Difference between revisions of "Bitcoin-Central"

From Bitcoin Wiki
Jump to: navigation, search
(History: Add mention of latest service disruption.)
 
(26 intermediate revisions by 4 users not shown)
Line 1: Line 1:
'''Bitcoin-Central.net''' is a [[currency exchange]] that allows trading between bitcoins (BTC) and the [[Liberty Reserve]] currencies LRUSD and LREUR or EUR as well. To add EUR funds to the account, the exchange accepts Euro bank transfers.
+
'''Bitcoin-Central.net''' is a [[currency exchange]] based in France and operated by [[Paymium]], that allows trading between bitcoins (BTC) and Eur.  
  
An account holder has the ability to transfer LRUSD, LREUR or EUR to another account on Bitcoin Central at no charge.
+
It is notably the first exchange to operate within the framework of European regulation and to guarantee the fiat deposits of its users.<ref name="euroreg">[https://bitcointalk.org/index.php?topic=129461.0 Bitcoin-Central, first exchange licensed to operate with a bank. This is HUGE]</ref>
 +
 
 +
==Features==
 +
On December 6, 2012, Bitcoin-Central announced that:<ref name="euroreg" />
 +
 
 +
* User funds would be held at Aqoba's partner financial institution under the user's name, separately from [[Paymium]]'s funds
 +
* User accounts will be individually protected up to 100,000 EUR by the [https://en.wikipedia.org/wiki/Deposit_insurance#By_EU_country Garantie des dépôts], the French equivalent of the American [https://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation FDIC]
 +
* Each account would in a few months after launch get its very own IBAN number, enabling its use as any other bank account, e.g. for salary deposits with optional automatic conversion to Bitcoin
 +
* Each user would soon be able to order their own debit card, accessing their EUR and BTC balance
 +
* All incoming and outgoing transfers would be 100% automated via direct access to the banking networks
 +
* Corporations would have access to an actual financial institution if they wish to start accepting Bitcoin and be safe from a regulatory point of view
 +
 
 +
Paymium hopes to have a much better legal standing and a much higher attractiveness for second and third-round investors.
 +
 
 +
==Deposits==
 +
 
 +
===BTC===
 +
Bitcoins funds are added to the account after a manual confirmation process.
 +
 
 +
===EUR===
 +
EUR bank transfers (SEPA) are accepted for deposits at no charge by the exchange.
 +
 
 +
===International wire===
 +
Any currency may be sent as an international wire transfer. Currency conversion fees apply.
 +
 
 +
==Withdrawals==
 +
===BTC===
 +
Bitcoins funds can be withdrawn at no charge.
 +
 
 +
===EUR===
 +
EUR bank transfers (SEPA) are sent and incur a wire fee.
 +
 
 +
==Security==
 +
 
 +
Accounts can be secured for two-factor authentication using Google Authenticator OTP or Yubico's Yubikey.
 +
 
 +
==Mobile==
 +
 
 +
Though there is no option for trading through Bitcoin-Central using a mobile app, the account's eWallet can be accessed for depositing and withdrawals (for spending) using the [[Paytunia]] mobile app or the Paytunia website.
  
