Difference between revisions of "Bitcoin7"

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(mentioned mtgox code)
(Add Out of business mention for Bitcoin7.)
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A bitcoin [[currency exchange]] site.
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Formerly a bitcoin [[currency exchange]] site.
  
This exchange escrows funds before trading and then matches buyers with sellers.  The exchange's web site shows copyright Bitcoin7.  The Terms of Service describses how the terms of Use shall be governed by the laws applicable in the Republic Bulgaria. Bitcoin7 and Bitcoin7.com represents.
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This exchange escrowed funds before trading and then matches buyers with sellers.  The exchange's web site shows copyright Bitcoin7.  The Terms of Service describses how the terms of Use shall be governed by the laws applicable in the Republic Bulgaria. Bitcoin7 and Bitcoin7.com represents.
 
Further:
 
Further:
 
* "the European operations performed by "AbuDhabi 2010" EOOD, a company registered in the European Union, Bulgaria, Sofia"
 
* "the European operations performed by "AbuDhabi 2010" EOOD, a company registered in the European Union, Bulgaria, Sofia"
  
 
* "the US operations performed by "Risk Asset Management" LLC, a company registered in Las Vegas, Nevada, USA"
 
* "the US operations performed by "Risk Asset Management" LLC, a company registered in Las Vegas, Nevada, USA"
 
 
==Adding Funds==
 
 
===BTC===
 
 
* Adding bitcoins to the account balance incur no fees.  Funds are available for trading once the payment confirms.
 
 
===USD===
 
* [[Dwolla]] (instant, $0.25 fee that you pay to Dwolla during transfer)
 
* [[Liberty Reserve]] USD (instant, 1% fee that you pay to LR during transfer)
 
* Bank Transfer (Domestic wire)
 
* International wire (to EU bank)
 
* Enter a [[MtGox]] redeemable code (2% fee, 1-24 hours)
 
 
===EUR===
 
 
* [[Liberty Reserve]] EUR (instant, 1% fee that you pay to LR during transfer)
 
* Bank Transfer (FIBank (EU)) (free, 1-3 business days)
 
 
===BGN===
 
 
* Bank Transfer (Free, domestic BG bank transfer)
 
 
 
==Withdrawing Funds==
 
 
===BTC===
 
 
* Withdrawing Bitcoin funds incurs a 0.01 fee, presumably so that a transaction fee will be paid and the payment will confirm quickly.
 
 
===USD===
 
 
* [[Dwolla]] Incurs Dwolla's $0.25 per-transaction fee.
 
* [[Liberty Reserve]] (Fees 2%)
 
* Bank transfer (ACH)
 
* International bank transfer (USD converted to EUR and sent via SEPA transfer to EU banks)
 
 
===EUR===
 
 
* Bank transfer (SEPA transfer to EU banks)
 
 
===PLN===
 
 
* Bank transfer (PLN converted to EUR and sent via SEPA transfer to EU banks)
 
 
===BGN===
 
 
* Bank transfer (to a Belgian (BG) bank)
 
* ePay (1%)
 
 
===SAR===
 
 
* Bank transfer
 
 
==Trading==
 
 
Limit orders are placed with a specific price.  When a counter-party 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) of .57% each trade.  The rate is specified in the user's account profile.
 
  
 
==History==
 
==History==
  
The exchange was announced on June 15, 2011<ref>[http://forum.bitcoin.org/index.php?topic=17043.msg219839#msg219839 Bitcoin7.com - Brand new exchange market!]</ref>.
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The exchange was announced on June 15, 2011<ref>[http://forum.bitcoin.org/index.php?topic=17043.msg219839#msg219839 Bitcoin7.com - Brand new exchange market!]</ref>.  On October 5, 2011 a message on the site claimed that they became the victim of a pre-planned hacker attack, that customer funds were lost and that the service was ending.  
  
 
==See Also==
 
==See Also==
  
 
* [[Buying bitcoins]]
 
* [[Buying bitcoins]]
 +
* [[Selling bitcoins]]
  
 
==External Links==
 
==External Links==
  
* [http://goo.gl/Gst0D Bitcoin7.com] Official Site
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* [http://www.bitcoin7.com Bitcoin7.com] Official Site
  
 
==See Also==
 
==See Also==
Line 91: Line 28:
 
==References==
 
==References==
 
<references/>
 
<references/>
 
[[Category:Exchanges]]
 
[[Category:eWallets]]
 

Revision as of 23:58, 5 October 2011

Formerly a bitcoin currency exchange site.

This exchange escrowed funds before trading and then matches buyers with sellers. The exchange's web site shows copyright Bitcoin7. The Terms of Service describses how the terms of Use shall be governed by the laws applicable in the Republic Bulgaria. Bitcoin7 and Bitcoin7.com represents. Further:

  • "the European operations performed by "AbuDhabi 2010" EOOD, a company registered in the European Union, Bulgaria, Sofia"
  • "the US operations performed by "Risk Asset Management" LLC, a company registered in Las Vegas, Nevada, USA"

History

The exchange was announced on June 15, 2011[1]. On October 5, 2011 a message on the site claimed that they became the victim of a pre-planned hacker attack, that customer funds were lost and that the service was ending.

See Also

External Links

See Also


References