I asked them about this upgrade via e-mail these days.
that's a little similar to p2p market, but not all. when you make a deposit on LakeBTC, Lake Banker will recive your request. of course, I am one of Lake Banker now. then you directly transfer your deposit to me (Bank charges need you to bear), and I put a deposit in advance in LakeBTC account, your deposits will trasfer directly from my account. That's over.
You have to admit that I am more or less played some role in it, so you just pay me 1-50 GBP as a tip (the specific tips depends on your amounts). Nevertheless, it's still spent very little time and cost in the entire process.
Compared to Localbitcoins which is another p2p place to buy bitcoins, I think the fair price is lakebtc' advantage. As we know, Localbitcoin's price is usually +1% to +10% based in bitcoin exchanges, while lakebtc itself is a major exchange, its price is market price, the shaking price charts would never appear in lakebtc, as so far.
thank you, may I ask what time do you work for it? and do you know that are there how many Banker now?
if I deposit £1, it also need tip you £1? can you explain me the fee in details?
I'm not working for it, or can be said any time at work. I never take the initiative to pay attention with if there was a desposit, I have in normal work and trading every day, until recive the notifications by mail.
for the fee, I can't say it exactly, but as for now, my min tip is $3.5 @ $500 (not only GBP, but USD also can be accept by Banker), max tip is £9.6 @ £800
If it can accept deposits $10,000 every day, there will be earn a quite big tips in a month. It almost you did an another job at the same time.
I want to know whether could you accept every deposit?
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Topic
BoardTrading Discussion
Re: Bitcoin Exchange Reviews Collection - the most complete!
TBH, I am a bit concerned about OKcoin, and all the stuff that has come out about them. The corporate structure and shady people involved, the lack of security protocols, the belligerence of Star Xu, the allegations of running bots, the exodus of all those executives..... doesn't look good.
Do you have a link to any of this? This is all news to me. I've been away from trading for a while. Was thinking of sending a little bit to OKCasino to do some 20x gambling.
There is a lot of stuff on r/bitcoin. I'm a bit lazy to pull it all up myself. But google is your friend.
heard shady trading in okcoin, and although I don't like okcoin too, but any sample reddit discuss more shady things with okcoin??
I have asked them to do a proof of reserves and publish balances managed by them - really hoping they are doing it.
the thing is, how much trust can you put into that? there was a reddit thread recently where the former CTO stated that Okcoin gamed the audit. here's the link:
I can confirm OKCoin removed a number of accounts (used by OKCoin bots) to pass the Proof-of-Reserve audit in Aug 2014. In essence, these bots trade on fractional (or fictional) reserves. Stephan Thomas was lied to during the audit. This is an unfortunate limitation of the proof-of-reserves method.
And also this:
Quote
Up until the time of my resignation, Star alone holds the private key to the OKCoin code wallet. The backup of the private keys were held by Stars wife and mother, both of whom are non-technical. Such was the state of OKCoins cold wallet security. I have insisted many times to switch to a multi-sig solution. Star said yes, but always delayed the task.
if this is true, such shameful shady trading in okcoin is really make me sick
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Topic
BoardExchanges
Re: 【LakeBTC.com】Bitcoin Exchange
by
SanMerryDro
on 26/06/2015, 08:22:52 UTC
Hi, could you help me that why did my deposit wire was denied to back? my bank told me that the other side refused to receive it??? thank you, my new lakebtc account uid is u537429101
the process is a one-time, they never again ask you to provide any proof, if you pass the verification, deposit and trade need not verification, even fiat so, and withdraw btc is also no verification, but withdraw fiat must need verification.
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Topic
BoardTrading Discussion
Re: arbitrage from btc-e to bitstamp - is it worth it?
by
SanMerryDro
on 10/12/2014, 08:07:34 UTC
Bitstamp fee is high, and its a very tedious verification system for aml/kyc, why not choose LakeBTC to replace it?
usually, btc-e doesn't need verification, but sometime it is must if you deposit fiat via bank wire, so I cant sure its verification and more, my apology
just buy bitcoins, it still the cheapest on cavirtex in Canada
Does Cavirtex have a limitation on the amount you can purchase? QuickBT had a limitation as it only allowed 0.2 to be purchase at a time.
I guess it's no, but i never use cavirtex since i's not bades in canada. and i think if you have usd, you can buy cheaper bitcoin on global exchange, it's very good and easy to do so both on lakebtc and bitstamp which they are bitcoin exchange indeed with no any gambling tools.