Bitcoin Wiki - User contributions [en]

Buying bitcoins

2011-09-22T06:58:10Z

Madc0w: /* Major Exchanges */

One issue currently facing a newcomer to bitcoin is, how do I get some? While there is the [[bitcoin faucet]] that can get you started with a small fraction of a coin, when getting larger amounts the user faces an abundance of choice. This page will cut through the clutter, and help direct you to the right exchanger for your needs.

==Major Exchanges==

The least expensive methods for buying bitcoins involve transferring funds using a bank wire, ACH, bank transfer (ACH, EUR / SEPA).

{| class="wikitable"
|-
| Exchange || Type || Adding Funds || Withdrawing Funds || [[eWallet]] || Notes
|-
| [[MtGox]] || Market || BTC USD ([[Dwolla]]) USD (International bank wire) USD (Wire to [[AurumXChange Company|AurumXChange]]) EUR (SEPA bank transfer) (currently disabled) AUD (Bank wire) GBP (Bank wire) Liberty Reserve USD || BTC USD ([[Dwolla]]) USD (Wire via [[AurumXChange Company|AurumXChange]]) USD (Check via [[Paxum]]) USD (ATM via [[Paxum]]) USD (wire via [[Paxum]]) EUR (SEPA bank transfer) (currently disabled) AUD (Bank wire) Liberty Reserve USD Liberty Reserve USD (via AurumXChange) || {{Table Value Yes}} || Restrictions and limits on withdrawals. Will block account after funds are deposited. See [http://www.mtgoxsucks.org www.mtgoxsucks.org]
|-
| [[Camp BX]] (CBX) || Market || BTC USD (Check / ACH) USPS Postal Money Order USD ([[Dwolla]]) USD (Domestic bank wire) USD (International bank wire) || BTC USD (Check / ACH) USPS Postal Money Order USD ([[Dwolla]]) USD (Domestic bank wire) USD (International bank wire) || {{Table Value Yes}} || <ul> <li> Security certification from McAfee</li><li> Advanced trading options with AON/FOK/Market</li> <li>STOPLOSS and Short-Selling in Pipeline</li><li> Trading API available</li><li> Wallet API available </li><li> CBX Instant Bitcoin Transfers Feature </li><li> Stoploss / Custom Order Expiry Date/Time </li><li> SMS (Text Message) Notifications </li> <li> Two-Factor Authentication </li> <li> Based in USA - Atlanta </li> </ul>
|-
| [[TradeHill]] || Market || BTC USD (Domestic bank wire) USD (International bank wire) USD (Check via [[Paxum]]) USD (wire via [[Paxum]]) EUR (SEPA bank transfer) EUR (via [[Paxum]] CAD (via [[Paxum]] CLP (Bank transfer) PEN (Bank transfer) INR (Bank transfer) AUD (Bank transfer) Liberty Reserve USD || BTC USD (Domestic bank wire) USD (International bank wire) USD (Direct deposit / ACH) USD (Check via [[Paxum]]) USD (ATM via [[Paxum]]) USD (Prepaid card via [[Paxum]]) EUR (SEPA bank transfer) EUR (via [[Paxum]] CAD (via [[Paxum]]) CLP (Bank transfer) INR (Bank transfer) AUD (Bank transfer) Liberty Reserve USD || {{Table Value Yes}} ||
|-
| [[Britcoin]] & [[Intersango]] || Market || BTC GBP (bank deposit) USD ([[Dwolla]]) USD (Domestic bank wire) USD (ACH) EUR (SEPA bank deposit) PLN (Bank Wire) || BTC GBP (bank transfer) USD ([[Dwolla]]) EUR (SEPA bank transfer) PLN (Bank Wire) || {{Table Value Yes}} || Operated by the [https://bitcoinconsultancy.com/ BitcoinConsultancy] [https://intersango.com Intersango] is a completely custom trading platform built from the ground up with security, scalability and extensibility in mind. [https://bitcointalk.org/index.php?topic=43745.0 More Information] Boasts an [https://bitcoinconsultancy.com/wiki/index.php/Intersango/API ever expanding API]
|-
| [[VirtEx]] || Market || BTC CAD (online bill pay) CAD (cash at TDBank) || BTC CAD (direct deposit) || {{Table Value Yes}} ||
|-
| [[ExchB]] || Market || BTC USD (Cash or check) USD (ING Person2Person) USD (Bank wire) USD (USPS Money Order by mail) USD (Paxum) || BTC USD (Check) USD (Bank wire) USD (ACH) USD (Paxum) || {{Table Value Yes}} || Cash or check deposits: Accepted at any Wells Fargo or Chase branch, or by mail.
