Bitcoin Stack Exchange
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Questions tagged [exchanges]

Exchanges are sites which allow for the conversion of Bitcoins to various world currencies as well as alternate cryptocurrencies.

An exchange offers a way for users to buy and sell Bitcoin for some other currency. Many exchanges will allow users to buy and sell Bitcoin for fiat currencies such as the US Dollar, British Pound, or the Euro. Many exchanges will also allow for trading other cryptocurrencies for fiat currencies and other cryptocurrencies for each other. For example, an exchange may allow Bitcoin to Ethereum trading.

Most exchanges that allow the trading of Bitcoin or other cryptocurrencies for fiat currencies require that the user submit identification information. This information is required so that the exchange, classified as a Money Services Business, complies with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations that are present in many countries.

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Is there an open source Bitcoin exchange?

I just found this project, which is described a.t.m as a learning project. Is there a more serious, open source Bitcoin exchange? I'm aware exchanging BTC for fiat money can be quite complex, and might not fit an open source model, but an exchange…
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How do bitcoin exchanges work?

I'm relatively new to the world of Bitcoins and understand the basic principles of wallets and addresses etc, but was wondering how exchanges (like Coinbase) work exactly. Is the entire exchange basically one large wallet with each user having their…
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How would a decentralised exchange work?

The idea of decentralised Bitcoin-fiat exchanges has been floating around. (For example Mastercoin, Ethereum and Bitshares claim to be able to do it.) How would such a decentralised exchange work?
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What exchanges offer trail orders?

Trail orders are extremely useful, much more so than simple stop loss orders. Are there any exchanges that offer trail orders? Using a trail order, the stop price would track the market price as long as it goes in the same direction, but not if the…
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What information will someone need to give me money?

I want to use BitCoin to earn money from someone else for working for them. I want to give them as little information about me as possible What will I HAVE to give them so I can accept money, what personal info will have to be given?
Matthew
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Do bitcoin exchanges own the bitcoins they trade with?

If I have a balance in USD with any exchange, and I placed an order to buy bitcoins, how does it work for the exchange? do they need to hold enough bitcoins to cover all the "buy" transactions and sell those bitcoins to me from their wallet? or,…
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What happened to bitcoin-24?

As per subject. It has been down for some days, apparently due to bank problems of the owner(s): Our Service is momentarily not available. 1. All funds (EUR, USD, PLN, GBP & Bitcoins) are safe. 2. All withdrawals will be gradually processed…
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Coin Exchange Profits

I've seen plenty of people looking into setting up coin exchanges. I'm also interested in the development of cyptocurrencies and think it might be a good idea to get involved in the business environment as well. I'm wondering, however, if starting…
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What are the risks of keeping USD in an exchange account?

Bitfloor, mtgox and others allow me to keep a balance of both btc and usd that is not being traded. So the usd is apparently in the hands of the exchange company rather than at my bank. This is an advantage because it allows me to quickly buy in and…
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How can I convert my Bitcoin to Western Union urgently?

I tried posting in some forums but got no replies. Is there any reputable exchanger out there that can send me Western Union transaction for my Bitcoins? It's not a big amount and I don't mind paying fees to both exchanger and the Western Union.
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Is there a Bitcoin exchange which has bank accounts in South Korea?

Is there any exchange, or a website selling Bitcoin, which has a bank account in South Korea?
ria
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Besides Bitfinex, which crypto currency exchange(s) have Trailing Stop Loss

I was using Bitfinex until they stopped allowing U.S. clients. They are the only exchange I know that has a Trailing Stop Loss feature. Are there any others? It's very dangerous to ones portfolio to trade cryptos without stop loss functionality if…
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Up to date list of exchanges that have been hacked?

One key detail I'd like to consider when reviewing which exchange to do trading on, is how often, and recently have they been hacked? I can see lots of random posts about this of course for various exchanges, but would love to find a chart that…
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What's the best way to transfer bitcoins between two exchanges?

I'd like to transfer bitcoins in my Kraken account to my Poloniex account. What would be the best (a.k.a. cheapest) way to do that?
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Was the "Proof of keys" exercise "The Ultimate Stress Test"?

Yesterday was publicised as a "Proof of Keys" day when people with accounts on Bitcoin exchanges were urged to withdraw their balance into a stand-alone wallet for the day as a test whether the exchanges actually held all the Bitcoin that had…
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