Difference between revisions of "BTC-e"

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A [[currency exchange]] with a BTC/USD market for trading between USD (U.S. Dollars) against bitcoins. The site has Russian and English user interface translations.
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{{infobox company|name=BTC-e|image=[[File:BTC-e.jpg|256px]]
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|industry=[[Exchange|Fiat exchange]]
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|foundation=August 7, 2011
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|defunct=July 26, 2017
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|keypeople=[[Alexander Vinnik]]
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|parent=Always Efficient LLP
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|pairs=
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|website=https://btc-e.com
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}}'''BTC-e''' was a bitcoin exchange that allowed trading bitcoins for fiat or [[altcoin]]s. It was regarded as a "Big Four" exchange,<ref>http://www.coindesk.com/price/ Coindesk BPI</ref> having once handled 2.5% of all Bitcoin exchange volume.<ref>{{cite web|url=http://bitcoinity.org/markets/list |title=Bitcoin Exchanges Market Share |publisher=Bitcoinity |accessdate=2015-02-10}}</ref>
  
The methods allowed for adding funds to an account are [[Liberty Reserve]], Webmoney WMZ, Interkassa.com and their own BTC-E [[redeemable code|redeemable codes]].  The withdrawal methods are Webmoney WMZ, [[Liberty Reserve]], QIWI, LiqPAY and BTC-E redeemable code. BTC-E redeem codes exchange provided by [[AurumXchange Company]] and [[BitInstant]].
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In 2017, the exchange was shut down and revealed to have been the destination of stolen funds from [[Mt. Gox]], [[Bitcoinica]], and [[Bitfloor]].<ref>{{cite web|url=http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html#more |title=Breaking open the MtGox case, part 1 |publisher=[[Wizsec]] |accessdate=2017-07-29}}</ref>
  
==Features==
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==History==
 
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The site was first announced on July 17, 2011<ref>[http://bitcointalk.org/index.php?topic=29698.0 Btc-e.com exchange for the exchange of BTC <-> USD]</ref> with test mode trading.  Live trading began on August 7, 2011.<ref>[http://bitcointalk.org/index.php?topic=29698.msg437237#msg437237 Btc-e.com]</ref>
--[[User:Sgornick|Sgornick]] ([[User talk:Sgornick|talk]]) 21:43, 2 August 2012 (GMT)===Currency pairs===
 
[http://www.btc-e.com BTC-E] supports the exchange between the major currency pairs, such as:
 
* BTC/USD
 
* LTC/BTC, LTC/USD
 
* RUC/BTC
 
* NMC/BTC
 
 
 
===Deposit options===
 
* Liberty Reserve
 
* Webmoney WMZ
 
* Interkassa.com (VISA, MasterCard, PayPal, LiqPay, etc.)
 
<big>'''It's very nice News'''</big>: If the amount to deposit more than 30 WMZ - <big>'''fee is reduced to 0.08%'''</big>. Need sending private messages support, for details..
 
  
===Withdraw options===
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On July 31, 2012, the service reported a security incident in which halted trading and caused financial loss to the exchange. The exchange says it covered losses from reserves and trading resumed in a matter of hours.<ref>[https://btc-e.com/news/81 News / Trade is stopped]</ref>
Directly to your e-wallet and the U.S. dollar, such as:
 
* Webmoney
 
* Liberty Reserve
 
* Perfect Money
 
* LiqPay
 
* BTC-E code (cash out aurumxchange --> MtGox)
 
* For (not only) Russian User: АльфаБанк, Телебанк, ПриватБанк, Яндекс.Деньги, RBK Money.
 
  
==History==
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On August 2, 2012, the service added an API for trading, but still lacked an API for bitcoin withdrawals (something offered by every other major exchange). On August 20, 2012 the service added the BTC/RUR and USD/RUR trading pairs. On September 3 the service added numerous RUR deposit and withdawal methods as well as more USD deposit and withdrawal methods.<ref>[https://btc-e.com/news/87 News / Update commissions deposit & withdrawal + add new methods withdrawal]</ref>
  
The site was first announced on July 17, 2011<ref>[http://bitcointalk.org/index.php?topic=29698.0 Btc-e.com exchange for the exchange of BTC <-> USD]</ref> with test mode trading.  Live trading began on August 7, 2011<ref>[http://bitcointalk.org/index.php?topic=29698.msg437237#msg437237 Btc-e.com]</ref>.
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==Criticism==
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Bitcoin community member [[User:Luke-jr|Luke-Jr]] claims that BTC-E has frozen his account and funds on their own accord.{{cite}}
  
 
==See Also==
 
==See Also==
  
* [[Buying bitcoins]]
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* [[Alexander Vinnik]]
* [[Selling bitcoins]]
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* [[Collapse of Mt. Gox]]
 
 
==External Links==
 
 
 
* [http://www.btc-e.com BTC-E] exchange website
 
  
 
==References==
 
==References==

Latest revision as of 20:49, 29 July 2017

BTC-e
BTC-e.jpg
IndustryFiat exchange
FoundedAugust 7, 2011
DefunctJuly 26, 2017
Key peopleAlexander Vinnik
ParentAlways Efficient LLP
Websitehttps://btc-e.com
BTC-e was a bitcoin exchange that allowed trading bitcoins for fiat or altcoins. It was regarded as a "Big Four" exchange,[1] having once handled 2.5% of all Bitcoin exchange volume.[2]

In 2017, the exchange was shut down and revealed to have been the destination of stolen funds from Mt. Gox, Bitcoinica, and Bitfloor.[3]

History

The site was first announced on July 17, 2011[4] with test mode trading. Live trading began on August 7, 2011.[5]

On July 31, 2012, the service reported a security incident in which halted trading and caused financial loss to the exchange. The exchange says it covered losses from reserves and trading resumed in a matter of hours.[6]

On August 2, 2012, the service added an API for trading, but still lacked an API for bitcoin withdrawals (something offered by every other major exchange). On August 20, 2012 the service added the BTC/RUR and USD/RUR trading pairs. On September 3 the service added numerous RUR deposit and withdawal methods as well as more USD deposit and withdrawal methods.[7]

Criticism

Bitcoin community member Luke-Jr claims that BTC-E has frozen his account and funds on their own accord.[citation needed]

See Also

References