|-
| [[Bitcoin-Central]] || Market || BTC CAD (Interac) CAD (Bank wire) CAD (Cash deposit) EUR (SEPA) INR (Bank wire) Liberty Reserve USD Liberty Reserve EUR PGAU [[Pecunix]] Gold || BTC CAD (Interac) CAD (Bank wire) EUR (SEPA) INR (Bank wire) Liberty Reserve USD Liberty Reserve EUR [[Pecunix]] Gold || {{Table Value Yes}} || [https://github.com/davout/bitcoin-central Open-source], community reviewed platform Available in French and English languages
|-
| [[HelloBitcoin]] || Market || BTC USD (Cwolla) USD (Bank wire) USD (Check) || BTC USD (Check) USD (Bank wire) USD (ACH) || {{Table Value Yes}} || Offers margin trading and shorting.
|-
| [[Bitcoin7]] || Market || BTC EUR (SEPA Bank transfer) USD (Domestic wire) USD (International wire) Liberty Reserve USD Liberty Reserve EUR || BTC EUR (SEPA Bank transfer) USD (Dwolla) USD (Bank transfer) Liberty Reserve USD PLN (Bank transfer) SAR (Bank transfer) BGN (ePay) BGN (Bank transfer) || {{Table Value Yes}} || USD wire to Citibank. EUR transfers to/from FiBank.
|-
| [[Mercado Bitcoin]] || Market || BTC BRL (Bank transfer) BRL (Bank transfer - MoIP) Liberty Reserve USD || BTC BRL (Bank transfer - MoIP) || {{Table Value Yes}} || Language: Portugese
|-
| [[Brasil Bitcoin Market]] || Market || BTC BRL (Bank transfer - MoIP) || BTC BRL (Bank transfer - MoIP) || {{Table Value Yes}} || Language: Portugese
|-
| [[BTC-E]] || Market || BTC USD ([[Liberty Reserve]]) USD (Interkassa) || BTC USD (Webmoney) || {{Table Value Yes}} || Language: Russian. Interkassa can be funded from Webmoney and many other methods.
|-
| [[Australian Bitcoin Exchange]] || Market || BTC AUD (Electronic funds deposit) AUD (Mtgox Redeemable Voucher) || BTC AUD (Electronic funds transfer) || {{Table Value Yes}} ||
|-
| [[BitChange.pl]] || Market || BTC PLN (Bank wire) || BTC PLN (Bank wire) || {{Table Value Yes}} ||
|-
| [[FreshBTC]] || Market || BTC PLN (Bank wire) || BTC PLN (Bank wire) || {{Table Value Yes}} ||
|-
| [[BitStamp]] || Market || BTC EUR (SEPA transfer) || BTC EUR (SEPA transfer) || {{Table Value Yes}} || EUR deposits converted to/from USD for trading
|-
| [[Aqoin]] || Market || BTC EUR (SEPA transfer) EUR (Domestic bank wire/Spain) EUR (International bank wire) || BTC EUR (SEPA transfer) EUR (Domestic bank wire/Spain) PayPal || {{Table Value Yes}} || Languages: English, Spanish
|-
| [[VirWoX]] || Market || BTC SLL (Second Life) ACD (Avination) OMC (OpenSim) USD,EUR,GBP,CHF ([[PayPal]]) USD,EUR,GBP (Credit & Debit cards via [[Moneybookers]]) USD,EUR,GBP ([[NETELLER]]) EUR (DIRECTebanking / Sofortüberweisung) USD,EUR,GBP,CHF ([[paysafecard]]) EUR (SEPA bank transfer) || BTC SLL (Second Life) ACD (Avination) OMC (OpenSim) USD,EUR,GBP,CHF ([[PayPal]]) USD,EUR,GBP ([[Moneybookers]]) USD,EUR,GBP ([[NETELLER]]) EUR (SEPA bank transfer) || {{Table Value Yes}} || Trading through Second Life Linden Dollars. Variable limits on PayPal and Credit Card deposits.
|-
| [[Rock Currency Exchange]] || Market || BTC SLL (Second Life) || BTC SLL (Second Life) || {{Table Value Yes}} ||
|-
| [[WM-Center]] || Exchanger || BTC USD (International bank wire, Western Unon, Moneygram, Xoom etc, cash) EUR (IBAN bank wire) RUB (bank wire, WU, Anelik and etc, cash) AUD (Bank wire) Liberty Reserve USD/EUR, Perfect Money USD/EUR, Pecunix, Paxum, c-gold, Hoopay, GDP || BTC USD (International bank wire, Western Unon, Moneygram, Xoom etc, cash) EUR (IBAN bank wire) RUB (bank wire, WU, Anelik and etc, cash) AUD (Bank wire) Liberty Reserve USD/EUR, Perfect Money USD/EUR, Pecunix, Paxum, c-gold, Hoopay, GDP PayPal USD/EUR, Moneybookers, Neteller || {{Table Value No}} || 24/7/365 support in english, spanish and russian!
|-
| [[bitNZ]] || Market || BTC NZD (Domestic bank transfer) || BTC NZD (Domestic bank transfer) || {{Table Value Yes}} ||
|}

