Shame!
Topic: Intersango.com now the second largest exchange; trading USD, EUR, GBP, & PLN (Read 5195 times)
March 24, 2013, 12:43:18 PM
Unfortuantely, Intersango no longer accept deposits to and from UK banks
Shame!
Shame!
May 15, 2012, 03:45:20 PM
You should read the Intersango.com Terms of Service, they make it very clear what protections are in place.
May 15, 2012, 03:22:08 PM
They FSA registered?
Yes, Intersango is licensed by Her Majesties Financial Services Authority
Licensed or regulated? I understand regulated means protection to the consumers in situations of bankruptcy. Are there any protections provided by being just licensed?
It doesn't appear that the protections afforded by any association with the FSA are made very visible on the Intersango website. I would suspect if any protections existed, they would be singing and dancing about it.
March 04, 2012, 11:59:22 AM
Am I reading it right, if you want to execute an order immediately and takes an existing order on the order book, your fee is almost 1% (0.95%)? That's quite steep. What happens if it partial-fills and the rest sits on the order book?
The maker/taker fee shift is applied to the trade. So the unfilled portion of a partially filled order would become maker even if the first part was taker.
March 04, 2012, 09:15:20 AM
Does anyone have any experience with SEPA withdraws at intersango? Mtgox only does international wire which charges 15-25 usd per withdrawal.
bump.
February 25, 2012, 05:19:00 AM
Does anyone have any experience with SEPA withdraws at intersango? Mtgox only does international wire which charges 15-25 usd per withdrawal.
At least they didn't have both email *and* passwords leaked, unlike mtgox.
Yeah, not happy about that at all. They can run an exchange but don't know how to operate a bulk e-mailing program? Doesn't exactly inspire confidence.
I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
I'll move to a different exchange because of this email flaw and that they charge fees now.I want a reliable,fee free exchange that exchanges BTC to GBP (as Im in UK)I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
February 20, 2012, 07:15:00 PM
Am I reading it right, if you want to execute an order immediately and takes an existing order on the order book, your fee is almost 1% (0.95%)? That's quite steep. What happens if it partial-fills and the rest sits on the order book?
February 20, 2012, 06:51:14 PM
Fortunately Intersango has been (and still is) the most reliable exchange out there
That's right, Intersango is great. If you're looking for a handout, go somewhere else.
February 20, 2012, 04:41:15 PM
Well you can be sure that the money that you do end up spending on Intersango, as BitcoinConsultancy (the guys running Intersango) make huge contributions to bitcoin development(genjix is a core bitcoin developer).
February 19, 2012, 08:07:20 PM
Yeah, not happy about that at all. They can run an exchange but don't know how to operate a bulk e-mailing program? Doesn't exactly inspire confidence.
I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
I'll move to a different exchange because of this email flaw and that they charge fees now.I want a reliable,fee free exchange that exchanges BTC to GBP (as Im in UK)I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
Reliable and fee free are mutually exclusive when it comes to bitcoin exchanges, an exchange has real running costs not even related to software development, it takes a lot of time and is not the sort of thing people would do for fun.
You will find new exchanges that for a time don't charge, but all eventually do, otherwise they close their doors.
Fortunately Intersango has been (and still is) the most reliable exchange out there, from both a security and general operations perspective. There have been none of the shenanigans, frauds, and shady dealings that have plagued other exchanges.
If you want any kind of support(never mind decent customer support) Intersango is the way to go, and they're in the UK too.
Nefario.
February 19, 2012, 07:57:04 PM
Yeah, not happy about that at all. They can run an exchange but don't know how to operate a bulk e-mailing program? Doesn't exactly inspire confidence.
I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
I'll move to a different exchange because of this email flaw and that they charge fees now.I want a reliable,fee free exchange that exchanges BTC to GBP (as Im in UK)I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
Reliable and fee free are mutually exclusive when it comes to bitcoin exchanges, an exchange has real running costs not even related to software development, it takes a lot of time and is not the sort of thing people would do for fun.
You will find new exchanges that for a time don't charge, but all eventually do, otherwise they close their doors.
Fortunately Intersango has been (and still is) the most reliable exchange out there, from both a security and general operations perspective. There have been none of the shenanigans, frauds, and shady dealings that have plagued other exchanges.
If you want any kind of support(never mind decent customer support) Intersango is the way to go, and they're in the UK too.
Nefario.
February 19, 2012, 07:46:23 PM
Yeah, not happy about that at all. They can run an exchange but don't know how to operate a bulk e-mailing program? Doesn't exactly inspire confidence.
I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
I'll move to a different exchange because of this email flaw and that they charge fees now.I want a reliable,fee free exchange that exchanges BTC to GBP (as Im in UK) I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
February 19, 2012, 04:21:52 PM
Quote
Even now that they just accidentally leaked the email addresses of all their users?
That's a big deal. Definitely not confidence-inspiring. A few years back Ameritrade got hacked and lost all of their customers' emails. I was a customer and got spammed like crazy. Eventually they had to settle a class-action lawsuit. (Needless to say, the lawyers made the most money out of this)
February 19, 2012, 04:05:54 PM
They FSA registered?
Yes, Intersango is licensed by Her Majesties Financial Services Authority
How do you know this?
February 19, 2012, 01:11:49 PM
Well it seems that there's discounts on the way. I was talking to the Intersango guys today, this was a result of human error, a typo, someone added an s and the result was the release of the emails.
At least it's not a hack.
At least it's not a hack.
February 19, 2012, 12:02:35 PM
Well, I just got this email about an hour ago:
Quote
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
Original Announcement:
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 BTC * (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.
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
Original Announcement:
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 BTC * (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.
February 19, 2012, 11:33:15 AM
Even now that they just accidentally leaked the email addresses of all their users?
WTF?
