TradeHill

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Revision as of 21:08, 8 June 2011 by Sgornick (talk | contribs) (Add trading methods and fees.)
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A bitcoin currency exchange site.

This exchange escrows funds before trading and then matches buyers with sellers. The exchange's web site shows copyright TradeHill Co. Ltd. The FAQ describses how the terms of Use shall be governed by the laws applicable in the Republic of Chile.

Adding Funds

Funds deposited with the exchange for escrow towards placing a buy order include the following.

USD

  • Dwolla (instant)
  • Liberty Reserve (instant)
  • International Bank Transfer (International and HSBC) (A fee is incurred, 1-3 business days)
  • U.S. Domestic Bank Transfer (No fees by the exchange, 1-3 business days)

BTC

  • Adding bitcoins to the account balance incurs no fees.

CLP

  • CL (Chile) Domestic Bank Transfer (No fees by the exchange, 1-3 business days)

INR

  • IN (India) Domestic Bank Transfer (No fees by the exchange, 3-4 business days)

PEN

  • PE (Peru) Domestic Bank Transfer (No fees by the exchange, up to 24 hours)

Withdrawing Funds

USD

  • PayPal There are PayPal fees incurred.
  • Dwolla Incurs Dwolla's $0.25 per-transaction fee.
  • ACH Bank Transfer (No fee charged_
  • Amazon Payment (Funds transferred to your Amazon Payments account.
  • Liberty Reserve (Fees 1% up to maximum of $2.95 USD per transaction)
  • MoneyPak (Fees $10 per $500 transferred)
  • Virtual gift card - Mastercard - Green Dot (Fees $10 per $500)
  • Virtual gift card - Amazon (1%, minimum of $5)
  • Virtual gift card - iTunes
  • Game cards
  • Donation to charity (Red Cross, Electronic Frontier Foundation)

Trading

Limit orders are placed with a specific price. When a counterparty is founds, the trade will execute. Partial fills are possible.

Market orders are accommodated through a method that involves quotations.

Fees

Trades on the exchange incur a commission (fee) from 0.25% to 0.75% of each trade. The actual rate is specified in the user's account profile.

History

First mention on the site was on June 8th, 2011[1] which is also the "go live" date display on the exchange's status page[2].

See Also

External Links

References