==Fixed Rate Exchanges & Others==

For smaller amounts, the options are limited due to bank transfer fees, conversion fees and transaction size restrictions. Options include:

{| class="wikitable"
|-
| Service || Type || Payment Method || Notes
|-
| [[Bitcoin Market]] || Market || USD (Liberty Reserve) USD (MoneyBookers) GAU (Pecunix) || Varies (person to person)
|-
| [[BitMarket.eu]] || Market || EUR (Euro) GBP (British Sterling Pound) USD (U.S. Dollar) PLN (Polish złoty) AUD (Australian Dollar) CAD (Canadian Dollar) ZAR (South African Rand) ILS (Israeli Shekel) CHF (Swiss Franc) RUB (Russian Ruble) || Varies (person to person)
|-
| [[Bitcoiny.cz]] || Market || CZK || Varies (person to person)
|-
| [[Bit]] / BTC China || Market || n/a || n/a
|-
| [[Bitfunnel]] || Credit Card payment exchange/brokering services || Varies (person to person)
|-
| [[bitcoin-otc|#bitcoin-otc]] || [http://bitcoin-otc.com/vieworderbook.php Order Book] || Varies (person to person) || IRC trading marketplace will usually have people willing to deal for small and larger amounts using various payment methods, including [[PayPal]], [[Dwolla]], [[Linden Dollars]], etc.
|-
| [[Lilion Transfer]] || Fixed Rate || USD (Liberty Reserve) [[Pecunix]] ||
|-
| [[Nanaimo Gold]] || Fixed Rate || USD (Liberty Reserve) Western Union money transfer Moneygram money transfer Cash in the mail || LR <--> Bitcoin exchange is automated For cash in the mail send USD, EUR, CAD, or GBP. Canada mailing address.
|-
| [[Bitcoin Morpheus]] || Fixed Rate || Cash, check or money order through the mail || U.S. mailing address for cash transactions.
|-
| [[Bitcoin Argentina]] || Fixed Rate || Cash: ARS, BRL, USD Bank transfer: ARS || No exchange fees!
|-
| [[Bitcoin.com.es]] || Fixed Rate || EUR (bank deposit) || Bank transfer or cash deposits at OpenBank in Spain.
|-
| [[Bahtcoin]] || Fixed Rate || Cash, Webmoney Liberty Reserve USD || Will cash out to Thai mobile and gaming prepaid cards as well.
|-
| [[Bitcoin Brasil]] || Fixed Rate || BRL (Brazilian Real) USD || Cash exchange
|-
| [[BitPiggy]] || Fixed Rate || AUD (Australian Dollar)|| Payment via bank transfer.
|-
| [[GetBitcoin]] || Fixed Rate || USD (Dwolla) USD (Bank wire) USD (Cash in the mail) USD (Money Order) USD (Cashier's Check/Certified Check) USD (Western Union) USD (Traveler's Check) USD (Prepaid Debit Card) || For cash in mail, send USD. U.S. mailing address.
|-
| [[Bitcoin 4 Cash]] || Fixed Rate || Cash in the mail || Send USD or CAD. Canada mailing address.
|-
| [[Bitcoin2Cash]] || Fixed Rate || Cash in the mail || Send USD. U.S. mailing address.
|-
| [[bitcoin.local]] || Directory || Varies (person to person) ||
|-
| [[YouTipIt]] || Fixed Rate || USD EUR GBP || Purchase bitcoins to add to your balance with YouTipIt using credit card through ClickAndBuy.
|-
| [[Ubitex]] || In person exchange || Varies (person to person) ||
|-
| [[Bitcoil]] || Fixed Rate || ILS (bank transfer) ||
|-
|[[Accesscoin]] || Fixed Rate || USD (Google Checkout) || Requires Facebook account for second factor authentication ||
|-
|[[btcnow]] || Fixed Rate || USD (Google Checkout) ||
|}

==Other Financial Services==

{| class="wikitable"
|-
| Service || Type || Payment || Settled || Notes
|-
| [http://polimedia.us/bitcoin/options.php Derivatives] || Buy / Sell / Exercise CALLs / PUTs, American style. 52 strikes offered (by .5), current month + 2. No shorting available yet.|| BTC || BTC || Transactions encoded via amt. Must use non-rounding client (0.3.24 or later)
|}

==See Also==

* [[:Category:Digital_currencies|Digital Currencies]]
* [[Selling bitcoins]]
* [[Secure Trading]]
* [[:Category:Local|Local]] exchanges

[[Category:Exchanges]]
[[Category:Introduction]]
[[zh-cn:购买bitcoins]]

Buying bitcoins

2011-09-15T20:24:25Z

Madc0w: /* Major Exchanges */

One issue currently facing a newcomer to bitcoin is, how do I get some? While there is the [[bitcoin faucet]] that can get you started with a small fraction of a coin, when getting larger amounts the user faces an abundance of choice. This page will cut through the clutter, and help direct you to the right exchanger for your needs.

