A bitcoin currency exchange/trading platform site headquartered in USA - State of New York.
Funds deposited with the exchange for escrow towards placing a buy order include the following.
- Adding bitcoins to the account balance incurs no fees.
- In-person cash deposit through Chase or Wells Fargo
- Bank wire transfer
- ING Person2Person
- There are no fees for Bitcoin withdrawals.
- ACH Bank withdrawal (Direct deposit)
Trades on the exchange incur a commission (fee). Providers of liquidity receive a rebate giving those offers a price advantage over those trading at market.
The exchange offers a REST API for automated trading
The exchange offers a FIX (Financial Information Exchange) order entry gateway for automated trading.
The exchange had been operating since 2011 with its first publicity occurring in February 2012.
On September 4, 2012 the operator of BitFloor reported a security breach that resulted in the exchange's wallet with 24K BTC being stolen. The site was shuttered and access to customer funds denied as the exchange's reserves were insufficient to accommodate all funds deposited. The resolution at this time is being determined.
BitFloor is a Money Service Business (MSB) registered with FinCEN (#31000005224108).