Post
Topic
Board Service Discussion
Re: BitMarket.Eu - ownership changed (in a way)
by
M4v3R
on 07/01/2013, 10:41:39 UTC
I'd like to announce a quite big change in verification system. The verification is now needed only for buyers. That means you can sell your BTC on Bitmarket without going through verification prodecure, which requires you to have eBay/Allegro/Bitcoin-OTC profile, or sending ID scans. This is because it's nearly impossible for a seller to scam the other party on Bitmarket - he can't withdraw his BTC that are part of active transaction, and he can't cancel it without agreement of other party.

In near future I will further simplify both buying and selling, because now there are some misunderstandings on how it works for some people.

Edit: I have also moved all frozen transfers to "on hold" balances. It will make easier managing them.
Also, someone has suggested that I should create means for selling and buying these "on hold" bitcoins, so people who need money quick could sell them at a discount, and other people seeking an investement could buy them. What do you think about this?