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The two largest bitcoin exchanges currently available to investors, Bitstamp and BTC-e, both stand to gain market share in the wake of Mt. But some are questioning the safety in using the largely anonymous exchange BTC-e. Not much is known about BTC-e besides its size and some scant information on its website.
When one tries, as this reporter did, a window pops up with this response: BTC-e did not respond to requests for comment sent through the support system and a Twitter account purporting to be from the exchange.
The account now follows no one. Zachary Collier, who works as an application developer in Pueblo, Colo. Collier, 25, told MarketWatch he started using the exchange more than a year ago because it was one of the first to support litecoin, a derivative of bitcoin.
To secure your bitcoins, print them out. A location in Russia could be problematic because authorities there have come out against bitcoin , he added. He testified at the virtual currency hearings in New York earlier this year. Bitcoin prices recover; Mt. Gox says leave us alone. Who are the big investors in bitcoin ventures? Why the digital currency bitcoin may be more secure in analog form. Drawing on our reporters, analysts and commentators around the world, as well as selecting the best of the rest online, The Tell is all about the pulse of the markets through news, insight and strategic information to help you make the best investing decisions.
Tell us at TheTell MarketWatch. Bitcoin exchange BTC-e, a Mt. Gox alternative, is an Internet black hole February 27, , 8: Live blog recap Apple earnings send stock to record levels ahead of iPhone X launch: Live blog recap Tesla earnings walk back Model 3 production ramp forecasts: Live blog recap Live blog recap: ECB to begin scaling back bond purchases in January Netflix earnings send stock up from record closing high: