Bitfloor: Difference between revisions
→USD: Add Wells Fargo for cash deposit method. |
→History: Add September 4, 2012 security breach. |
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The exchange had been operating since 2011 with its first publicity occurring in February 2012<ref>[http://www.youtube.com/watch?v=F7SsavHX6tc The Bitcoin Show - 056 - Roman Shtylman of Bitfloor.com]</ref>. | The exchange had been operating since 2011 with its first publicity occurring in February 2012<ref>[http://www.youtube.com/watch?v=F7SsavHX6tc The Bitcoin Show - 056 - Roman Shtylman of Bitfloor.com]</ref>. | ||
On September 4, 2012 the operator of BitFloor reported a security breach that resulted in the exchange's wallet with 24K BTC being stolen. The site was shuttered and access to customer funds denied as the exchange's reserves were insufficient to accommodate all funds deposited. The resolution at this time is being determined. | |||
BitFloor is a Money Service Business (MSB) registered with FinCEN (#31000005224108). | BitFloor is a Money Service Business (MSB) registered with FinCEN (#31000005224108). | ||
Revision as of 18:55, 5 September 2012
A bitcoin currency exchange/trading platform site headquartered in USA - State of New York.
Adding Funds
Funds deposited with the exchange for escrow towards placing a buy order include the following.
BTC
- Adding bitcoins to the account balance incurs no fees.
USD
- In-person cash deposit through Chase or Wells Fargo
- Bank wire transfer
- ING Person2Person
Withdrawing Funds
BTC
- There are no fees for Bitcoin withdrawals.
USD
- ACH Bank withdrawal (Direct deposit)
Trading
Trades on the exchange incur a commission (fee). Providers of liquidity receive a rebate giving those offers a price advantage over those trading at market.
Features
The exchange offers a REST API for automated trading
The exchange offers a FIX (Financial Information Exchange) order entry gateway for automated trading[1].
History
The exchange had been operating since 2011 with its first publicity occurring in February 2012[2].
On September 4, 2012 the operator of BitFloor reported a security breach that resulted in the exchange's wallet with 24K BTC being stolen. The site was shuttered and access to customer funds denied as the exchange's reserves were insufficient to accommodate all funds deposited. The resolution at this time is being determined.
BitFloor is a Money Service Business (MSB) registered with FinCEN (#31000005224108).
