Still unusable and unrensposive. Prices lag minutes behind and cancelling orders is impossible.
Tips for a new good European market place?
Tips for a new good European market place?
Bitcoin.de & Kraken.com, although neither have anywhere near as much volume as Bitstamp does.
Bitcoin.de is not really an exchange, it is more an escrow that facilitates trading: you deal directly with other users and you buy/sell using SEPA transfers. Once the payment is received by the you/the other party, Bitcoin.de release BTCs accordingly.
Pro:
- Transfers are not stuck in a limbo depending on non-specified "problems" (MtGox/Bitstamp style).
- Because the entities involved in the transfers are banks, transfers really happen in 24/48 hours
- The price for BTCs sometimes is lower than "real" exchanges
- You don't need to fully verify your account: there is a semi-verified status that allows you to trade a maximum of 2500/year (IIRC there is also a limit in terms of volume, but at the moment I am too lazy to login and check
).Cons:
- Because of the 24/48 hours delay you cannot do day trading
- No major charting facilities available
- In case of a price crash the other party may refuse to honour the transaction (by doing so s/he will be penalised and possibly banned by/from bitcoin.de)
- Prices in USD don't make any sense: they are hugely overestimated
Yeah he didn't ask for an exchange specifically, but bitcoin.de is more like localbitcoins.com. Also, massimies, look into localbitcoins.com.
Kraken seems pretty great, but they are US based. Which is a big downside for me, especially after the whole Lavabit ordeal. And then there is the (very) low volume issue, of course.
I really hope Bitstamp will get real. They have been doing a fine job up until now, but we have yet to see a whole bunch of improvements. Surely most of these have been discussed within this thread.