 
==History==
 
==History==
  
* The site was launched<ref>[http://www.bitcoin.org/smf/index.php?topic=2519.0 Announcing bitcoin-central.net - trade USD and EUR for free!]</ref> on December 29, 2010.
+
* The site was launched on December 29, 2010.<ref>[https://bitcointalk.org/index.php?topic=2519.0 Announcing bitcoin-central.net - trade USD and EUR for free!]</ref>
* On January 3rd, 2011 it was announced<ref>[http://www.bitcoin.org/smf/index.php?topic=2585.0 Bitcoin Central going open source ! Open your own trading site for free !]</ref> that the source for Bitcoin Central will be released as a public open source project on February 1st, 2011.
+
* On April 5, 2012, the [[Paytunia]] e-wallet was announced.  Exchange accounts can be accessed using Paytunia's web and mobile clients.<ref>[https://bitcointalk.org/index.php?topic=75550.0 Paytunia Bitcoin wallet released today!]</ref>
* On January 28, 2011 it was announced<ref>[http://www.bitcoin.org/smf/index.php?topic=2519.msg42133#msg4213 Announcement of Transfer Feature]</ref> that transferring of funds from one account to another had become available.
+
* On December 6, 2012, it was announced that Bitcoin-Central was the first exchange licensed to operate within the framework of European regulations.<ref name="euroreg" />
* On March 30, 2011 service, which had been disrupted in the days prior, had been restored<ref>[http://www.bitcoin.org/smf/index.php?topic=4228.msg75858#msg75858 All funds at Bitcoin-Central.net frozen?]
+
* On September 25, 2013, the exchange re-launched after being closed for half a year.<ref>[https://twitter.com/Bitcoin_Central/status/382585017789972480 Bitcoin-Central re-launch]</ref>.
* On April 4, 2011 service was again reported as being disrupted, where deposits of bitcoins were not registering and also where funding transactions were not being allocated to accounts.
 
</ref>.
 
  
 
==See Also==
 
==See Also==
  
 
* [[Buying bitcoins]]
 
* [[Buying bitcoins]]
 +
* [[Selling bitcoins]]
  
 
==External Links==
 
==External Links==
  
* [https://bitcoin-central.net/ Bitcoin-Central.net]
+
* [http://bitcoin-central.com/ Bitcoin-Central.net]
* [http://github.com/davout/bitcoin-central Bitcoin-Central] project on GitHub
 
  
 
==References==
 
==References==

Latest revision as of 04:10, 27 April 2016

Bitcoin-Central.net is a currency exchange based in France and operated by Paymium, that allows trading between bitcoins (BTC) and Eur.

It is notably the first exchange to operate within the framework of European regulation and to guarantee the fiat deposits of its users.[1]

Features

On December 6, 2012, Bitcoin-Central announced that:[1]

  • User funds would be held at Aqoba's partner financial institution under the user's name, separately from Paymium's funds
  • User accounts will be individually protected up to 100,000 EUR by the Garantie des dépôts, the French equivalent of the American FDIC
  • Each account would in a few months after launch get its very own IBAN number, enabling its use as any other bank account, e.g. for salary deposits with optional automatic conversion to Bitcoin
  • Each user would soon be able to order their own debit card, accessing their EUR and BTC balance
  • All incoming and outgoing transfers would be 100% automated via direct access to the banking networks
  • Corporations would have access to an actual financial institution if they wish to start accepting Bitcoin and be safe from a regulatory point of view

Paymium hopes to have a much better legal standing and a much higher attractiveness for second and third-round investors.

Deposits

BTC

Bitcoins funds are added to the account after a manual confirmation process.

EUR

EUR bank transfers (SEPA) are accepted for deposits at no charge by the exchange.

International wire

Any currency may be sent as an international wire transfer. Currency conversion fees apply.

Withdrawals

BTC

Bitcoins funds can be withdrawn at no charge.

EUR

EUR bank transfers (SEPA) are sent and incur a wire fee.

Security

Accounts can be secured for two-factor authentication using Google Authenticator OTP or Yubico's Yubikey.

Mobile

Though there is no option for trading through Bitcoin-Central using a mobile app, the account's eWallet can be accessed for depositing and withdrawals (for spending) using the Paytunia mobile app or the Paytunia website.

History

  • The site was launched on December 29, 2010.[2]
  • On April 5, 2012, the Paytunia e-wallet was announced. Exchange accounts can be accessed using Paytunia's web and mobile clients.[3]
  • On December 6, 2012, it was announced that Bitcoin-Central was the first exchange licensed to operate within the framework of European regulations.[1]
  • On September 25, 2013, the exchange re-launched after being closed for half a year.[4].

See Also

External Links

References