Topic: Fast and Private Transactions with QuadrigaCX Online Exchange (Read 2860 times)

They're probably going to get it back in an update. Even if they weren't, they're capable of eating that loss. So it's business as usual

Has anyone tried to withdrawal since the news they lost $14 million?

Been talking to these guy's recently. Great group it would seem.

In Canada the other options I've found are Virtex and VoS..

Virtex continuously changed their pricing and dealing's, an offer would be presented than changed. and they now charge $100/month to use their API keys... CaVirtex is in this purely for the dollar, every time I would reply to someone, I'd get a response from a different person and have to start over.

VoS is impossible to communicate with. I get comments form staff such as "pretty sure that's illegal" than I can't get responses for day's. Or term's change. I gave up dealing with them.

The Quad group may be small but they have no fee's, at least for now. And they answer a question when asked, to the point and don't beat around with changes.

I'm trying to find the best exchange to run an ATM machine, Quad will be getting our business, as far as the other Canadian exchange's I'd care less if they disappeared.

Just to make a quick post. 
     
     I tried out the service, sent 0.5btc, traded it out for Cad.$, used the e-mail transfer deposit to a major Bank,  transfer was fast, under one hour.  Had one minor problem, support took care of it quickly on a Sunday no less.  They are new and volume is low, for now.  They don't offer any LTC trading yet, still it's nice to see some competition for Virtex, we shall see if the volume increases.   If I get out to Vancouver soon I will stop in and say hi.  I never keep holdings online unless I am cashing out or trading for the day, and suggest you follow the same practice with any online entity.  Keep up the good work.


cheers.

He said "no." I assume that's because Paypal is easily reversible.

Fine, I'll read it. You probably know the deal about us by now, though--the link would say basically what I already told you. So far the exchange appears to be doing extremely well, with $1.2 million invested in the company and probably more than that transacted by now. Their ATM is not even here, yet, and some exciting announcements are on the way. I'm not a Linux user, so I'm going to make one of the tech wizards review your GPG signature request.

For what is worth I can vouch that support is very responsive and that withdrawals and deposits do work. There were some delays and slight issues, but nothing serious that could not be remedied. As stated the website is still in beta phase and it seems they're still ironing out some bugs, but all in all a nice place to trade.

Linking to content needed in order to rationally judge a given piece is not repetitive, it's necessary. If you've already done the legwork and people seem unaware of this, then yes, the correct thing is to link them to it. Nobody with a clue is going to be offended by the delivery of desired information.

Anyway, the post linked is most certainly not "for newbies". Newbies do not stand a chance in the first place. This is bitcoin business, not a beach boardwalk full of competing cotton candy kiosks (despite how much that latter might seem to be the case if you look around without your sanity goggles on).

That guide is for people who wish to start a business and who do not have all of the pieces; having all of said pieces is a supreme accomplishment and very few entities ever arrive with them intact on the first pass. Again, stop taking it personally and try just reading. The tool for reasonably proving that you are who you say you are, for instance? Step 1. Can you gpg-sign your announcement up there? It'd be a good goal to set yourself.

Will they take Paypal orders?

I have previously posted the background of the QuadrigaCX exchange directors, and did not want to look repetitive. I just wanted to vouch for QuadrigaCX's honesty on the grounds that they work with and support a community organization that volunteers great work for Bitcoin. If you had asked me about the team in charge of securing their system, I would have answered, so I'm not sure why you would assert that I am unwilling to show what we've used when asked. If there is a reasonable method via which I can prove to you that I am the person I say I am, I will do that. Having lurked the forums for some time, however, I know you would not respond amicably if I linked you to a guide for newbies, given the style of its content. I think my response was relatively polite.

Are you offering to handle other people's funds or not?


