Quote from: s1lverbox on December 16, 2013, 01:40:19 PM

Quote from: BigLad on December 16, 2013, 09:30:18 AM

Great news but, why would a legit exchange use Hushmail as their mail servers?

Code:

bit121.co.uk MX
preference: 10
exchange: plsmtp1.hushmail.com
300s
bit121.co.uk MX
preference: 10
exchange: plsmtp2.hushmail.com
300s

Don't get me wrong, this is exactly what I am looking for being a UK resident but with the high fees and above info I think I have good reason to be cautious?

for now the best option is to watch and just comment about this. personally I wouldn't risk put 50quid to this couple weeks old exchange. second worrie is lack of info. no address, no phone, no info who is the owner. if anything will happen who u gonna chase if email address fail when u trying contact them. this days anyone one can have site secured with SSL for few bobs. site itself looks really like school project. maybe.I'm wrong and it will be succesfull but will see. remember there was someone who tried setup exchange and failed big time. mtgox had account.closed in UK. btc-e not rushing to give UK green light for deposit in GBP. must be a reason.

have you checked this article? http://www.coindesk.com/barclays-bank-uk-bitcoin-exchange-bit121/
apparently bit121 doesn't use barclays directly but barclays refuses to comment on this.
personally I am waiting for ZipZap next year to poor some money into bitcoin and litecoin.