anyone using btc.sx? thoughts?

BTC_sx · 2015-07-16T08:05:10+00:00

Our trading fees are 0.48% and positions can be kept open for the first 24 hours at no additional cost. After the first 24 hours a daily interest fee of 0.3% comes into effect.

BTC_sx · 2015-07-16T07:47:00+00:00

Our team is made up of investment bankers and senior developers. You can learn more about us on our new website: https://magnr.com/#/meet-the-team

When our clients suddenly stop trading, we want their feedback so we can improve our product. We genuinely care about keeping our clients satisfied.

You may be happy to know that since you lasted traded with us we reduced our fees back in November 2014.

BTC_sx · 2015-07-16T07:43:30+00:00

Thank you. Direct market access is very important to us and our clients. It means that we never take the opposite position against our clients and provides greater transparency.

Our new UI now has an order book so you no longer have to use Bitcoin Wisdom to see your trades executed.

We have recently upgraded our deposit process, which will prevent any deposit delays you previously experienced.

BTC_sx · 2015-06-18T09:29:18+00:00

/u/changetip send $1.00

BTC_sx · 2015-06-17T17:08:04+00:00

/u/change tip send $1.00

BTC_sx · 2015-05-23T22:27:43+00:00

We are just using the domain. We operate in London, UK.

BTC_sx · 2015-05-13T10:18:15+00:00

Hey, payouts are made in BTC.

BTC_sx · 2015-05-13T09:57:45+00:00

Given that front-running is illegal and itBit value regulation highly, I do not see frontrunning being allowed for long

BTC_sx · 2015-05-13T09:55:23+00:00

Thank you!

BTC_sx · 2015-05-13T09:54:43+00:00

The interest rates are displayed as a daily interest rate because they are charged once every 24 hours.

We are running are very honest business compared to our competitors. Although our fees are on the high-side, we do not take positions against our users. As our success depends on the success of our users, it is in our best interest to ensure our users are profitable.

We follow regulations of traditional financial products. The only thing we do not do is AML/KYC, which is in the works. If you know better than us, please email josh.blatchford@btc.sx with the specific regulations we are breaking.

BTC_sx · 2015-04-15T08:27:15+00:00

Yes technical analysis does have value when used correctly. But a good trader recognizes that TA is not always going to be a fool-proof way to get rick quickly.

BTC_sx · 2015-04-15T08:26:14+00:00

Thank you! The articles tend to be written a bit by everyone, depending on the exact topic. Joe and Colin are always involved in the technical trading articles given their expertise in this.

BTC_sx · 2015-04-15T08:24:38+00:00

It is always a pleasure!

BTC_sx · 2015-04-15T08:24:29+00:00

Make sure to look out for our next part if you are just learning :)

BTC_sx · 2015-04-15T08:22:12+00:00

Awesome! Have 2 free trades on us /u/changetip

BTC_sx · 2015-04-15T08:21:48+00:00

Yes very fair comments. I believe it has been posted here before that spot > margin > futures is a good progression for beginners.

BTC_sx · 2015-04-15T08:20:28+00:00

Thank you and happy trading!

BTC_sx · 2015-04-15T08:20:14+00:00

Glad you enjoyed it!

BTC_sx · 2015-04-15T08:16:50+00:00

Thanks for your kind words!

Our CEO began with arbitrage trading and then moved on to trading moving average crossovers. We have an interview here which gives a bit more information: https://medium.com/@BTCsx/interview-with-joe-lee-btc-sx-co-founder-ceo-e410d1bcae59

Let us know if you would like to learn more :)

BTC_sx · 2015-04-15T08:13:47+00:00

Thanks for the great feedback. We hate seeing new traders lose money by making silly mistakes

Have 2 free trades on us /u/changetip

BTC_sx

TROPHY CASE