Questions tagged [exchanges]

This tag should be used for questions regarding exchanges. Exchanges are sites which allow for the conversion of Bitcoins to various world currencies as well as alternate cryptocurrencies.

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7answers
6k views

Where can I buy bitcoins from Ireland without photo ID?

My available methods of payment would be laser(Ireland debit card scheme), mastercard, visa or a bank transfer. I'm a beginner user in Ireland. I'd also prefer not to have to verify my account with a ...
4
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2answers
8k views

Is Binance a scam exchange/wallet?

Now 5 days ago, I initiated a transfer from my Bittrex account to Binance, using Binance's ID code snip and the receiving Address code snip. The coin was immediately removed from my Bittrex a/c but is ...
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4answers
4k views

Is it safe to transfer coins directly between exchanges?

Say you want to transfer some coins from one exchange to another, and you want to do that directly without sending them to an indermediate address. Bittrex' Terms and Conditions, for example, state ...
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2answers
393 views

Can I exchange BTC from CoinBase?

I have read the articles in the BitCoin website and I thought of implementing the BitCoin payment method in my website. I registered at a payment processor website called "CoinBase". Unfortunately ...
4
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5answers
4k views

What programming language should be used to develop Bitcoin exchange software? Why?

I've only heard PHP is terrible (e.g. in the context of Mt. Gox) and a more efficient/more security-oriented language would be preferable for matching orders and account security. Which programming ...
4
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1answer
293 views

Could there be a “run” on Mt Gox? Does Mt Gox use my balance for other purposes behind the scenes?

It's conceivable that Mt Gox would re-use the outstanding balances (USD or otherwise) in other investments (BTC or otherwise). How much liquidity does Mt Gox have in BTC and Fiat dollars in case a ...
4
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4answers
395 views

What are ways a BTC Exchange could steal from its customers, and how can they protect themselves?

Mt Gox is the dominant Exchange that handles BTC to USD conversions. Given the recent spike in price, and that Mt Gox is the primary exchange that publishes this price, it's conceivable that a second ...
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2answers
6k views

How long does it take for an exchange to send me bitcoins?

I'm not sure I understand all of the bitcoin storage options I know there are bitcoin addresses and bitcoin wallets what is the relationship of an address to a wallet? is a wallet mandatory and a ...
4
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1answer
531 views

How does one get money into the Ripple system?

How does one get money into the Ripple system? There appear to be ways how one can lend various currencies in the system, but how does one get non-debt money into Ripple?
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2answers
2k views

Is there an open source bot I can get for BTC-E?

I'm interested in automatic trading but I don't know how to get started.
4
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1answer
118 views

What stops someone from faking a rating on OTC web of trust?

What mechanisms does OTC web of trust have against someone creating several accounts and trading between with themselves over a period of time, giving each other perfect ratings.
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3answers
1k views

Is there a liquidity aggregator service for bitcoins?

I would like to check quotes from multiple bitcoin exchanges in a single, aggregated place. Is there such a service or at least something in that direction out there? Or do I have to connect to each ...
4
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1answer
2k views

Would it be any cheaper to transfer US dollars to Canadian using Bitcoin?

I'm a Canadian working for an American company. I get paid in American which gets deposited into an American account. To get the money to Canada, I write myself cheques from my American account and ...
4
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6answers
250 views

Is there a market for converting my foreign currency and coin into bitcoins?

I'm a coin dealer and I have large ammounts of foreign coins (Euro, British Pounds, swiss francs, Japen Yen ect.. I was wondering if I could deposit those coins into my bitcoin account/wallet?
4
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1answer
192 views

Can the sender of a MtGox code see which account the code is redeemed to?

In other words, if I receive a MtGox code and redeem it to my account, can the person who gave me the bitcoins, via the code, see that my account was the account that redeemed it?
4
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1answer
89 views

Time series data for issues listed on the (now defunct) GLBSE

I would like to get the following data for every issue ever listed on GLBSE: Time series of closing prices since IPO to de-listing (or closing of GLBSE), Date and quantity of initial and secondary ...
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2answers
1k views

I'm in the UK, how to fund my account at mtgox?

