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Exchanges are sites which allow for the conversion of Bitcoins to various world currencies as well as alternate cryptocurrencies.

1 vote

What's the worst-case delay for BTC->USD?

Note that there are many other exchanges and so this answer only holds for MtGox. It's likely that other exchanges require less confirmations and/or have faster withdrawal methods. …
Steven Roose's user avatar
  • 11.9k
16 votes

How do bitcoin exchanges work?

Real exchanges, like MtGox or Bitstamp, are really just a medium between traders. People can set limit orders to buy / sell bitcoins for a certain price. …
Steven Roose's user avatar
  • 11.9k
4 votes

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

Also MtGox, Bitstamp, Bitcoin-24 and probably more popular exchanges support this. …
Steven Roose's user avatar
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3 votes
Accepted

Understanding trading history

Most exchanges work with an order book. In this method, the two parties involved in the trade are slightly different. … Some things that are useful to keep in mind: The bid/ask prices that most exchanges advertise, are the highest buy and lowest sell prices from the order book, respectively. …
Steven Roose's user avatar
  • 11.9k
1 vote

What is the definition of a P2P exchange?

I don't think Ripple currently supports exchanges via gateways. But Ripple is really still very immature (the server code isn't even released yet), so it is very much possible that this is coming. … Whether that will apply to XRP transactions as well as gateway exchanges is unsure to me. …
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7 votes
2 answers
1k views

Who proposed the XBT ticker for Bitcoin and why is it used over the more logical XBC ticker?

Some standard requires tickers for currencies to start with an X. So, the usual abbreviation of Bitcoin, BTC, cannot be used in contexts where this standard is applied. Usually, the unofficial ticker …
Steven Roose's user avatar
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1 vote
1 answer
255 views

Are the Mt.Gox markets for different currencies completely separated?

MtGox supports multiple currencies. Usually referred to as f.e. mtgoxUSD, mtgoxEUR, ... Now, MtGox has different market depth listings for it's different markets and keeps a separate price for them. …
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2 votes

Why do the price of bitcoins vary wildly between exchanges?

But when MtGox went on hold, prices on other exchanges kind of crashed. Probably they just did not crash at the same speed, causing the price of the market with the least volume to decrease faster. …
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6 votes
Accepted

How are parts of Bitcoins traded?

It is not true that individual bitcoins have an identifier. In fact, individual bitcoins do not exist. What your wallet holds are addresses. These addresses can occur in the Bitcoin block chain, whic …
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9 votes
2 answers
3k views

Is there any Bitcoin Exchange that doesn't have fees for euro SEPA deposits/withdrawals?

Since Tradehill disappeared, which was really sad, I cannot find any Bitcoin exchange that let's me deposit and withdraw euros without fees, while they do for US dollars. Both Mt.Gox and Intersango ha …
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2 votes
Accepted

Selling BTC from BitMinter

Bitminter has an auto cash out function. On the Account homepage, you can set a Bitcoin address to which your coins are deposited as soon as you reach a certain amount. I assume you already have a Bi …
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3 votes

What would a new exchange need to be better than the rest?

There are so many exchanges that you can almost certainly find what you need feature-wise. … Some exchanges like Kraken have recently published such proof of reserve. …
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  • 11.9k
11 votes
9 answers
5k views

Is there a forum-like exchange for trading Bitcoins person-to-person?

I was to trade Bitcoins for PayPal quite frequently and I know that PayPal doesn't allow Bitcoin exchanges to accept PayPal payments. …
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  • 11.9k
2 votes

Between which locations are transfers using Bitcoins cheaper than PayPal for 100$?

I don't know what deposit/withdrawal fees are for US dollars, neither if there are exchanges that do not require this fee. I know Intersango does as well. …
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