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Hey there - I'm on the tech team in CurrencyFair. We've been around for a few years now, but weren't expecting to see our name pop up on HN just yet. Of course

Hey there - I'm on the tech team in CurrencyFair. We've been around for a few years now, but weren't expecting to see our name pop up on HN just yet. Of course, now that it's here, if anyone has any questions about what we do, feel free to ask and I'll get back to you asap. If you're looking for a direct link, it's at the bottom of the OP, or: https://www.currencyfair.com https://www.currencyfair.com

dexen 13y ago
Bitcoin seems to be missing from the list of supported currencies. That by design or an accidental mis-feature?
- danielhunt 13y ago
  It's by design right now - we don't allow bitcoin at the moment for anti-money laundering reasons. That said, we're watching that world quite closely - we could well support it in the future ... just not right now. [edit: formatting]
hawkten 13y ago
The decentralized currency exchange platform found on the Ripple network seems more promising, as soon as you find a gateway near you that you can trust. Plus, you'll have support for other currencies (like Bitcoin or event local currencies) https://ripple.com/distributed-fx/ https://ripple.com/distributed-fx/
- rb2k_ 13y ago
  Unless I missed something, there is no easy way to send money to a US bank account though. The Bitstamp Gateway supports SEPA, but not ACH. Plus it seems like a lot of hassle to add more conversions to the process.
pioul 13y ago
Hey, I actually just heard about CurrencyFair today (through the article I posted), and was surprised it didn't have a lot of news coverage thus far. As a marketplace, reaching a critical number of users must be something to look forward to, even though I'd understand if you wanted to expand to select markets first (the article says 37% of your current users are in the UK, and 20% in Australia).
- danielhunt 13y ago
  Hey Pioul - we noticed the traffic from your article ... thank you for that :) <marketing speak>We're at quite a large size already, having put > .5bn sterling through our system by now</marketing speak>, but more users is always a good thing! Sure, we have a large user base in the UK and Australia, but really, those users are international - they're not all from those countries, and that's completely ignoring all of the European users we have ... so critical-mass is something we've pretty much already hit. [edit: spelling]
  - pioul 13y ago
    I meant the article I shared on HN, I didn't write it – so props to its author!
    - danielhunt 13y ago
      Ah, sorry, some confusion there. Another blog post today pushed a good few new users to our site earlier. Now I'm just getting excited for no good reason ;)
  - deleted 13y ago
    [deleted]

dexen 13y ago

Bitcoin seems to be missing from the list of supported currencies. That by design or an accidental mis-feature?

danielhunt 13y ago
It's by design right now - we don't allow bitcoin at the moment for anti-money laundering reasons. That said, we're watching that world quite closely - we could well support it in the future ... just not right now. [edit: formatting]

hawkten 13y ago

The decentralized currency exchange platform found on the Ripple network seems more promising, as soon as you find a gateway near you that you can trust. Plus, you'll have support for other currencies (like Bitcoin or event local currencies) https://ripple.com/distributed-fx/ https://ripple.com/distributed-fx/

rb2k_ 13y ago
Unless I missed something, there is no easy way to send money to a US bank account though. The Bitstamp Gateway supports SEPA, but not ACH. Plus it seems like a lot of hassle to add more conversions to the process.

pioul 13y ago

Hey, I actually just heard about CurrencyFair today (through the article I posted), and was surprised it didn't have a lot of news coverage thus far. As a marketplace, reaching a critical number of users must be something to look forward to, even though I'd understand if you wanted to expand to select markets first (the article says 37% of your current users are in the UK, and 20% in Australia).

danielhunt 13y ago
Hey Pioul - we noticed the traffic from your article ... thank you for that :) <marketing speak>We're at quite a large size already, having put > .5bn sterling through our system by now</marketing speak>, but more users is always a good thing! Sure, we have a large user base in the UK and Australia, but really, those users are international - they're not all from those countries, and that's completely ignoring all of the European users we have ... so critical-mass is something we've pretty much already hit. [edit: spelling]
- pioul 13y ago
  I meant the article I shared on HN, I didn't write it – so props to its author!
  - danielhunt 13y ago
    Ah, sorry, some confusion there. Another blog post today pushed a good few new users to our site earlier. Now I'm just getting excited for no good reason ;)
- deleted 13y ago
  [deleted]