==Major Exchanges==

The least expensive methods for buying bitcoins involve transferring funds using a bank wire, ACH, bank transfer (ACH, EUR / SEPA).

{| class="wikitable"
|-
| Exchange || Type || Adding Funds || Withdrawing Funds || [[eWallet]] || Notes
|-
| [[MtGox]] || Market || BTC USD ([[Dwolla]]) USD (International bank wire) USD (Wire to [[AurumXChange Company|AurumXChange]]) EUR (SEPA bank transfer) (currently disabled) AUD (Bank wire) GBP (Bank wire) Liberty Reserve USD || BTC USD ([[Dwolla]]) USD (Wire via [[AurumXChange Company|AurumXChange]]) USD (Check via [[Paxum]]) USD (ATM via [[Paxum]]) USD (wire via [[Paxum]]) EUR (SEPA bank transfer) (currently disabled) AUD (Bank wire) Liberty Reserve USD Liberty Reserve USD (via AurumXChange) || {{Table Value Yes}} || Restrictions and limits on withdrawals. Will block account after funds are deposited.
|-
| [[TradeHill]] || Market || BTC USD (Domestic bank wire) USD (International bank wire) USD (Check via [[Paxum]]) USD (wire via [[Paxum]]) EUR (SEPA bank transfer) EUR (via [[Paxum]] CAD (via [[Paxum]] CLP (Bank transfer) PEN (Bank transfer) INR (Bank transfer) AUD (Bank transfer) Liberty Reserve USD || BTC USD (Domestic bank wire) USD (International bank wire) USD (Direct deposit / ACH) USD (Check via [[Paxum]]) USD (ATM via [[Paxum]]) USD (Prepaid card via [[Paxum]]) EUR (SEPA bank transfer) EUR (via [[Paxum]] CAD (via [[Paxum]]) CLP (Bank transfer) INR (Bank transfer) AUD (Bank transfer) Liberty Reserve USD || {{Table Value Yes}} ||
|-
| [[Britcoin]] & [[Intersango]] || Market || BTC GBP (bank deposit) USD ([[Dwolla]]) USD (Domestic bank wire) USD (ACH) EUR (SEPA bank deposit) PLN (Bank Wire) || BTC GBP (bank transfer) USD ([[Dwolla]]) EUR (SEPA bank transfer) PLN (Bank Wire) || {{Table Value Yes}} || Operated by the [https://bitcoinconsultancy.com/ BitcoinConsultancy] [https://intersango.com Intersango] is a completely custom trading platform built from the ground up with security, scalability and extensibility in mind. [https://bitcointalk.org/index.php?topic=43745.0 More Information] Boasts an [https://bitcoinconsultancy.com/wiki/index.php/Intersango/API ever expanding API]
|-
| [[VirWoX]] || Market || BTC SLL (Second Life) ACD (Avination) OMC (OpenSim) USD,EUR,GBP,CHF ([[PayPal]]) USD,EUR,GBP (Credit & Debit cards via [[Moneybookers]]) USD,EUR,GBP ([[NETELLER]]) EUR (DIRECTebanking / Sofortüberweisung) USD,EUR,GBP,CHF ([[paysafecard]]) EUR (SEPA bank transfer) || BTC SLL (Second Life) ACD (Avination) OMC (OpenSim) USD,EUR,GBP,CHF ([[PayPal]]) USD,EUR,GBP ([[Moneybookers]]) USD,EUR,GBP ([[NETELLER]]) EUR (SEPA bank transfer) || {{Table Value Yes}} || Trading through Second Life Linden Dollars (highly liquid). Variable limits on PayPal and Credit Card deposits.
|-
| [[VirtEx]] || Market || BTC CAD (online bill pay) CAD (cash at TDBank) || BTC CAD (direct deposit) || {{Table Value Yes}} ||
|-
| [[ExchB]] || Market || BTC USD (Cash or check) USD (ING Person2Person) USD (Bank wire) USD (USPS Money Order by mail) USD (Paxum) || BTC USD (Check) USD (Bank wire) USD (ACH) USD (Paxum) || {{Table Value Yes}} || Cash or check deposits: Accepted at any Wells Fargo or Chase branch, or by mail.
|-
