Sep 16, · The exchange also revealed it’s new Wex tokens which are credited existing BTC-e users and that daily limits will be set for customer withdrawals. Additionally, Wex explains that the platform will operate in a “test mode” for general security purposes. Apr 11, · WEX Review: Cryptocurrency Exchange BTC-e Risen From The Ashes in Singapore WEX is a cryptocurrency exchange founded in that is operating out of Singapore. It is a rebranding of the now infamous exchange BTC-e, which was fined $M USD by FinCEN. WEX is #7 on BlockExplorers top 25 exchange list from Nov 02, · The new exchange, which resembled BTC-e in terms of interface and functionality, indeed undertook to pay off BTC-e clients by restoring user databases from backup copies. 60% of the lost funds were credited to customer balances in the original currencies, and 40% in debt tokens.
Btc-e wex tokensBtc-e Wex | CryptoCoins Info Club
After contacting the company, users were told that Money Polo received their money, and credited it to BTC-e, who may now seemingly be escaping the situation, as it is now WEX, an exchange that claimed not to buy or accept any financial obligations form ex-BTC-e. WEX is 7 on BlockExplorers top 25 exchange list from There are also three different APIs available for use in programmatic trading, though the documentation around one of them is in Russian with no English version available.
Trading Fees: Yes, flat 0. Once you have submitted your registration request, the page will update and display a password that you can use to log in. You should change your password as soon as possible after logging in, note that WEX does not ask you to do so. You may deposit, withdraw, and trade cryptocurrencies without verification.
Getting verified requires quite a bit of personal information, listed below. An image of your ID and proof of residence An image of you holding your ID with face clearly visible Verification should take no more than 7 working days. WEXs interface is a white background with black text and grey highlights. It feels difficult to use due to the extreme verticle configuration though it is not completely unusable. Trading pair selection is done at the top with trade submission done below an auto-updating chart.
There is an intriguing development in the ongoing BTC-e debacle. Ever since the companys domain was seized, there have been rumors it would relaunch under a different name. It appears the new name is Wex, and its domain is Wex. Alot of people will be looking for ways to get their remaining money back fromthe company as quickly as possible.
US authorities now control the companys originaldomain name. The company itself only controls a portion of user funds, whereas the rest is outside their control. This means all BTC-e users who had a balance at the time of the disappearance have lost access to their money, which will eventually be repaid by the team.
A week or two ago, customers could suddenly access a mirror site of BTC-e to either request a withdrawal of their money or update theirdetails.
However, there were a few caveats as far as this activity wasconcerned. First of all, US users could not access their accounts whatsoever, which immediately created a lot of friction.
Secondly, users who requested withdrawals effectively waived the right to claim their missing funds. It is unclear how many people did so, though. Today,it seems the BTC-e team is ready to put most of their misery behind them. The company hasrelaunched under a new name as of today, and it is expected that services will resume shortly. The new enterpriseis known as Wex and uses a New Zealand domain name. It is something most users will get accustomed to pretty quickly.
Thesite might not be ready for prime time, though, as the host server wasreturning a error at the time of writing. The goal wasto make Wex different from BTC-e. BTC-e is under investigation for money laundering and other criminal activities. Have a question about your personal investments? No matter how simple or complex, you can ask it here. Prior to that policy, my account was suspended for inactivity and now requires verification to get access again so that I can withdraw my funds.
The only problem is that due to their new policy, US Citizens cannot be verified on their website. It was indirectly suggested to me that i could get my identification verified by a 3rd party to regain access to my account.
My question is, does anyone know of a business that can verify my identity? Or better yet, has anyone had exactly this same problem and solved it? Thank you for contacting WEX support service. In accordance with our agreement and US law, we can not verify residents of the United States and countries on the sanctions lists. Please note that WEX will not be liable if the verification of your account is made to a third party Please read the agreement If you have other questions, please, feel free to ask them.
As an additional note: I did ask WEX if they could just refund me or transfer my balance to either my Coinbase or Blockchain account, but I suspect that I will still need to verify my identity first. Its just directs viewers to stored video ffiles on ya PC or whatever, however you could use the framework to build websites that sit out on the net miners get paid by the hosters, they could store codie72 : dreamtrove, there files on their own servers just have the urls directed..
A lot that need to be done Bitbiter : Does any track the disparity between kraken and wex? Ferdous : bomtan, everybody is here in fear Although bitcoin is trudging sideways on most exchanges, its booming on at least one.
