Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
237
on 25/09/2013, 14:04:59 UTC
+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?



It's intended as an extra layer of security.
Attacker would need weex AND Bitfunder Account Data to steal coins.

That way they are confident enough to enable automatic transactions in higher amounts.

As you know from BTCT, they have only a small amount availible daily for automatic cashout.
Everything above that has do be done manually by Burnside to ensure safety.