How to keep 700 Bitcoin a day safe

Interesting. I'd love to hear more from AltcoinTrader on their operation. They're doing a fraction of Luno but I'm concerned about their system given that they respond to emails from various other business gmail accounts.
 
I'm more concerned about what you're going to do to compensate for the missing Ether and lost trades due to your platform conking out. #paybackthemoney
 
Swa said:
I'm more concerned about what you're going to do to compensate for the missing Ether and lost trades due to your platform conking out. #paybackthemoney
Click to expand...

Use at own risk.
 
Won't use Luno again - used them for the first and last time in July - it has taken since then to actually recover - their rate is insane.
 
manicminer said:
Of course it is, within reason. It's a best effort service... unless you have an SLA that the rest of us don't.
Click to expand...
Best effort doesn't come without penalties. If a server provider were to have anything less than 99.9% uptime they'd refund for the entire month and we're talking crazy R500+ amounts there. So there's a big incentive to really put in best effort, this is not it.
 
Swa said:
Best effort doesn't come without penalties. If a server provider were to have anything less than 99.9% uptime they'd refund for the entire month and we're talking crazy R500+ amounts there. So there's a big incentive to really put in best effort, this is not it.
Click to expand...

Name me a single provider that does this.
 
Swa said:
Best effort doesn't come without penalties. If a server provider were to have anything less than 99.9% uptime they'd refund for the entire month and we're talking crazy R500+ amounts there. So there's a big incentive to really put in best effort, this is not it.
Click to expand...

That's not best effort, that's an example of a penalty clause in an SLA... so, where's your SLA?
 
Swa said:
empty argument
Click to expand...
Nothing to argue. SLA means service level agreement. A signed document detailing the level of service you can expect to receive along with a penalty clause explaining what happens in case you dont receive that level of service. Now unless you have one, you can complain till youre blue in the face, but they're not obliged to offer you any compensation for a bad day at the office through heavy bidding traffic... thats a best effort service. Were still waiting for the copy of that SLA you say you have.
 
lilors said:
Which exchange do you recommend?
Click to expand...

I wasn't pointing out that Luno is not a good exchange to use, merely pointing out that it's a best effort service and you use it at your own risk... i.e. if the network is busy or you can't connect because of your own internet issues, you can't really complain about not being able to change your market position.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X