TradeHill
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.
BTC
- Adding bitcoins to the account balance incurs no fees.
USD
- Dwolla (instant)
- Liberty Reserve (instant)
- Bank transfer (Domestic wire)
- International Bank Transfer (International and HSBC) (A fee is incurred, 1-3 business days)
AUD
- AU (Australia) Domestic Bank Transfer (fee)
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
There are no per-day withdrawal limits[1].
BTC
- There are no fees to withdraw bitcoins from the account.
USD
- Dwolla Incurs Dwolla's $0.25 per-transaction fee.
- Liberty Reserve (Fees 1% up to maximum of $2.95 USD per transaction)
- Bank transfer (ACH)
- Bank wire
- Donation to charity (Red Cross, Electronic Frontier Foundation)
AUD
- AU (Australia) Domestic bank transfer to any Australian bank. (percentage fee)
CLP
- CL (Chile) Domestic bank transfer to any Chilean bank. (No fees.)
INR
- IN (India) Domestic bank transfer to any Indian bank. (Fee for deposit may be charged by your bank.)
Trading
Limit orders are placed with a specific price. When a counterparty is found, 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. A unique aspect of their fee structure incorporates affiliate marketing.
History
First mention on the site was on June 8th, 2011[2] which is also the "go live" date display on the exchange's status page[3].