It is getting ridiculously hard to get bitcoins in the U.K. International wires are to expensive, my bank doesn't support SEPA. I'm seriously thinking about converting ukash vouchers to cash u account,...
4
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2answers
198 views

How can multifactor authentication be used when there needs to be two people with access?

For a business account at a Bitcoin exchange, either of two people need to be able to send bitcoins or withdraw. This account will be configured with two-factor authentication. How can two of the ...
4
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1answer
307 views

Is the mtgoxlive depth chart information accurate?

Mt. Gox publishes live data which is available at mtgoxlive.com. The chart includes the current market price as well as a depth chart of existing bid and ask prices, which I assume is compiled from ...
4
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1answer
468 views

How does Coinmarketcap calculate the USD price for Bitcoin?

I'm doing a school project in which I'm building my own bitcoin price index similar to coinmarketcap. I want to calculate the USD price for bitcoin by using volume weight averaging from multiple ...
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2answers
441 views

Where to buy huge amounts of Bitcoin?

I read the following article: Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency, Russia Today, February 19, 2018. Where could the man buy such a large amount of Bitcoin? On ...
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4answers
311 views

How can one gauge the reliability, customer service, and transparency of bitcoin exchanges?

There are several exchanges for Bitcoin with a few highly respected ones like Mt.Gox, Bitstamp, bter, bit-e etc. I understand the reason why they require verification of users by supplying their bank ...
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2answers
696 views

Private credit card/debit card exchanges?

I've seen sites that make use of google checkout or other forms of cards processing to convert USD from debit/credit cards to BTC. I know that these types of sites cannot be opened up to the public ...
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0answers
4k views

Which open-source cryptocurrency exchange software is best? [closed]

like BlinkTrade, WLOX, MarginCall, Peatio etc.? However, it should include both bitcoin and ethereum, and if possible a mobile app..
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0answers
1k views

Unconfirmed transactions with Electrum? [duplicate]

This is a problem that gets worse every time I do a BTC transaction with Electrum - I have a transaction being held hostage in unconfirmed status for for 3 days now, despite paying a fee a multiplier ...
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2answers
473 views

Why did bitcoin programmers release mining code?

Why did anyone ever release bitcoin mining code, aside from promoting bitcoin and eventually raising investor awareness? Looking at a price chart, bitcoins were valued at just a fraction of a dollar ...
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3answers
13k views

Where do these coins gain their value?

I have been mining coins for a long time (started with BTC/LTC years ago, moved to altcoins recently) and have realized I am not clear on the actual source of the value. Do the exchanges deem the ...
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5answers
953 views

What money transmission licences are relevant to Bitcoin?

Tradehill was shutdown for various regulation issues, including not having the required money transmission licenses. What were the money transmission licenses that were required? What other ...
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3answers
4k views

Are there bitcoin exchanges that do not require an extensive verification process?

Are there bitcoin exchanges that do not require an extensive verification process to begin trading? I do not want to submit forms on MtGox.
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2answers
10k views

How can I buy bitcoins using Western Union (October 2012)?

I would like to use Western Union to buy some Bitcoins. I have carefully read Bitcoin's wiki page about buying Bitcoins now I'm after users' input about which service they would recommend. There's a ...
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2answers
2k views

Can I convert BTC to USD without a bank account?

Just asking. Say, I want to switch BTC to USD inside Steam Wallet. Is it possible?
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1answer
519 views

BTC Exchanges and Counterparty Risk

I'm doing research on the above topic, but so far haven't found any or at the most only limitedly valuable articles/data published in recent time (past 6 months). What I'm interested in is how users ...
3
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3answers
477 views

Bitcoin Exchanges and Anonymity

I'm new to Bitcoin and I have a few questions about Bitcoin Exchange and how the transactions work. To be more specific, the question is related about the level of anonymity of these transactions. 1) ...
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3answers
19k views

How are parts of Bitcoins traded? [duplicate]

I understand how whole Bitcoins are traded (each coin has its own identifier, this identifier is associated with a wallet), though I do not understand how it is possible to trade parts of a Bitcoin (e....
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2answers
13k views

Is “volume” the quantity of BTC exchanged, or the number of trades completed?

