Businesses and accredited investors can apply to join Prime starting today.
After the user's identity is verified, every client will receive a $75 credit to
test trading. Clients will be invited to fully activate their account with a
deposit of at least $10,000 USD, 200 bitcoins, or $5,000 in Mt. Gox codes.
I was a member of the original Tradehill and did most of my trading there until you closed. It looks like you are not working with smaller accounts at this time, am I reading this correctly?
We're going to offer additional products for smaller accounts soon. There are a few reasons that we're doing it this way.
I very clearly remember working with you and I'm excited to do it again as soon as we can offer it.
March 18, 2013
San Francisco, CA - Tradehill, the first American Bitcoin Exchange, relaunched
today.
...
It's a pleasant surprise to see you guys back!
I have to take exception in two ways to this statement. My understanding was that ~weex's thing was the first American exchange. Also, I signed up for Tradehill-I back in the day because I thought it was Chilean.
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For newer readers: When Tradehill shut down I had somewhere in the $1500 range USD in my account...waiting for a drop under $2/BTC which never came...yet. Tradehill dutifully cut me a check in a timely manner with no fuss and no BS about needing to send additional documentation. I decided that if the opportunity came along again I would do business with them, and am delighted that I may be able to do so.
There is a little bit of confusion regarding who was the first US exchange. I had the idea to start Tradehill when I was living in Chile (I'm a US citizen). I started it with two other US citizens and one Chilean.
One of the other guys was living in the US at the time, one was mostly in Chile but traveling between the two countries. Shortly after we went live I moved back to the US. The company was formed in the US as well.
I hope that clarifies it a little. It's somewhere in between but more US. I did have the honor of explaining Bitcoin to the Chilean version of the IRS though.
Jered