News

We will be performing routine site maintenance on Tuesday, September 8th at 12AM EST GMT-4 time. During this time, all trading and withdrawals will be temporarily halted, for an expected time of under 45 minutes. Thank you to all our users for your patience and for continuing to use our site.

Our latest update has made our trading engine much faster, taking it to another level of high frequency trading performance. Active users will notice a significant boost in performance.

The goal of having an active order book in all currencies has been achieved. The price of Bitcoin on our site now stays close to the Bitcoin prices on the major exchanges.

Thanks to our relationship with Crypto Capital Corp., deposits and withdrawals from your 1BTCXE account are now instant! Their new API makes our job easier and our users content.

Our site is now available in English, Spanish, Russian and Chinese (Mandarin). This is not just a translation: we offer full spoken and written customer support in all supported languages.

We will be performing routine site maintenance on Tuesday, December 17th at 4pm UTC time. During this time, all trading and withdrawals will be temporarily halted, for an expected time of under 30 minutes. Thank you to all our users for your patience and for continuing to use our site.

We will be performing routine site maintenance on Friday, December 5th at 4pm UTC time. During this time, all trading and withdrawals will be temporarily halted, for an expected time of under 30 minutes. Thank you to all our users for your patience and for continuing to use our site.

We are proud to announce that 1BTCXE has officially gone live! The last two months have been dedicated to sorting and implementing the feedback and suggestions we have received from our trading challenge participants. We would like to thank all the people that took the time to report issues and make suggestions. Our site is better thanks to your feedback.

Our work has just begun! We are commited to constantly improving and upgrading our site, as well as constantly rolling out new features. For now, please enjoy trading without fees and check out our new API.

We will be launching our site with the two-week long 1BTCXE Trading Challenge, in which we will be giving away 10 bitcoins in prizes to the participants who will help us test our brand-new platform. There will also be rewards for reporting exploits, hacks and bugs in the platform. All participants will be assigned the equivalent of $100,000 USD in both Bitcoin and the currency of their choice. The only rule is: there are no rules! The user to make the highest return by the end of the challenge will be the winner of 5 BTC. The Challenge will take places from the 9th to the 19th of September. Good luck!

In May, 2013, a diverse group of people from Panama with backgrounds in the technology, security and financial sectors first came up with a new proposition for a cryptocurrency exchange that would provide solutions to the main issues faced by the Bitcoin community. This new proposition was for a true open-source exchange platform that would harness the minds of developers throughout the world, by aligning the incentives of developers with the incentives of the end-user. Making the code available to all would not only create a better product, but provide the transparency and trust to, eventually, take cryptocurrencies into the mainstream.

The product of this process, 1BTCXE, provides the convenience of trading cryptocurrencies in 30 different fiat currencies on a single account. We have endeavored to provide users with fast, easy and secure deposits and withdrawals of fiat currency. To this end, we have allied with the first fiat banking services provider for the cryptocurrency world, Crypto Capital Corp. This allows us to greatly reduce the counterparty risk associated with a banking system that is normally hostile to companies that deal in cryptocurrencies. Furthermore, our platform model creates a market for Bitcoin in all 30 currencies, so that users no longer need to hold US Dollars or Euro as a prerequisite.

After 9 months of intense work (and re-work), we believe that we have created a stable, user-friendly platform that will provide a safer and fairer exchange environment.