| [[Bitcoin-Central]] || Market || BTC CAD (Interac) CAD (Bank wire) CAD (Cash deposit) EUR (SEPA) INR (Bank wire) Liberty Reserve USD Liberty Reserve EUR PGAU [[Pecunix]] Gold || BTC CAD (Interac) CAD (Bank wire) EUR (SEPA) INR (Bank wire) Liberty Reserve USD Liberty Reserve EUR [[Pecunix]] Gold || {{Table Value Yes}} || [https://github.com/davout/bitcoin-central Open-source], community reviewed platform Available in French and English languages
|-
| [[HelloBitcoin]] || Market || BTC USD (Cwolla) USD (Bank wire) USD (Check) || BTC USD (Check) USD (Bank wire) USD (ACH) || {{Table Value Yes}} || Offers margin trading and shorting.
|-
| [[Bitcoin7]] || Market || BTC EUR (SEPA Bank transfer) USD (Domestic wire) USD (International wire) Liberty Reserve USD Liberty Reserve EUR BGN (Bank transfer) || BTC EUR (SEPA Bank transfer) USD (Dwolla) USD (Bank transfer) Liberty Reserve USD PLN (Bank transfer) SAR (Bank transfer) BGN (ePay) BGN (Bank transfer) || {{Table Value Yes}} || USD wire to Citibank. EUR transfers to/from FiBank.
|-
| [[Mercado Bitcoin]] || Market || BTC BRL (Bank transfer) BRL (Bank transfer - MoIP) Liberty Reserve USD || BTC BRL (Bank transfer - MoIP) || {{Table Value Yes}} || Language: Portugese
|-
| [[BTC-E]] || Market || BTC USD ([[Liberty Reserve]]) USD (Interkassa) || BTC USD (Webmoney) || {{Table Value Yes}} || Language: Russian. Interkassa can be funded from Webmoney and many other methods.
|-
| [[Australian Bitcoin Exchange]] || Market || BTC AUD (Electronic funds deposit) AUD (Mtgox Redeemable Voucher) || BTC AUD (Electronic funds transfer) || {{Table Value Yes}} || Restrictions and limits on withdrawals. Two-Factor Authentication Based in Queensland, Australia. Intersango Software.
|-
| [[BitChange.pl]] || Market || BTC PLN (Bank wire) || BTC PLN (Bank wire) || {{Table Value Yes}} ||
|-
| [[FreshBTC]] || Market || BTC PLN (Bank wire) || BTC PLN (Bank wire) || {{Table Value Yes}} ||
|-
| [[BitStamp]] || Market || BTC EUR (SEPA transfer) || BTC EUR (SEPA transfer) || {{Table Value Yes}} ||
|-
| [[Camp BX]] (CBX) || Market || BTC USD (Check / ACH) USPS Postal Money Order USD ([[Dwolla]]) USD (Domestic bank wire) USD (International bank wire) || BTC USD (Check / ACH) USPS Postal Money Order USD ([[Dwolla]]) USD (Domestic bank wire) USD (International bank wire) || {{Table Value Yes}} || <ul> <li> Security certification from McAfee</li><li> Advanced trading options with AON/FOK/Market</li> <li>STOPLOSS and Short-Selling in Pipeline</li><li> Trading API available</li><li> Wallet API available </li><li> CBX Instant Bitcoin Transfers Feature </li><li> Stoploss / Custom Order Expiry Date/Time </li><li> SMS (Text Message) Notifications </li> <li> Two-Factor Authentication </li> <li> Based in USA - Atlanta </li> </ul>
|-
| [[WM-Center]] || Exchanger || BTC USD (International bank wire, Western Unon, Moneygram, Xoom etc, cash) EUR (IBAN bank wire) RUB (bank wire, WU, Anelik and etc, cash) AUD (Bank wire) Liberty Reserve USD/EUR, Perfect Money USD/EUR, Pecunix, Paxum, c-gold, Hoopay, GDP || BTC USD (International bank wire, Western Unon, Moneygram, Xoom etc, cash) EUR (IBAN bank wire) RUB (bank wire, WU, Anelik and etc, cash) AUD (Bank wire) Liberty Reserve USD/EUR, Perfect Money USD/EUR, Pecunix, Paxum, c-gold, Hoopay, GDP PayPal USD/EUR, Moneybookers, Neteller || {{Table Value No}} || 24/7/365 support in english, spanish and russian!
|}

