TradeHill

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Revision as of 10:40, 12 June 2011 by Sgornick (talk | contribs) (USD: Remove ACH method.)
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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 describses 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.

USD

  • Dwolla (instant)
  • Liberty Reserve (instant)
  • International Bank Transfer (International and HSBC) (A fee is incurred, 1-3 business days)
  • U.S. Domestic Bank Transfer (No fees by the exchange, 1-3 business days)

BTC

  • Adding bitcoins to the account balance incurs no fees.

CLP

  • CL (Chile) Domestic Bank Transfer (No fees by the exchange, 1-3 business days)

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

USD

  • Dwolla Incurs Dwolla's $0.25 per-transaction fee.
  • Amazon Payment (Funds transferred to your Amazon Payments account.
  • Liberty Reserve (Fees 1% up to maximum of $2.95 USD per transaction)
  • MoneyPak (Fees $10 per $500 transferred)
  • Virtual gift card - Mastercard - Green Dot (Fees $10 per $500)
  • Virtual gift card - Amazon (1%, minimum of $5)
  • Virtual gift card - iTunes
  • Game cards
  • Donation to charity (Red Cross, Electronic Frontier Foundation)

CLP

  • CL (Chile) Domestic bank transfer to any Chilean bank. (No fees.)

INR

  • IN (India) Domestic bank transfer to any Indian bank. (Fee for deposit may be charged by your bank.)

Trading

Limit orders are placed with a specific price. When a counterparty is founds, 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.

History

First mention on the site was on June 8th, 2011[1] which is also the "go live" date display on the exchange's status page[2].

See Also

External Links

References