Topic: Best (and worst) exchanges to fund w/ USD or EURO (Read 760 times)
Ive heard some dodgy stories about campbx too, haven't heard anything negative about coinbase though. cheers for the heads up - reckon I will steer clear of btc-e. any other suggestions?
I was thinking about using BTC-e until I read that post about people having their international wire transfers lost and with little help from BTC-e.
At this point in the game I am staying away from any companies that have problems like this. I think BTC-e may be in a eastern European country.
I just started looking for exchanges but it seems that Bitstamp, coinbase, campbx may be reputable.
At this point in the game I am staying away from any companies that have problems like this. I think BTC-e may be in a eastern European country.
I just started looking for exchanges but it seems that Bitstamp, coinbase, campbx may be reputable.
From now on, I will avoid BTC-e for transfers of USD in. I've heard many, many reports of those monies being held by BTC-e for unspecified reasons. Anecdotal evidence suggests that the larger the transfer, the longer they hold it at BTC-e. Anything over a few hundred dollars seems to be fair game. The wire transfers seem to go through in a few days, as you would expect. BTC-e just . . . holds it. Their support department is unresponsive.
What I imagine happens is that BTC-e takes advantage of the lack of visibility and uses the money for their own trades. Alternate theories I've heard include exchanges using these new funds to provide each other bridge loans to cover, e.g., large sell orders. Any way you slice it, it amounts to us paying BTC-e a fee in order to give themselves an interest-free loan.
Never again.
- Findiggle.
What I imagine happens is that BTC-e takes advantage of the lack of visibility and uses the money for their own trades. Alternate theories I've heard include exchanges using these new funds to provide each other bridge loans to cover, e.g., large sell orders. Any way you slice it, it amounts to us paying BTC-e a fee in order to give themselves an interest-free loan.
Never again.
- Findiggle.
Title says it all really.
About to try push some solid trade volume, and Im not sure who to send fiat to. Every exchange seems to have someone that's been ripped off by them. I want a safe, reliable place I can send largish amounts of fiat and feel confident that the money is gonna show up in my account. I was initially thinking btc-e but I've read they are having issues with USD transfers at the moment - how about Euros though - anyone had problems? I don't wanna deal with Mt Gox btw.
So if you swear by an exchange, tell me how great they are. If you've been fucked over, tell me about it. Hopefully this thread can stop others from getting ripped off too
Cheers
About to try push some solid trade volume, and Im not sure who to send fiat to. Every exchange seems to have someone that's been ripped off by them. I want a safe, reliable place I can send largish amounts of fiat and feel confident that the money is gonna show up in my account. I was initially thinking btc-e but I've read they are having issues with USD transfers at the moment - how about Euros though - anyone had problems? I don't wanna deal with Mt Gox btw.
So if you swear by an exchange, tell me how great they are. If you've been fucked over, tell me about it. Hopefully this thread can stop others from getting ripped off too
Cheers
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