Camp BX USA: Ask-Us-Anything Thread - page 2.

Smalleyster

member

Activity: 84

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I yam what I yam. - Popeye

Quote from: SHlFT on July 26, 2011, 04:54:50 PM

Serve is located in the US and backed by American Express

Quote

Serve Service and Card are provided and issued by American Express Travel Related Services Company, Inc. 200 Vesey Street, New York, NY 10285. American Express Travel Related Services Company, Inc. is licensed to engage in the transmission of money on behalf of the public.

AMEX? Run!

SHlFT

newbie

Activity: 42

Merit: 0

Serve is located in the US and backed by American Express

Quote

Serve Service and Card are provided and issued by American Express Travel Related Services Company, Inc. 200 Vesey Street, New York, NY 10285. American Express Travel Related Services Company, Inc. is licensed to engage in the transmission of money on behalf of the public.

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: SHlFT on July 26, 2011, 12:18:29 PM

Another payment / withdraw features would you consider is Serve.com?

And would you make a Android App for CampBX just like MtGox Live?

it would be convenience to me.

Shift,
A dedicated Android app is not in the pipeline so far, however you should be able to use the Web UI on any recent smartphone or tablet. We have tested www.CampBX.com on iPad and iPhone 3GS, and it works very smoothly. We are also working on enabling instant text-message (SMS) notifications for account activitiy.

Hope this helps,
Keyur

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

QT and SHIFT,
We are looking in to other payment options actively, that meet following two requirements:

1) Payment company must have a registered office in the USA
2) Must be willing to sign a contract outlining all terms at the outset.

We will keep you posted as we add more payment options. In the meantime, we have a good working relationship with Dwolla and they have been very responsive to all our questions / requests.

We are going to continue our relationship with Dwolla.

Thank you,
Keyur

SHlFT

newbie

Activity: 42

Merit: 0

Another payment / withdraw features would you consider is Serve.com?

And would you make a Android App for CampBX just like MtGox Live?

it would be convenience to me.

QuickTrader

newbie

Activity: 13

Merit: 0

What other payment / withdraw features will you consider? Thinking of neteller / moneybookers and MTgox USD transfers.

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: nmat on July 25, 2011, 11:47:47 PM

I know that you weren't affected by the "Dwolla scam", but will you still continue to use Dwolla after their update to the Terms and Conditions stating that chargebacks can occur?

Nmat,
We proposed a 3-point solution to make rollbacks risk more manageable going forward, and Dwolla has shown willingness to implement all 3 by end of the week. We take this as a very positive sign, so we are continuing to accept Dwolla deposits. It is business as usual at Camp BX :-)

I will share more details after we tie-in over a phone call tomorrow.

Thank you,
Keyur

nmat

hero member

Activity: 602

Merit: 502

I know that you weren't affected by the "Dwolla scam", but will you still continue to use Dwolla after their update to the Terms and Conditions stating that chargebacks can occur?

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: elements on July 23, 2011, 05:27:08 PM

Sometime ago you introduced your affiliate/referral program.

When will it be possible to see if and how many referrals one has generated.

Use Bitcoin 7 as reference.

Thank you!

Hi Elements,
This change is already in testing - we should be able to push it out in production within couple of days!

Thank you,
Keyur

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: Smalleyster on July 23, 2011, 05:35:49 PM

Could use change order option

I would prefer my orders not to expire unless I ask them to.

Change order is a great idea - we have added that to our priority list, and will follow up with you when we push it in to production!

You have the option to set expiry dates up to 31 days out. However beyond that the expire option was intentional, with the reasoning that it will keep the orderbook more relevant to current prices.

Hope this helps,
Keyur

Smalleyster

member

Activity: 84

Merit: 10

I yam what I yam. - Popeye

Could use change order option

I would prefer my orders not to expire unless I ask them to.

elements

full member

Activity: 182

Merit: 100

Sometime ago you introduced your affiliate/referral program.

When will it be possible to see if and how many referrals one has generated.

Use Bitcoin 7 as reference.

Thank you!

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: grantbdev on July 23, 2011, 01:05:12 AM

Quote from: Keyur @ Camp BX on July 22, 2011, 08:31:26 PM

Quote from: grantbdev on July 22, 2011, 08:04:59 PM

Any plans to be able to fund your account with a debit or credit card? (can any exchange do this?)

Grant,
Credit and Debit card purchases can be canceled for up to 180 days. In the early days of Bitcoin some scammers bought Bitcoins and then called their card company to cancel the charges/payment. That is why all exchanges will be very skeptical to accept cards (same with PayPal).

In order to fund your account, you have to use a non-reversible source. Dwolla is backed by a credit-union in Iowa, so it has become the source of choice for most.

Hope this helps,
Keyur

That's understandable, but a company (and I must say you have the most valid-looking exchange) should be able to deal with that. People are using bitcoins to ship things, and even though you can't reverse the payment the person may not ship the items. So in my mind that counts on trust too.

Dwolla doesn't accept debit/credit either.

Grant - agreed. I believe this can be part of the Bitcoin companies growing-up process! We will certainly look into options to offer more traditional payment modes as we progress.

