Posts Tagged ‘BTC-E’

The Situation with the BTC-e Crypto Exchange Takes Unexpected Turns

26, Jul 2017

Yesterday the BTC-e crypto currency exchange went offline with some unexpected technical issues cited as the problem. The website is still not available online and there has been some unexpected, yet interesting development happening in the meantime. Reuters has reported that Greece arrests Russian suspected of running $4 billion bitcoin laundering ring and the person in question (Alexander Vinnik) is apparently associated with BTC-e in some way or another and the exchange has apparently been used for money laundering according to the information. Meanwhile WizSec has released an update regarding the MtGox hack tying the person in question with laundering the Bitcoins stolen from MtGox (not the actual “hacker” or hacker it seems). Apparently more details regarding the MtGox connection, the BTC-e case and money laundering are yet to follow…

The Tradewave Platform Now With Support for Live Trading

6, Sep 2014

tradewave-live-trading-available

Tradewave, a cloud-based trading platform using automated trading bots that you can create and customize has launched a live trading option as previously users were able to only create and backtest strategies (our brief check of the service). Tradewave is very similar in concept to the Cryptotrader service that we have reviewed already, however there are quite a lot of differences between the two. Tradewave uses Python for writing the trading bot code directly in the browser and then the bot runs in the cloud doing the trading for you, so you don’t need to worry about downtime or have to leave your computer on and connected to the Internet all of the time. The service offers free functionality for creating bots and backtesting them, but in order to get access to live trading functionality you will need to upgrade your account for $19.99 USD a month ($10 USD a month at Cryptotrader for the cheapest live trading plan). At the moment Tradewave offers live trading support at the following crypto currency exchanges: Kraken, Bitstam, BTCe and Bitfinex, however the services does support only the primary BTC and LTC for USD/EUR trading pairs and not all crypto currencies supported by some of the exchanges.

– For more information about the Tradewave automated bot crypto trading platform…

BTCe Exchange has Announced Withdrawal of Funds to VISA and MasterCard

21, Mar 2014

visa-mastercard-btce

Today the BTC-E crypto currency exchange, one of the top exchanges, has announced the option to withdraw funds to VISA and MasterCard cards, regardless of the issuer of the card or the currency. There is a 5% fee associated with the service to transfer funds from the exchange to your card and currently only USD can be withdrawn. If the card is not in USD the issuing bank will automatically convert to the card’s currency based on its exchange rate. It should take 2-4 business days for the funds to be available in the card according to the exchange. Note that only Visa and MasterCard credit cards are supported, the debit cards with Maestro or VISA Electron logos are not supported by the new payout system. We have not yet tested the service, but we do plan to check it out as it offers another convenient way to get cash from selling Bitcoins or other alternative crypto currencies if the amount is not very big.

– For the full news announcement regarding the withdraw to Visa and MasterCard from BTC-E…


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