How about an instant deposit/withdrawal from LibertyReserve. I've seen other places offer LR auto exchange.
Why are they processed manually at Tradehill ?
Since you are segregating the funds and we assume hold 100% of user deposits then there should not be an obstacle to auto exchanging LR.
Maybe you could elaborate on the challenge? So, we can sympathize.
We will have LR fully automated soon. We're receiving a lot of fraud attempts and prefer to manually verify each one.
We have been debating the speed of auto clearing LR vs the safety of manually verifying. We're going to make an announcement soon that will make more sense.
We're also looking at lowering the commission substantially on LR so it's really inexpensive to convert LR to USD or other currencies.
The main reason for auto verifying is that if something does go wrong then we will catch it before it leaves our system.
We could fully automate now but would like to continue verifying for a bit more. We will be increasing the speed and interval that we manually verify the LR.
You shouldn't have to wait more than a few hours and lately that has been the case.
It's been 2 weeks. What's the deal?
we really want to have instant buy/sell back up as well.
-Jered
Do you profit from instant buy/instant sell? What are some reasons for using this feature when I can instantly buy and sell at market value?
What if you just discarded this feature, how will that effect you or us? Personally, I'd never use it because I can't think of a time when using it will be better than using the market. Can you think of a time when the benefits of instant/buy/sell outweigh any other option?
Just Curious.
If it's not beneficial, perhaps you can "cut some fat" and save time, energy, and money.
We don't profit more on instant than on a market order. We had received a lot of positive feedback from it though and it was well received.
It simplifies the process even though the end result is the same for a lot of people.
In short it just makes it faster easier, if you use market orders there isn't a reason to use instant.
We will make a few changes to it where it may benefit you if you want to do something like sell all your USD for BTC or the other way around etc.
We have a lot of changes lined up it's just a matter of working down the list.
-Jered