==Fixed Rate Exchanges & Others==

For smaller amounts, the options are limited due to bank transfer fees, conversion fees and transaction size restrictions. Options include:

{| class="wikitable"
|-
| Service || Type || Payment Method || Notes
|-
| [[Bitcoin Market]] || Market || USD (Liberty Reserve) USD (MoneyBookers) GAU (Pecunix) || Varies (person to person)
|-
| [[BitMarket.eu]] || Market || EUR (Euro) GBP (British Sterling Pound) USD (U.S. Dollar) PLN (Polish złoty) AUD (Australian Dollar) CAD (Canadian Dollar) ZAR (South African Rand) ILS (Israeli Shekel) CHF (Swiss Franc) RUB (Russian Ruble) || Varies (person to person)
|-
| [[Bitcoiny.cz]] || Market || CZK || Varies (person to person)
|-
| [[Bit]] / BTC China || Market || n/a || n/a
|-
| [[Bitfunnel]] || Credit Card payment exchange/brokering services || Varies (person to person)
|-
| [[bitcoin-otc|#bitcoin-otc]] || [http://bitcoin-otc.com/vieworderbook.php Order Book] || Varies (person to person) || IRC trading marketplace will usually have people willing to deal for small and larger amounts using various payment methods, including [[PayPal]], [[Dwolla]], [[Linden Dollars]], etc.
|-
| [[Lilion Transfer]] || Fixed Rate || USD (Liberty Reserve) [[Pecunix]] ||
|-
| [[Nanaimo Gold]] || Fixed Rate || USD (Liberty Reserve) Western Union money transfer Moneygram money transfer Cash in the mail || LR <--> Bitcoin exchange is automated For cash in the mail send USD, EUR, CAD, or GBP. Canada mailing address.
|-
| [[Bitcoin Morpheus]] || Fixed Rate || Cash, check or money order through the mail || U.S. mailing address for cash transactions.
|-
| [[Bitcoin Argentina]] || Fixed Rate || Cash: ARS, BRL, USD Bank transfer: ARS || No exchange fees!
|-
| [[Bitcoin.com.es]] || Fixed Rate || EUR (bank deposit) || Bank transfer or cash deposits at OpenBank in Spain.
|-
| [[Bahtcoin]] || Fixed Rate || Cash, Webmoney Liberty Reserve USD || Will cash out to Thai mobile and gaming prepaid cards as well.
|-
| [[Bitcoin Brasil]] || Fixed Rate || BRL (Brazilian Real) USD || Cash exchange
|-
| [[BitPiggy]] || Fixed Rate || AUD (Australian Dollar)|| Payment via bank transfer.
|-
| [[GetBitcoin]] || Fixed Rate || USD (Dwolla) USD (Bank wire) USD (Cash in the mail) USD (Money Order) USD (Cashier's Check/Certified Check) USD (Western Union) USD (Traveler's Check) USD (Prepaid Debit Card) || For cash in mail, send USD. U.S. mailing address.
|-
| [[Bitcoin 4 Cash]] || Fixed Rate || Cash in the mail || Send USD or CAD. Canada mailing address.
|-
| [[Bitcoin2Cash]] || Fixed Rate || Cash in the mail || Send USD. U.S. mailing address.
|-
| [[bitcoin.local]] || Directory || Varies (person to person) ||
|-
| [[YouTipIt]] || Fixed Rate || USD EUR GBP || Purchase bitcoins to add to your balance with YouTipIt using credit card through ClickAndBuy.
|-
| [[Ubitex]] || In person exchange || Varies (person to person) ||
|-
| [[Bitcoil]] || Fixed Rate || ILS (bank transfer) ||
|-
|[[Accesscoin]] || Fixed Rate || USD (Google Checkout) || Requires Facebook account for second factor authentication ||
|-
|[[btcnow]] || Fixed Rate || USD (Google Checkout) ||
|}

==Other Financial Services==

{| class="wikitable"
|-
| Service || Type || Payment || Settled || Notes
|-
| [http://polimedia.us/bitcoin/options.php Derivatives] || Buy / Sell / Exercise CALLs / PUTs, American style. 52 strikes offered (by .5), current month + 2. No shorting available yet.|| BTC || BTC || Transactions encoded via amt. Must use non-rounding client (0.3.24 or later)
|}

==See Also==

* [[:Category:Digital_currencies|Digital Currencies]]
* [[Selling bitcoins]]
* [[Secure Trading]]
* [[Comparison of exchanges]]
* [[:Category:Local|Local]] exchanges

[[Category:Exchanges]]
[[Category:Introduction]]
[[zh-cn:购买bitcoins]]

Mt. Gox

2011-09-15T19:46:15Z

Madc0w:

The most widely used bitcoin [[currency exchange]] market<ref>2011-06-07 on #bitcoin-otc: "MagicalTux: you could use the count of users on mtgox (went over 30k recently)"</ref>. Bitcoins are bought on using funds from the trader's MTGUSD balance with Mt. Gox and when bitcoins are the funds from the proceeds are added to the trader's MTGUSD account with Mt. Gox.

Trades on Mt. Gox's execute from balances on deposit with the exchange which in turn makes trading on the market instantaneous, compared to some other Bitcoin markets where a subsequent settlement occurs manually between the trading partners.

==Trading==
===Buying===

A buy order is executed partially or in full when the price bid can be matched against a sell order that is at or below the bid amount.

===Selling===

A sell order is executed partially or in full when the price asked can be matched against a buy order that is at or above the ask amount.

===Fees===

Mt. Gox subtracts a 0.6% trading fee from each party of successful trades made through the market.

When buying bitcoins, the fee will cause the number of Bitcoins bought to be 0.6% fewer. In other words, after buying 1.0 BTC the BTC balance for the account will increase by just 0.994 BTC (1.0 BTC less the 0.006 BTC fee)<ref>[http://forum.bitcoin.org/index.php?topic=12793.0 Dear Mt. Gox. Please make your accounting easier to understand.]</ref>. The per-BTC trade price reflected in the account history shows an amount recomputed to reflect the fee. The Quantity X Trade Price from the buy order will total the same dollar amount as is subtracted from the account after the trade executes.