But theres a footnote to that. That single-coin price would be an all-time high for legacy bitcoin. Thats because the platform is trying to distance itself from an alleged former employee, Alexander Vinnik , who was arrested in July by Greek authorities acting on behalf of the US government. Vinnick was charged with money laundering, fraud, computer hacking and drug trafficking.
But the US government identified him as the operator of the BTC-e exchange when it brought charges, something Vinnick himself claimed at his first hearing after being arrested. Vinnick was also wanted by his native Russia on fraud charges at the time of his arrest.
It re-emerged under the new WEX name in mid-September. All of its former users have been ported over to the new WEX, which claims it will abide by anti-money laundering and know-your-customer rules. When the world has gone corrupt, who can you trust?
Blockchain is stepping up. The word might ring a bell for its conne Been using Virwox regularly for 6 months, It is what it is Where else can you use paypal to buy bitcoin?
Very little Crypto-Currency mining in New Zealand - cost effective? I've be How to decode input data from a transaction? I'm sending a transaction to an account with some data with the following These days, the market is filled with both public and private blockchains, yet due to their similarities, many people t One of the things I get asked all the time is what is a bitcoin address?.
He noted that after the FBI had shut down the platform, the business quickly recovered, restarting first on the BTC-e. The new exchange, which resembled BTC-e in terms of interface and functionality, indeed undertook to pay off BTC-e clients by restoring user databases from backup copies.
The exchange has pledged to gradually buy back the debt tokens from customers in one to two years. Vasilyev acted as an expert during the trial in Thessaloniki, which tried to extradite Vinnik to the United States. In July , the tale of the revived exchange ended when some assets traded on the platform underwent significant inflation.
The market responded accordingly, and the price of the debt tokens collapsed. Dmitry Vasilyev announced his position on Facebook, urging users to file complaints with the police and blaming the current state of affairs on the new management of the site—in particular, on Dmitry Sutormin, the RACIB vice president for the development of organized trading in digital financial assets.
The fact that the proceedings against BTC-e were conducted long before its collapse in July is evidenced, in particular, by a document registered by the U. Department of Justice on January 17, Gox, Bitcoinica, and Bitfloor exchanges.
If we talk about the likelihood of his extradition to the United States, then this question has already been resolved. According to the lawyer, the former leaders of the platform deliberately turned Mayzus—whose company, in the opinion of the United States, was involved in the fraud on the exchange—against Svetleyshiy to divert the blow from themselves.
And although after a personal meeting, the disagreements were resolved, Mayzus did not want to act on the side of Svetleyshiy and, according to the lawyer, decided to participate in the game as a separate party, defending his reputation. They were asked to pay BTC compensation to reach an agreement on the amount missing from the accounts.
Now the real creators of the business, the only ones according to the documents, are laying claim to everything except for what the U. His intention to acquire the exchange was announced at the beginning of July On July 26, however, the media reported that the deal had not taken place, due to unsuccessful negotiations with Dmitry Vasilyev, according to Khavchenko. The aim is to reach some consensus. Binance spokeswoman Liah Lee said that such a measure was taken in response to complaints from WEX users, who noticed an overflow of funds through the Ethereum blockchain, which stores the wallet of the WEX exchange.
The data on the explorer reveals that two wallets controlled by the parties related to WEX sent the Ethers to Binance in 25 transactions from the end of July until the end of October.
Given that WEX has suspended withdrawals in Bitcoin and Ether in July, the traders suspect that in the event of a successful transfer of funds to Binance, they will no longer be able to return their assets. Judging by the size of the Telegram groups devoted to the discussion of the return of funds stuck on the exchange, hundreds of users are listed as victims.
One of the chats has 1, members, the other, which discusses the submission of complaints to the police, numbers more than Gox, you should freeze all WEX wallets and accounts. At the same time, Lee noted that the current freeze is temporary since the exchange has the right to freeze accounts only for a short time, whereas a notification from law enforcement agencies is needed for a longer-term freeze.
Further analysis shows that this address is associated with a wallet belonging to WEX through a set of branched transactions. Exchange platforms often ask Etherscan to secure their name to their wallet, and if they can prove that they really own it, their name is assigned to it—for example, the Binance addresses follow the same principle.
And while the BTC-e address was openly tied to the exchange, none of the more than ten addresses involved in the transaction between BTC-e and Binance was bound in this way.
The series of transactions began on July 29, , when , Ethers were transferred from the BTC-e address at a time to another address, which, according to users, is a WEX wallet.