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A comment on Frozen Funds.

Re:Frozen Funds by 3pt14159 on Sunday March 23, 2014 @12:57PM (#7454019)
Bitcoin wallets shouldn't be accessible from the exchange's code base. When a user wants to transfer funds out there should be a small fee and a human should process it from an secured computer. The verification step should include signing either with a cryptographic key, logging on with a hard to hack account, like gmail, or by sms verification. None of this passport / utility bill bullshit.

It's fucking amateur hour here.

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Re:Frozen Funds by eropple on Sunday March 23, 2014 @01:22PM (#7454118)
If there was such a fee, nobody would use your exchange.

That's the beauty of this whole thing. The users self-select exchanges that are insecure because they're easy.

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Re:Frozen Funds by FootballMuse on Sunday March 23, 2014 @01:36PM (#7454176)
Vircurex does charge a withdrawal fee.

https://vircurex.com/welcome/help?locale=en

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Re:Frozen Funds by eropple on Sunday March 23, 2014 @01:44PM (#7454215)
Wow. Sorry, then: that's just indefensible.
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Re:Frozen Funds by yetfeo on Sunday March 23, 2014 @06:54PM (#7455618)
Exchanges usually charge a withdrawal fee to cover transaction fees. BTC-e also charge a fee for example. Bitcoin software doesn't provide (an easy if possible at all) means to compute the fee up front to pass on to the receiver. So exchanges charge a fee that to cover the average cost per transaction.
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