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 describes 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
- Paxum ACH or Check
- Liberty Reserve (instant)
- Bank transfer (Domestic wire)
- International Bank Transfer (International and HSBC) (A fee is incurred, 1-3 business days)
- Paxum
AUD
- Domestic Bank Transfer with any bank in Australia. (Fee)
CAD
- Paxum Bank wire
CLP
- CL (Chile) Domestic Bank Transfer (No fees by the exchange, 1-3 business days)
EUR
- SEPA transfer (No fee)
- Paxum Bank wire
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
- Liberty Reserve (Fees 1% up to maximum of $2.95 USD per transaction)
- Paxum Free of charge to transfer to Paxum. Paxum charges fees to withdraw (ACH) or for use with ATM / Debit card.
- Bank transfer (ACH)
- Bank wire
- Check by mail
- Donation to charity (Red Cross)
AUD
- AU (Australia) Domestic bank transfer to any Australian bank. (percentage fee)
EUR
- SEPA transfer (No fee within SEPA zone, fee may occur to outside SEPA).
- Paxum Free of charge to transfer to Paxum. Paxum charges fees for a bank wire or for use with ATM / Debit card
CAD
- Paxum Free of charge to transfer to Paxum. Paxum charges fees for a bank wire or for use with ATM / Debit card
CLP
- Domestic bank transfer to any Chilean bank. (No fee)
INR
- Domestic Rupee bank transfer to any bank in India (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].
On July 25, 2011 the exchange reported anomalies with Dwolla payments and stopped accepting Dwolla for deposits[4].
On August 10, 2011 the exchange resumed providing methods for SEPA transfers for deposit and withdrawal[5].