5
1 review
Mt.Goxlogo

Description

Update

MtGox, called "Mount Gox" or "MTGOX", has been the most widely used bitcoin currency exchange market since it was started, and remains the largest in terms of popularity and volume. A registrant on MtGox has at least two sub-accounts: one for bitcoins (BTC), and one for US dollars (USD or MTGUSD) or other national currency. Bitcoins are bought using funds from the trader's national currency account, and the proceeds from the sale of bitcoins are deposited into the same account. Trading must always involve bitcoins as trading between different national currencies is not offered. Trades on Mt. Gox's execute from balances on deposit with the exchange which in turn makes trading on the market instantaneous, compared to some other Bitcoin markets where a subsequent settlement occurs manually between the trading partners. The disadvantage of this is that a third party must be trusted with keeping the money safe. MtGox was originally started by Jed McCaleb in July 2010, and was sold to Tibanne Co. in Japan in March 2011. It is currently operated by Tibanne Co., managed by Mark Karpeles (MagicalTux).


People Also Viewed

BitQuick logo

BitQuick

914 reviews

BitQuick.co is the world's fastest and safest Bitcoin trading...
Onex BTC logo

Onex BTC

876 reviews

Do you want buy bitcoin with paypal without id verification or...
Paxful logo

Paxful

1250 reviews

Buy Bitcoin instantly from reputable bitcoin sellers. Get your...

Submit a Review



People Also Viewed

HitBTC logo

HitBTC

26065 reviews

HitBTC is a global trading platform with multi-currency support...
Coinbase logo

Coinbase

835 reviews

A hosted web-based E-Wallet used for sending, receiving and...
BitQuick logo

BitQuick

914 reviews

BitQuick.co is the world's fastest and safest Bitcoin trading...
Onex BTC logo

Onex BTC

876 reviews

Do you want buy bitcoin with paypal without id verification or...
Paxful logo

Paxful

1250 reviews

Buy Bitcoin instantly from reputable bitcoin sellers. Get your...

Top Exchanges

BitNuxe logo

BitNuxe

89 reviews

BitNuxe is a site specializing in large cryptocurrency exchange...
Blocklancer logo

Blocklancer

77 reviews

Blocklancer is a Distributed Autonomous Job Marketplace (DAJ) on...
Vault of Satoshi logo

Vault of Satoshi

117 reviews

Vault of Satoshi allows you to trade fiat currency to crypto...
E-Currency Trade logo

E-Currency Trade

58 reviews

Exchange E-Currency like Perfect Money, OKPAY, Payeer, Advcash,...
MyBTC.ca logo

MyBTC.ca

132 reviews

MyBTC.ca helps Canadians buy $20-$2,500 worth of Bitcoin instantly...