This is all very nice, but it doesn't condense into "Here is who I am, here is my WoT identity proving I am that person, and here's how you'll know I am specifically qualified to do that which I am proposing to do." This isn't optional, no matter how many shoddy and meanwhile thoroughly ravaged "businesses" you've seen eschewing these very basic steps in BTC.


Stop taking it personally. If you propose to run a business in bitcoin, and to operate in a specialized field requiring specific expertise and knowledge, you need to actually use some building materials. If you can't show what you've used when asked, or you have to resort to complaining that people didn't take your meaningless (in context, you know?) initial presentation the way you wanted them to, it's a pretty good sign that going back and examining the structure of your thing is in order.

This doesn't mean your idea is necessarily bad, or that you're a bad person or whatever else. It means people can see, from your announcement alone, that you're on the same track as those scores of businesses mentioned above were once on. That you've either missed or incorrectly scored as unimportant several crucial steps towards building something trustworthy and sustainable. When this is pointed out to you, it's a blessing; fighting it and taking it personally are just about the worst moves you can make.


Next time, start with this, but again, it's not personal. Bring them out first thing, get your principals in the WoT, and publish the essential stuff as outlined.

Plea for money? You realize the trading platform has no fees, right? 

You can easily come meet us in person at any of the Meet Up events. We are the group who built the POS system most of the Bitcoin businesses in Vancouver are using, which we worked tirelessly over the past year to accomplish. Personally, I signed up the Waves Coffee House that houses the first ATM in the world using existing Meet Up clout (as well as the first night club, the first Indian restaurant, etc), and my reputation in the community would be tarnished if my associates in the Cooperative chose to scam you. Given that our POS system is free and open source, and that we have volunteered massive amounts of time and money to spread Bitcoin adoption--and you can easily see the results here in Vancouver, if you've been reading the news--I don't think your condescension is warranted. If you had chosen to politely ask specific questions, I would have responded in kind.

Directors Mike and Gerry have been involved in the e-currency industry for years. I will give you their contacts if you want to chat. If your concerns are technical, I believe some of the Co-ops members helped code QuadrigaCX's system, and these include senior Samsung server engineers, experienced app developers and a retired IT professional for the federal government. You can speak to them, too, if you wish to ascertain their level of knowledge.

Why is what I quoted. Did I miss a post fully and thoroughly outlining who these nameless "directors" are, what qualifies them to be running a trading platform, how said platform has been planned, what measures towards security have been taken, and so forth, which you also failed to link to in this announcement? 'Cause if so, kindly point me there. Otherwise, this is yet another empty plea for trust and money, and if you'd like to bridge the gap between that and what you thought you were doing, reading is in order.

Why

See here.

That sounds great, I'll give it a shot one of these days.
Best of luck with this exchange.

It should only take a few hours, as do other withdrawal methods. QuadrigaCX can send to any country except the US not blacklisted by Western Union.

How long do western union withdrawals usually take? Do you send to any country?

Yeah, we'll get right on that. 

Add pls instant withdrawal via blockchain api, it would be easier to hack you

Conceptually, you are correct. However, cash deposits do not require any verification as they are not reversible. This would be more in the case of an online bill pay, interac transfer, etc.

I think it's to prevent fraud, like in case somebody tried to deposit cash, buy bitcoins, withdraw bitcoins and then dispute the fiat transaction (if reversible). If you make an account, you should be able to see which money transfer methods require user verification and which don't.

EDIT: This is correct. No withdrawals require verification for this reason. However, any deposit that would be trivial to reverse does require it.

How do you define a high-risk deposit?

The beta version of QuadrigaCX's online trading platform is live and ready to use! The directors are Co-op members and extremely committed to your privacy, requiring verification only for high-risk deposit/withdrawal methods to prevent fraud. QuadrigaCX is an international exchange, but Canadian through and through, and uses $CAD as its base fiat unit. Other cryptocurrencies should be added later--check it out at https://quadrigacx.com/. All withdrawals are initiated within 24 hours, for those of you still reeling from Gox.