When selling bitcoins, the fee will cause the proceeds of the sale to be 0.06 lower. After selling $100 worth of bitcoins the USD balance for the account will increase by just $99.40 USD ($100 USD less the $0.6 USD fee).

==Adding Funds==

===BTC===
There are no fees incurred when transferring bitcoins to a Mt. Gox account. Funds are available once [[confirmation|confirmed]] (6 blocks)<ref>[http://www.bitcoin.org/smf/index.php?topic=3851.msg55220#msg55220 How long does it take to Deposit bitcoins to MtGox?]</ref>, a process that can take roughly an hour.

Note: Even though the site displays no ads, some browser ad-blocking utilities will interfere with the exchange's web site, specifically with the Add Bitcoins function.

===LRUSD===

There are no fees incurred when adding [[Liberty Reserve]] LRUSD funds to an account. Funds are available in minutes.

===Dwolla===

This option is among the fastest and least expensive methods for adding funds to a Mt. Gox account. The transaction fee on [[Dwolla]] costs just $0.25. The process is automated and the funds are available for trading within an hour<ref>[http://forum.bitcoin.org/index.php?topic=15107.msg205622#msg205622 Dwolla to Mt. Gox vs. Dwolla to TradeHill]</ref>.

===Bank Wire===

====International USD====
Funds in USD may be wired to the exchange's bank in Japan. Each wire is subject to a per-wire fee plus any intermediate fees.

====AurumXChange USD, EUR and CAD====

Funds may be wired to [[AurumXChange Company]] as USD, EUR or CAD (the latter two of which would then be exchanged into USD) for for purchase of a Mt. Gox USD redeemable code (voucher). The code can be used to load USD funds into an account with Mt. Gox.

===Direct Deposit===
====EU====

Funds in EUR may be added using SEPA Direct Debit for free, with funds convert to USD at the current ECB rate at the time the funds are received<ref>[http://www.bitcoin.org/smf/index.php?topic=5461.0 MTGox: Euro deposits]</ref>.

====U.S.====

Adding funds to Dwolla from a bank account will use ACH though. The bank wire funding method has been temporarily discontinued due to difficulties in processing. Another banking relationship is being pursued.

====UK====

Funds may be sent as a GBP direct deposit free of charge.

====Australia====

Funds may be sent using direct deposit (BPay) for a AU$2.00 per-deposit fee. The funds will be converted to USD at the current rate.

==Withdrawing Funds==

WARNING!

You will be allowed to transfer funds into my account, then allowed to buy BTC, all without being given any warning that these funds would then be held hostage for an indefinite period of time.

The excuse given for this refusal to transact will be that you need to increase your transaction limit. It will not matter that the transaction you are attempting to place is well under the cited $10000/month, $1000/day limit cited on https://support.mtgox.com/entries/20251501-aml-request-increase-transaction-limits . Regardless, in order to recover your funds, your will be forced to provide identity documents which you may not wish to provide to mtgox, given that, even assuming that they are honest people, they have demonstrated lax security in the past. Even after having provided these documents, you will be waiting for several days for your account to be unblocked.

MtGox imposes a $1,000 USD limit for withdrawals per 24 hours and a $10,000 USD limit for withdrawals per month. and Bitcoins withdrawn are counted toward this limit as well and the USD value is calculated at the market rate at the time of the attempted withdrawal. Any [[MtGox#Transfers_to_Other_Customers|account-to-account transfers]] made also count toward this limit as well.

Requests for higher withdrawal limits may be submitted by email
* For higher limits for withdrawal of USD funds, email: aml@mtgox.com
* For higher limits for withdrawal of BTC funds, email: btcupd@mtgox.com

===Dwolla===

[[Dwolla]] is among the fastest and least expensive methods for withdrawing USD funds from a Mt. Gox account. The transaction fee to do so is just $0.25.
[[Dwolla]] withdrawals are processed every hour during business hours (Japan time) and every 12 hours on weekends.

===BTC===

Bitcoins may be withdrawn at no charge.

There have been sporadic reports where withdrawing the entire bitcoin balance results in an error message. This could the be the result of a possible error where the amount available for withdrawal gets miscalculated due to a rounding error. In at least one instance, a subsequent attempt to withdraw all but the last 1 BTC completed successfully.

===LRUSD===

There are two fees incurred when withdrawing LRUSD. Mt. Gox themselves subtracts 1% of the transfer amount as a fee before transferring away. Liberty Reserve then subtracts as a transfer fee 1% from the amount they've received.

For example, to withdraw $100 LRUSD, Mt. Gox will send $99 ($100 less a 1% fee)<ref>One member of [[Bitcoin-otc]] reports that this appears to be a 0.99% fee, not a 1.0%.</ref> Liberty Reserve will subtract $0.99 ($99 less a 1% fee) leaving a net amount at Liberty Received of $98.01.

