.
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