Topic: Intersango exchange (formerly Britcoin) (Read 75373 times)
The problem is that the want amount field of the orderbook table is used for doing matches when I don't think it should be. Suppose you have an order on the books and someone comes along and fills most of it by offering a much better rate than you asked for.Since want_amount is used in the matching code, you can end up with the leftover portion of your order being matched at a very unfavourable rate for you.
2 weeks ago i had a successfull SEPA payout. Took around 4 workingdays, so it could be faster but I'm glad they payed at all given the current situation...
I would very much like to do some serious selling of BTC on intersango.
However, these reports of SEPA payouts taking WEEKS (as opposed to SEPA next day as I was accustomed to) kind of scare me away.
Any news on this?
However, these reports of SEPA payouts taking WEEKS (as opposed to SEPA next day as I was accustomed to) kind of scare me away.
Any news on this?
See here: https://bitcointalksearch.org/topic/m.1122824
not the same issue i am afraid...
I would very much like to do some serious selling of BTC on intersango.
However, these reports of SEPA payouts taking WEEKS (as opposed to SEPA next day as I was accustomed to) kind of scare me away.
Any news on this?
However, these reports of SEPA payouts taking WEEKS (as opposed to SEPA next day as I was accustomed to) kind of scare me away.
Any news on this?
See here: https://bitcointalksearch.org/topic/m.1122824
I would very much like to do some serious selling of BTC on intersango.
However, these reports of SEPA payouts taking WEEKS (as opposed to SEPA next day as I was accustomed to) kind of scare me away.
Any news on this?
However, these reports of SEPA payouts taking WEEKS (as opposed to SEPA next day as I was accustomed to) kind of scare me away.
Any news on this?
I'd like to load up funds, but I'm honestly worried. Is everything working? is it safe to send/withdraw GBP? is it taking long?
not to be off topic, but how is the bitcoinica payouts going?
hey I'm thinking of doing some trade for BTC/GBP on Intersango and just wondering before I transfer my BTC over, whether the GBP withdrawals are working at the moment since the information on the website is a bit ambiguous. I don't mind delays, just want to make sure it's worth doing the trade on Intersango or better to use MtGox or just hold fast for the time being.
Cheers
Will
Cheers
Will
I'm waiting about 2-3 weeks now for my withdrawal to process. Will know tomorrow I think if they've missed it (end of weekend).
hey I'm thinking of doing some trade for BTC/GBP on Intersango and just wondering before I transfer my BTC over, whether the GBP withdrawals are working at the moment since the information on the website is a bit ambiguous. I don't mind delays, just want to make sure it's worth doing the trade on Intersango or better to use MtGox or just hold fast for the time being.
Cheers
Will
Cheers
Will
Dear Intersango Customers,
A week from now, on Sunday 26th February 00:00:00 UTC (midnight 25th), we will modify the fee schedule to reward Market Makers. This change is designed to improve liquidity.
The average fee users pay will not change.
Orders are either fulfilled right away by 'taking' a current order or they sit on the orderbook before fulfilling another order. Takers will pay an extra fee that is given to Makers as a Market Maker Bonus.
Current site-wide fees are a flat 0.65%. The Taker fee will be an extra 0.30% which is given directly to Makers.
Example:
John places an order to sell 10 BTC @ 1.0 USD. His order is not immediately matched.
Beth places an order to buy 10 BTC @ 1.0 USD. Her order is immediately matched against John's order.
John pays a fee of 10 USD * (0.65% - 0.30%) = 10 USD * 0.35% = 0.035 USD
Beth pays a fee of 10 BTC * (0.65% + 0.30%) = 10 BTC * 0.95% = 0.095 BTC
Beth's Taker-fee is given to John as a Market Maker Bonus.
New bonuses and a VIP system to be announced shortly. By developing the service to reward market makers, users will benefit from having quick access to a more liquid marketplace.
Patrick Strateman, CTO
Intersango
Compliant with our site terms of notifying users 1 week in advance for fee changes, we are announcing a new fee schedule.
A week from now, on Sunday 26th February 00:00:00 UTC (midnight 25th), we will modify the fee schedule to reward Market Makers. This change is designed to improve liquidity.
The average fee users pay will not change.
Orders are either fulfilled right away by 'taking' a current order or they sit on the orderbook before fulfilling another order. Takers will pay an extra fee that is given to Makers as a Market Maker Bonus.
