Intersango: Difference between revisions
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Update to reflect how Intersango's new exchange software accommodates multiple markets, beginning with BTC/EUR and BTC/USD being live now. |
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A [[currency exchange|exchange]] offering | A [[currency exchange|exchange]] offering multiple trading bitcoins against multiple currencies. | ||
Traders add funds and then place orders to buy and sell. Intersango acts as an escrow. The site charges no trading fees. | Traders add funds and then place orders to buy and sell. Intersango acts as an escrow. The site charges no trading fees. | ||
[[Bitcoin Consultancy]] operates the exchange. | |||
[[Bitcoin Consultancy]] operates the | |||
==Trading== | ==Trading== | ||
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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. | 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. | ||
No Fee (for a limited time). | |||
====BTC | ==Adding Funds== | ||
===BTC=== | |||
There are no fees incurred when when transferring bitcoins for deposit. Funds are available once [[confirmation|confirmed]] (6 confirms), a process that can take roughly an hour. | There are no fees incurred when when transferring bitcoins for deposit. Funds are available once [[confirmation|confirmed]] (6 confirms), a process that can take roughly an hour. | ||
===EUR=== | |||
The exchange accepts SEPA bank transfers for deposit. A fee applies. | |||
The exchange | ===USD=== | ||
The exchange accepts [[Dwolla]] transfers (no fee), bank wire transfers and ACH. There are no fees. | |||
===GBP=== | |||
The exchange's GBP trading is still handled through their [[Britcoin]] brand though that market eventually will trade on Intersango, | |||
==Withdrawing Funds== | |||
===BTC=== | |||
Bitcoins may be withdrawn at no charge. | Bitcoins may be withdrawn at no charge. | ||
===EUR=== | |||
Withdrawals as SEPA transfers do incur a fee. | |||
===USD=== | |||
Withdrawals are through [[Dwolla]]. | |||
== | ===GBP=== | ||
The exchange's GBP trading is still handled through their [[Britcoin]] brand though that market eventually will trade on Intersango, | |||
==History== | ==History== | ||
The service was launched on July 6, 2011<ref>[http://forum.bitcoin.org/index.php?topic=26543.0 Intersango.com EUR exchange is now live]</ref>. The Intersango [[:Category:Open Source|open source]] software that the exchange runs on was announced on March 17, 2011<ref>[http://www.bitcoin.org/smf/index.php?topic=4579.0 Free Bitcoin exchange software- Intersango]</ref>. | The service was launched on July 6, 2011<ref>[http://forum.bitcoin.org/index.php?topic=26543.0 Intersango.com EUR exchange is now live]</ref>. The Intersango [[:Category:Open Source|open source]] software that the exchange runs on was announced on March 17, 2011<ref>[http://www.bitcoin.org/smf/index.php?topic=4579.0 Free Bitcoin exchange software- Intersango]</ref>. In September, 2011 the exchange begain using a new version of the Intersango open source exchange project with two currency markets (BTC/EUR, BTC/USD) live under the Intersango brand and plans made for the third (BTC/GBP) when [[Britcoin]] accounts are migrated at a future date. | ||
==See Also== | ==See Also== | ||
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* [[Buying bitcoins]] | * [[Buying bitcoins]] | ||
* [[Selling bitcoins]] | * [[Selling bitcoins]] | ||
==External Links== | ==External Links== | ||
Revision as of 01:10, 6 September 2011
A exchange offering multiple trading bitcoins against multiple currencies.
Traders add funds and then place orders to buy and sell. Intersango acts as an escrow. The site charges no trading fees.
Bitcoin Consultancy operates the exchange.
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.
No Fee (for a limited time).
Adding Funds
BTC
There are no fees incurred when when transferring bitcoins for deposit. Funds are available once confirmed (6 confirms), a process that can take roughly an hour.
EUR
The exchange accepts SEPA bank transfers for deposit. A fee applies.
USD
The exchange accepts Dwolla transfers (no fee), bank wire transfers and ACH. There are no fees.
GBP
The exchange's GBP trading is still handled through their Britcoin brand though that market eventually will trade on Intersango,
Withdrawing Funds
BTC
Bitcoins may be withdrawn at no charge.
EUR
Withdrawals as SEPA transfers do incur a fee.
USD
Withdrawals are through Dwolla.
GBP
The exchange's GBP trading is still handled through their Britcoin brand though that market eventually will trade on Intersango,
History
The service was launched on July 6, 2011[1]. The Intersango open source software that the exchange runs on was announced on March 17, 2011[2]. In September, 2011 the exchange begain using a new version of the Intersango open source exchange project with two currency markets (BTC/EUR, BTC/USD) live under the Intersango brand and plans made for the third (BTC/GBP) when Britcoin accounts are migrated at a future date.
See Also
External Links
- Intersango EUR exchange website
- Intersango exchange project on Gitorious