Difference between revisions of "Britcoin"
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| − | Britcoin is the first UK [[currency exchange|exchange]] offering GBP | + | Britcoin is the first UK [[currency exchange|exchange]] offering GBP trading (BTC/GBP). |
| − | Traders | + | Traders add funds (GBP or BTC) to the site and then place orders to buy and sell. Britcoin acts as an escrow. The site charges no trading fees. |
Funds are credited after trading immediately to accounts wherein they can be withdrawn off-site. | Funds are credited after trading immediately to accounts wherein they can be withdrawn off-site. | ||
| + | |||
| + | [[Bitcoin Consultancy]] operates this exchange as well as the [[Intersango]] EUR exchange. | ||
The source code and artwork is [http://gitorious.org/intersango/master/trees/master freely available] under the GPL3. | The source code and artwork is [http://gitorious.org/intersango/master/trees/master freely available] under the GPL3. | ||
==Trading== | ==Trading== | ||
| + | |||
===Buying=== | ===Buying=== | ||
| + | |||
A buy order is executed partially or in full when the price bid can be matched against a sell order that is at or below the bid amount. | A buy order is executed partially or in full when the price bid can be matched against a sell order that is at or below the bid amount. | ||
===Selling=== | ===Selling=== | ||
| + | |||
A sell order is executed partially or in full when the price asked can be matched against a buy order that is at or above the ask amount. | A sell order is executed partially or in full when the price asked can be matched against a buy order that is at or above the ask amount. | ||
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==Fees== | ==Fees== | ||
| − | Free | + | |
| + | ===Trading=== | ||
| + | |||
| + | Free (for a limited time). | ||
===Adding Funds=== | ===Adding Funds=== | ||
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==== GBP bank deposit==== | ==== GBP bank deposit==== | ||
| − | The exchange | + | The exchange charges no fees for a direct bank deposit. Details are available on site and the user will need to quote a reference code from their account. No fees. |
===Withdrawing Funds=== | ===Withdrawing Funds=== | ||
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==== GBP bank deposit==== | ==== GBP bank deposit==== | ||
| + | There is a fee for withdrawing funds. | ||
| + | |||
Enter your bank details on the withdraw screen and the money should be credited to your account within 5 days. | Enter your bank details on the withdraw screen and the money should be credited to your account within 5 days. | ||
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* [[Buying bitcoins]] | * [[Buying bitcoins]] | ||
* [[Selling bitcoins]] | * [[Selling bitcoins]] | ||
| + | * [[Intersango]] | ||
==External Links== | ==External Links== | ||
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[[Category:Exchanges]] | [[Category:Exchanges]] | ||
[[Category:eWallets]] | [[Category:eWallets]] | ||
| − | |||
Revision as of 04:52, 9 July 2011
Britcoin is the first UK exchange offering GBP trading (BTC/GBP).
Traders add funds (GBP or BTC) to the site and then place orders to buy and sell. Britcoin acts as an escrow. The site charges no trading fees.
Funds are credited after trading immediately to accounts wherein they can be withdrawn off-site.
Bitcoin Consultancy operates this exchange as well as the Intersango EUR exchange.
The source code and artwork is freely available under the GPL3.
Contents
Trading
Buying
A buy order is executed partially or in full when the price bid can be matched against a sell order that is at or below the bid amount.
Selling
A sell order is executed partially or in full when the price asked can be matched against a buy order that is at or above the ask amount.
Dark Pool
No support for dark pools exist.
Fees
Trading
Free (for a limited time).
Adding Funds
BTC
There are no fees incurred when when transferring bitcoins for deposit. Funds are available once confirmed (6 confirms), a process that can take roughly an hour.
GBP bank deposit
The exchange charges no fees for a direct bank deposit. Details are available on site and the user will need to quote a reference code from their account. No fees.
Withdrawing Funds
BTC
Bitcoins may be withdrawn at no charge.
GBP bank deposit
There is a fee for withdrawing funds.
Enter your bank details on the withdraw screen and the money should be credited to your account within 5 days.
API
Currently the Britcoin API is undergoing initial development to provide support for trading bots and spiders.
History
The service was opened on March 26, 2011[1]. Intersango, the open source software that the exchange runs on, was announced on March 17, 2011[2].
See Also
External Links
- Britcoin UK exchange website
- Intersango exchange project on Gitorious