Current site-wide fees are a flat 0.65%. The Taker fee will be an extra 0.30% which is given directly to Makers.
Example:
John places an order to sell 10 BTC @ 1.0 USD. His order is not immediately matched.
Beth places an order to buy 10 BTC @ 1.0 USD. Her order is immediately matched against John's order.
John pays a fee of 10 USD * (0.65% - 0.30%) = 10 USD * 0.35% = 0.035 USD
Beth pays a fee of 10 BTC * (0.65% + 0.30%) = 10 BTC * 0.95% = 0.095 BTC
Beth's Taker-fee is given to John as a Market Maker Bonus.
New bonuses and a VIP system to be announced shortly. By developing the service to reward market makers, users will benefit from having quick access to a more liquid marketplace.
Patrick Strateman, CTO
Intersango
Compliant with our site terms of notifying users 1 week in advance for fee changes, we are announcing a new fee schedule.
Hi, I've been using Intersango for a while now and I'm very happy with it. One thing though... on your fees page you don't say very much about these 'maker/taker' fees. Until I read the above post I didn't even realise they applied to me (I thought "market makers"/"takers" were special people with special privileges, not schlubs like me... yeah I know
). And I wouldn't have ever seen the above post if this thread hadn't bumped up suddenly. So now I look back at my last dozen-or-so transactions and see some have a 0.95% fee and some have a 0.35% fee and I think I grok why. But I'd have been ignorant for a couple more months probably if not for a bit of randomness on this forum.So TDLR: couldja put up the above John/Beth example on your fees page? And prolly also clarify that 0.65% is (?) never a rate that anyone will actually pay, just the average of 0.35% and 0.95%, one of which the trader pays depending on who they are (which IIUC is a question of placing limit order vs market order, yeah?).
Oh and another thing: here's this big thread called Intersango Exchange, in the Project Development forum. And in the Currency Exchange forum I can find... not a peep. What gives?
I should be more general and less specific. Eeeww social networking! 
Eeeww facebook.
At least with Intersango it's optional.
Did you know that Intersango has a Facebook page?
Did you know that Intersango has a Facebook page?
I was looking for this, but couldn't find anywhere; for your API, what is considered a fair usage? What limits are like?
Not sure I understand how this works. Is it only orders which aren't immediately matched that qualify for market maker bonus?
Yes, indeed. If you place an order that's matched immediately, you get 0.95% fee. If your order goes onto the orderlist, and then later someone else matches it, you pay 0.35%.For intersango this has the advantage that people will want to place their bitcoins for sale on intersango, since the fees are low if you just keep them there for sale. It should as such decrease the spread between buy and ask, and increase the liquidity; the amount you can sell immediately without moving the price too much.
So, to change my login name on the site, I add an email address in "Settings", click the confirmation link in the email, then "make primary"?
How do I remove the old (highly publicised) one? Can a non-primary be used to (attempt to) log in?
How do I remove the old (highly publicised) one? Can a non-primary be used to (attempt to) log in?
Even if your password is simple, we have security measures in place. A brute force attack basically will not work as even with the user's emails you can only try 3 per minute (or maybe 10 per 10 minutes, not sure of the exactly amount but there is a conservative limit)
However, to replace the email log in please follow the following steps
1) Register a new email: When logged in click the settings tab to register a new email with the account.
2) Set the new email as the primary email on the account
3) Email support (FROM THE EMAIL TO BE DELETED) asking for it to be deleted.
We apologize for the the privacy failure and the inconvenience it caused.
So, to change my login name on the site, I add an email address in "Settings", click the confirmation link in the email, then "make primary"?
How do I remove the old (highly publicised) one? Can a non-primary be used to (attempt to) log in?
How do I remove the old (highly publicised) one? Can a non-primary be used to (attempt to) log in?
Dear Intersango Customers,
I personally would like to appologize to all our users for the recent privacy lapse.
We take security and privacy very seriously and we are all very sorry for the recent failure.
Due to an oversight in which "emails" was written instead of "email" in our bulk mailer, all users emails where included in our recent announcement.
Patrick Strateman, CTO
I personally would like to appologize to all our users for the recent privacy lapse.
We take security and privacy very seriously and we are all very sorry for the recent failure.
Due to an oversight in which "emails" was written instead of "email" in our bulk mailer, all users emails where included in our recent announcement.
Patrick Strateman, CTO
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