===AurumXChange USD, EUR and CAD===

Funds may be withdrawn by sending a Mt. Gox redeemable code (voucher) to [[AurumXChange Company]] and then wired to a USD, EUR or CAD bank account.

===Paxum USD===

Funds may be withdrawn to a [[Paxum]] account.

===Direct Deposit===
====U.S.====

There is currently no option for withdrawing funds through a direct deposit bank transaction. Funds withdrawn to Dwolla may then, in turn, be withdrawn with bank funds deposited as an ACH transaction. The direct ACH withdrawal method has been temporarily discontinued due to difficulties in processing. Another banking relationship is being pursued.

====EU====

You may withdraw any amount as a direct deposit to your bank. There is a 2% fee on these withdrawals. Contact the exchange by e-mail for this service.

====Australia====

A per-withdrawal fee is subtracted and the remaining amount is converted to AUD and sent through Technocash.

==Transfers to Other Customers==

Mt. Gox funds, either USD or BTC, may be sent to another Mt. Gox customer using a redeemable Mt. Gox code (voucher).

==Customer Service==

The preferred method for obtaining service is to place a request through the exchange's [https://mtgox.zendesk.com help desk]. Another method is to send e-mail with the request.

==Wallet/Banking==

An account at this exchange can be considered to be an [[eWallet]]. This service also offers [[:Category:ECommerce|eCommerce]] merchant [https://mtgox.com/merch/about payment services].

==API==

Mt Gox offers an [[MtGox/API|API]] which can be used to automate operations.

==Criticism==
After the addFunds form is displayed, it is not apparent to the user how to determine that address again. An account holder could become confused as to whether or not the correct address was used but after closing that page, there's no way to know at a later time what address "Send Bitcoins" had yielded.

==Data Services==

===Web===
* Bitstock live watcher for trades, depth, history [http://bitstock.info bitstock.info] (Websockets browser required)
* [[Bitcoin Charts]]
* Clark Moody's [[Real Time Bitcoin Market Data]] including Ticker, Order Book and Time Sales (Websockets browser support required)
* CodeStream's [http://codestream.de/bitcoin/chart.htm Adjustable Depth Chart] (Websockets browser support required)
* [[MtGox Live]] (Websockets browser support required)
* [http://btcbids.com/trader.php BTCBids trader view]
* [[Bitcoin Arbitrage Opportunities]] (Websockets browser support required)
* [[Bitcoin Prices]] market rates in multiple currencies

===Windows===
* [[Sierra Chart MtGox Bridge]] trading and charting tool.
* [[ToyTrader]] command line trading tool

===Mac OS X===
* [[BitTicker]] for Mac OS X
* [http://sneak.datavibe.net/20110613/mtgoxwatcher MtGox Watcher] for Mac OS X

===Mobile===
* [[BitcoinX]] mobile app with bid, ask and 24 hour history. For Android
* [[MtGox Live]] Bitcoin Trader with buy, sell, send, chart and depth for Android and iOS

===Linux===
* [http://www.goxsh.info goxsh] command line ticker / depth chart

==History==
The exchange went online on July 18, 2010.<ref>[http://www.bitcoin.org/smf/index.php?topic=444.0 MtGox announcement on forum]</ref>

On October 10, 2010 the exchange switched from [[PayPal]] to Liberty Reserve as the main funding option as a result of this attack. Former PayPal customers still had the possibility to withdraw their USD using alternative methods.

On March 6th, 2011 ownership of the exchange changed hands<ref>[http://www.bitcoin.org/smf/index.php?topic=4187.0 Mtgox is changing owners]</ref>. Tibanne publishes their [http://legal.tibanne.com/docs/20110801_company_certificate.pdf company certificate] from the Japanese government.

On June 19, 2011 the service experienced a significant security breach<ref>[https://support.mtgox.com/entries/20224998-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback Huge Bitcoin sell off due to a compromised account - rollback]</ref>. The incident caused a selloff down to BTC/USD of $0.01 due to fraudulent trading. The site was disabled and all trading following the point that fraudulent trading began was rolled back. Complicating this breach was the release of a list of the exchange's accounts including username, email address and a password hash, which forced the exchange to implement an account recovery method for customers to regain control of their accounts.

In July, 2011 it was observed that the exchange no longer allows new registrations to occur without having a valid e-mail address.

On July 19, 2011 a press release announced that MtGox had acquired [[MtGox Live]].<ref>[https://mtgox.com/press_release_20110719.html World's Leading Bitcoin Exchange, Mt.Gox, acquires MtGoxLive.com]</ref>

==See Also==

* [[Buying bitcoins]]
* [[Selling bitcoins]]
* [[MtGox/API|API]]

==External Links==

* [https://mtgox.com MT. Gox exchange] website
* [https://mtgox.com/merch/about Mt. Gox Merchant Services]
* [https://mtgox.zendesk.com Customer Service Help Desk]

==References==
<references/>

[[Category:Exchanges]]
[[Category:eWallets]]
[[Category:Shopping Cart Interfaces]]