Here’s another Bitcoin exchange you might like to know about. It’s called Coinsetter and it’s brand-spanking-new. Oh, and it launched this morning, hoping to transform the Bitcoin exchange experience in the United States.
Back in April, the company was able to secure about half-million USD in funding, and today, the New York-based exchange is open for trading. Users are able to transfer in and out of the exchange using Bitcoin right now, and the company is working to incorporate ACH transfers over the next year.
What’s cool about this exchange is that Coinsetter expects to include Bitstamp’s order book in addition to their own, increasing the chances of finding a buy-sell order quicker.
The Genesis Block says, “The exchange will feature a maker-taker model, where high-volume liquidity providers are rebated 0.10% for adding limit orders to Coinsetter’s book, while orders that pull liquidity off the books pay fees starting at 0.50% and declining to 0.20% with higher volume.”