Suppose the following trades happen Trade 1: 100 BTC @ $75 Trade 2: 0.5 BTC @ $76 Trade 3: 100 BTC @ $77 Trade 4: 100 BTC @ $78 Trade 5: 100 BTC @ $78 Five individual trades occurred ...
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3answers
1k views

Automating service with income from VISA and expenses in Bitcoins

Open-org.com is building an online service, which will have income coming from VISA cards, and will pay expenses in Bitcoins. We expect to make something like 100 transactions per day from credit ...
3
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2answers
139 views

BTC/USD price changes approximately the same way over many exchanges at the same time, how?

I have seen this many times, the same minute the price goes down on GDAX, it also has gone down on Bitfinex and Bitmex and Binance USDT etc. These exchanges have different prices, that's ...
3
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2answers
699 views

How do I exchange one cryptocurrency (not BTC) to another (not BTC)?

What if I want to exchange one cryptocurrency (not a Bitcoin) to another (not a Bitcoin). How can I do that? Do I need to exchange it first for a Bitcoin and then exchange a Bitcoin for the target ...
3
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1answer
304 views

China is 98% of the bitcoin market?

I saw the following graphic listing the source as Bitcoinity claiming that the Chinese exchanges are 98% of the "global bitcoin market". Is this true?
3
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3answers
311 views

How to make bitcoins from other cryptocurrencies?

I want to know how can I convert other cryptocurrencies like BlackCoin or LiteCoin to Bitcoin. There are many cryptocurrencies out there and the main difference between most of them and Bitcoin is ...
3
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2answers
73 views

Is there an on the fly service to exchange physical currency for BTC for payment processing? [closed]

I want, as a merchant, to receive money from my customers in the form of bitcoins, to avoid the 2~4% fees. But many of my customers don't have BitCoins. I was wondering if there is a service that ...
3
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1answer
6k views

how much is the initial capital needed to start a bitcoin exchange?

For anyone who has done the math on opening their own bitcoin exchange, how much capital do you need to start an exchange, of course excluding the obvious variables like marketing budget, setup and ...
3
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2answers
706 views

How will a bitcoin ETF be any different from a bitcoin exchange?

The W.Twins bitcoin ETF/trust stock can be converted to real bitcoins. This means that we can buy $100 worth of stock and convert it to maybe 0.5 BTC depending on the current rate. And we can buy 0.5 ...
3
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1answer
292 views

Is Ripple's distributed exchange scalable?

This question asks about the scalability of Ripple in general, and has an ok answer. However, it doesn't mention the distributed exchange built in Ripple. How is its current/future architecture ...
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2answers
450 views

What is the safest way to escrow my money before purchasing bitcoins?

While investigating the process of purchasing items with bitcoins, one site that I was learning about suggested, if you don't have bitcoins, visit LocalBitCoins.com and buy some. OK, that made sense. ...
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3answers
2k views

Has anyone tried arbitrage between exchahges? [duplicate]

Has anyone ever tried this? I've read up on the difficulties of doing it manually, but some of the spreads I've seen are insane. I think it would be worth a try but I don't know where to start.
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2answers
1k views

How do on-line wallet or bitcoin exchanges usually secure their private keys?

I suppose they're kept encrypted as not to do so would be the equivalent as saving plaintext passwords. I heard most of them keep a percentage of the funds in cold storage, but then isn't it ...
3
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1answer
553 views

What regulations are in place for Bitcoin in California?

I'm looking for information on Bitcoin regulation for companies. Since Bitcoin is commodity, if you are a company and selling bitcoins you need to have license. What are the licenses and regulators ...
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2answers
4k views

How does ShapeShift operate on 0-1 confirmations

ShapeShift can exchange user's crypto currency almost instantly. They state that most transactions don't require any confirmations: Small deposits are processed with zero confirmations. Larger ...
3
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1answer
138 views

What does it mean to say that Huobi “self-match” trades?

A reddit post claims that Huobi is faking trade volume by "self-matching" trades. What does it mean to say that Huobi "self-match" trades?