Thank you,
Keyur

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: random_cat on July 23, 2011, 04:14:52 AM

Quote from: Keyur @ Camp BX on July 22, 2011, 07:23:48 PM

We are also the first Bitcoin platform to bring advanced features like Margin Trading and Short-selling, and have several more exciting and innovative features in pipeline.

I have some questions about your nonexistant margin and short selling trading capabilities. I am not normally a fan of vaporware, but consider these features important and wish to draw out the details.

In your FAQ you describe the offering as liquidation of a margined position upon a 25% drop. Am I correct in assuming that this is a 25% drop in BTC/USD from the opening position? What notification can I expect to receive upon position liquidation (and what timeliness guarantee) so that I can reestablish my short for an additional 2%?

random_cat

RC,
Thank you checking us out! These features were available for testing during our two-week trial period on testnet, so they are certainly not vaporware. We will enable them on livenet when volume improves above a certain point; at low volume they are hard to implement.

You will receive email and text message notifications at 15% and 20% drops, and the trade will be liquidated at 25% drop. Timeliness guarantees are not implied in this, just like your stock broker. You can read a little more about this in "Margin Calls and how to avoid them" FAQ section. Hope this helps!

Thank you,
Keyur

random_cat

newbie

Activity: 30

Merit: 0

Quote from: Keyur @ Camp BX on July 22, 2011, 07:23:48 PM

We are also the first Bitcoin platform to bring advanced features like Margin Trading and Short-selling, and have several more exciting and innovative features in pipeline.

I have some questions about your nonexistant margin and short selling trading capabilities. I am not normally a fan of vaporware, but consider these features important and wish to draw out the details.

In your FAQ you describe the offering as liquidation of a margined position upon a 25% drop. Am I correct in assuming that this is a 25% drop in BTC/USD from the opening position? What notification can I expect to receive upon position liquidation (and what timeliness guarantee) so that I can reestablish my short for an additional 2%?

random_cat

grantbdev

sr. member

Activity: 292

Merit: 250

Quote from: Keyur @ Camp BX on July 22, 2011, 08:31:26 PM

Quote from: grantbdev on July 22, 2011, 08:04:59 PM

Any plans to be able to fund your account with a debit or credit card? (can any exchange do this?)

Grant,
Credit and Debit card purchases can be canceled for up to 180 days. In the early days of Bitcoin some scammers bought Bitcoins and then called their card company to cancel the charges/payment. That is why all exchanges will be very skeptical to accept cards (same with PayPal).

In order to fund your account, you have to use a non-reversible source. Dwolla is backed by a credit-union in Iowa, so it has become the source of choice for most.

Hope this helps,
Keyur

That's understandable, but a company (and I must say you have the most valid-looking exchange) should be able to deal with that. People are using bitcoins to ship things, and even though you can't reverse the payment the person may not ship the items. So in my mind that counts on trust too.

Dwolla doesn't accept debit/credit either.

lemonginger

full member

Activity: 210

Merit: 100

firstbits: 121vnq

Lots of people don't tend to browse the "Newbie" forum, thought you might want in the regular general forum or under the "Currency Exchange" forum

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: lemonginger on July 22, 2011, 09:02:33 PM

Quote from: Keyur @ Camp BX on July 22, 2011, 08:38:15 PM

On a side note, Camp BX is the only exchange that supports both Market and Limit prices. As you start trading more, you will find this feature indispensable.

I like CampBX (see my sig!) but this is not nec. true. VirWox for example offers bother market and limit orders.

Also can a mod move this out of newbies section, especially if this is to become the official CampBX Q&A thread?

LG,
Thank you for pointing out the VirWox feature: I was not aware of it, so have edited the post to correct it.

The intent of this thread was to keep it more of a general Q&A, so hopefully we can keep the discussion going here in this forum.

Thank you,
Keyur

lemonginger

full member

Activity: 210

Merit: 100

firstbits: 121vnq

Quote from: Keyur @ Camp BX on July 22, 2011, 08:38:15 PM

On a side note, Camp BX is the only exchange that supports both Market and Limit prices. As you start trading more, you will find this feature indispensable.

I like CampBX (see my sig!) but this is not nec. true. VirWox for example offers bother market and limit orders.

Also can a mod move this out of newbies section, especially if this is to become the official CampBX Q&A thread?

Keyur @ Camp BX

sr. member

Activity: 299

Merit: 250

Quote from: Smalleyster on July 22, 2011, 08:59:34 PM

Just decided to give you a shot and my first comment is that the dwolla transfer only took few minutes.

You made me do the arithmetic which is a petty negative on a buy order.

I truly do not understand what is so hard of allowing me to put in the amount of USD that I want to spend and tell you at what price and *you* calculate the USD*Price-comission= #btc in order.

Let's see how it goes!

Thank you for trying us out Smalleyster - We are already working on a "Spend X-Amount" type of order that you mentioned. Stay tuned for an announcement soon!

Topic: Camp BX USA: Ask-Us-Anything Thread - page 2. (Read 3182 times)