February 19, 2012, 10:47:35 AM
... Intersango is the best ever.
Even now that they just accidentally leaked the email addresses of all their users?
WHAT?
When did that happen? Well, if I get ANY MORE spam, then I'm blaming them.
February 19, 2012, 10:13:09 AM
oh my lawd
now thanks to mtgox and intersango all my email adresses are out there in the wild
now thanks to mtgox and intersango all my email adresses are out there in the wild
February 19, 2012, 10:07:29 AM
... Intersango is the best ever.
Even now that they just accidentally leaked the email addresses of all their users?
MtGox did it first! Pioneers, I tell you.
February 19, 2012, 09:45:26 AM
Yeah, not happy about that at all. They can run an exchange but don't know how to operate a bulk e-mailing program? Doesn't exactly inspire confidence.
I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
I've withdrawn my coins and will create a new account with a different e-mail address, just to be sure.
February 19, 2012, 09:22:54 AM
... Intersango is the best ever.
Even now that they just accidentally leaked the email addresses of all their users?
February 19, 2012, 08:50:09 AM
I use intersango - it's the only one I actually understood. I made a bank deposit, came up in less than a day. Was trying to withdraw some BTC, wouldn't work. Had a quick skype chat, fixed within 3 minutes.
Buying BTC, and selling BTC have been instant for me. So has withdrawing BTC. I am now withdrawing some money, so I wonder how long it'll take.
Buying BTC, and selling BTC have been instant for me. So has withdrawing BTC. I am now withdrawing some money, so I wonder how long it'll take.
February 19, 2012, 08:29:23 AM
their new fee system is interesting, if you place an order that stays on the order books and someone buys or sells to you at that price they pay 0.65% + 0.3%. that 0.3% then gets given to you so you only pay 0.35%.
although they put everyones emails in the to section of the email to announce this, so people might want to change their emails associated with intersango. a rare screwup by them
although they put everyones emails in the to section of the email to announce this, so people might want to change their emails associated with intersango. a rare screwup by them
February 18, 2012, 08:34:48 PM
Interesting. Will check it out.
February 18, 2012, 08:13:52 PM
They FSA registered?
Yes, Intersango is licensed by Her Majesties Financial Services Authority
February 18, 2012, 07:02:29 PM
I stand corrected. Intersango is the best ever.
February 18, 2012, 01:40:52 PM
trade fee is 0.65%
mtgox is cheaper
mtgox is cheaper
Just as cryptoanarchist has said, Intersango are much faster with deposits and withdrawals, never mind that they actually answer support queries.
I mean yeah you can go ahead and try to use Gox because it's cheaper at the moment (Intersango had been free for ages, didn't make much difference then), but if something happens with your account out of the ordinary you're screwed.
February 18, 2012, 09:37:44 AM
trade fee is 0.65%
mtgox is cheaper
mtgox is cheaper
They are, but both their bid prices and ask prices suck, and transfers take days with Gox, not hours
February 18, 2012, 09:22:14 AM
trade fee is 0.65%
mtgox is cheaper
mtgox is cheaper
February 17, 2012, 02:48:48 PM
I'll use them if they can beat a $.25 transfer fee or drastically shorten a transfer time of ~3-4 days with a reasonable fee.
If you transfer to dwolla its 25 cents and it usually takes only about an hour for deposits and withdrawals are in minutes.
February 17, 2012, 12:34:44 PM
I'll use them if they can beat a $.25 transfer fee or drastically shorten a transfer time of ~3-4 days with a reasonable fee.
February 15, 2012, 10:00:01 PM
Yes, more exchanges.
February 15, 2012, 01:30:11 PM
I signed up! We cannot allow the future of Bitcoin to be Mt.Gox or bust.
February 15, 2012, 09:52:34 AM
They FSA registered?
February 15, 2012, 04:55:16 AM
They sound like an exchange set up by TPTB, but I will use them because I use all exchanges that I can. I notice they still have Paxum listed as an option - how's that?
That needs to be updated since the recent news about Paxum.
February 14, 2012, 07:40:06 PM
They sound like an exchange set up by TPTB, but I will use them because I use all exchanges that I can. I notice they still have Paxum listed as an option - how's that?
February 14, 2012, 06:21:34 PM
With the shutting down of TradeHill Intersango.com is now the second largest bitcoin exchange out there after MtGox.
It's run by genjix(Amir Taaki), a core bitcoin developer with his team Patrick Strateman(phantomcircuit) and Donald Norman(Incitatus).
From my own personal experience they are by far the most professional and well run exchange out there.
They're transparent, secure (often is members of Intersango that have pointed out vulnerabilites and inconsistencies in TradeHill and MtGox as well as other websites), the cheapest major exchange, have great customer service (even when I was all the way over in China), and are registered in the UK (instead of some Caribbean island).
They trade in GBP, USD, EUR, and PLN
Why are they not more popular? I mean when you consider the shady crap that's happened with the likes of MtGox, TradeHill, and numerous other exchanges why?
It's the second largest bitcoin exchange now, surely more people should be talking about it.
It's run by genjix(Amir Taaki), a core bitcoin developer with his team Patrick Strateman(phantomcircuit) and Donald Norman(Incitatus).
From my own personal experience they are by far the most professional and well run exchange out there.
They're transparent, secure (often is members of Intersango that have pointed out vulnerabilites and inconsistencies in TradeHill and MtGox as well as other websites), the cheapest major exchange, have great customer service (even when I was all the way over in China), and are registered in the UK (instead of some Caribbean island).
They trade in GBP, USD, EUR, and PLN
Why are they not more popular? I mean when you consider the shady crap that's happened with the likes of MtGox, TradeHill, and numerous other exchanges why?
It's the second largest bitcoin exchange now, surely more people should be talking about it.
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