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Topic: Bitcoin on Oanda (Read 13418 times)

legendary
Activity: 1008
Merit: 1007
June 10, 2013, 03:46:03 PM
#49
In the case of something like BTC there's no centralized single exchange they'd be front us, so they would need to match buy/sell orders and act as their own exchange, basically.

I highly doubt that. It's quite likely they'll just use MtGox for the feed and for the orders as that is the biggest exchange, as the other forex brokers trading bitcoin have.

The only exchange/broker combo that I know of is Kraken.
legendary
Activity: 3710
Merit: 1586
June 10, 2013, 02:55:51 PM
#48
Wow bitcoins on xe. That is big news. I think it deserves its own thread!
sr. member
Activity: 434
Merit: 250
June 10, 2013, 02:00:19 PM
#47
I like Oanda, but you've got to remember that a broker != an exchange.

A broker has a price-feed which they take from an exchange - they act as a middle-man between you and the exchange they post your trades on, which has limited value when you can trade directly with the exchange yourself.

That is correct but for retail customers who trade Forex on Oanda, it isn't like you can go to a forex exchange to trade more directly. ie: ETrade is a middle man between you and the NYSE, but you can't go to the NYSE directly to bypass the broker.

In the case of something like BTC there's no centralized single exchange they'd be front us, so they would need to match buy/sell orders and act as their own exchange, basically.
legendary
Activity: 1008
Merit: 1007
June 10, 2013, 01:52:47 PM
#46
I like Oanda, but you've got to remember that a broker != an exchange.

A broker has a price-feed which they take from an exchange - they act as a middle-man between you and the exchange they post your trades on, which has limited value when you can trade directly with the exchange yourself.
legendary
Activity: 1316
Merit: 1003
June 10, 2013, 12:48:31 PM
#45
It is BTC, not XBT  Smiley
http://www.change.org/en-GB/petitions/six-interbank-clearing-include-a-symbol-for-bitcoin-in-iso-4217
Not saying it should be this or that, but obviously the market leaders have a different approach to it.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
June 10, 2013, 12:42:18 PM
#44
It is BTC, not XBT  Smiley
full member
Activity: 170
Merit: 102
June 10, 2013, 12:35:36 PM
#43
cool, btc on xe Smiley
legendary
Activity: 1316
Merit: 1003
June 10, 2013, 12:33:50 PM
#42
Obviously XE followed in their footsteps and even though they got the XBT wrong(or not? iso?), they are doing a much better job at it(and will let you choose your language Wink ):


donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
April 27, 2013, 08:33:56 PM
#41
Just need one legitimate forex provider to start trading BTC and all of the other exchanges currencies can go away.
FTFY  Grin
sr. member
Activity: 434
Merit: 250
April 27, 2013, 07:12:03 PM
#40
Just need one legitimate forex provider to start trading BTC and all of the other exchanges can go away.
sr. member
Activity: 435
Merit: 250
April 27, 2013, 07:08:05 PM
#39
Selling 130.000 USD    
   you get 1.00086 BTC
Buying 130.000 USD    
   you pay 1.00086 BTC

Warning: converter full of FAIL.
legendary
Activity: 2632
Merit: 1023
April 27, 2013, 05:38:31 PM
#38
The historical prices by graph are really wrong.....must be daily averaged?Huh but even that seems wrong
full member
Activity: 216
Merit: 100
April 27, 2013, 05:19:32 PM
#37
Great. Is there anyone for whom it works who uses any kind of a GNU/Linux system?

Works fine on Ubuntu 13.04 with Chrome.
sr. member
Activity: 334
Merit: 250
April 27, 2013, 09:06:00 AM
#36
Great. Is there anyone for whom it works who uses any kind of a GNU/Linux system?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
April 27, 2013, 08:56:35 AM
#35
http://www.oanda.com/currency/converter/ works for me. Using Mozilla Firefox on Win7.
sr. member
Activity: 334
Merit: 250
April 27, 2013, 08:44:13 AM
#34
Is it showing up for anyone right now?

Not working for me any time I try.

I created a ticket with OANDA Technical Support, and they are asking for operating system and browser, but before I reply them, lets see if its working for anyone at all?
legendary
Activity: 2632
Merit: 1023
April 22, 2013, 09:09:22 PM
#33
Thanks Mageant! As the product manager for the OANDA currency converter, I'm excited that we've added Bitcoin to our currency converter. You can read more about our announcement on our blog: http://www.oanda.com/corp/forex-lab-notes/2013/apr/22/why-we-added-bitcoin-oanda-currency-converter-1920/.

Let me know if you have any questions or comments! I'm looking forward to feedback from the community.

Chris

I would love BTC on OANDA, I have used your platform over many years and its generally very good, and stable

You can make a killing with gox which is at best a "part time" competitor.....

as long as you let people transfer BTC out easily
member
Activity: 66
Merit: 10
April 22, 2013, 06:04:13 PM
#32
It is not showing for me either.
full member
Activity: 197
Merit: 100
April 22, 2013, 04:29:21 PM
#31
Strange, it should be there.

Do you mind clearing your cache? If that doesn't work, can you fill out http://www.oanda.com/site/contact/feedback? I'll reply and try to figure out why it's not showing up for you.
I tried clearing cache. Still not showing bitcoin in dropdown box. Also I tried two different browsers Firefox and Chrome coming from two different IP numbers. Still not showing.
newbie
Activity: 3
Merit: 0
April 22, 2013, 04:08:24 PM
#30
Strange, it should be there.

Do you mind clearing your cache? If that doesn't work, can you fill out http://www.oanda.com/site/contact/feedback? I'll reply and try to figure out why it's not showing up for you.

Thanks!

Chris
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