BitQuick.co updates API to show proof of reserves. We believe in making bitcoin trading safe and simple!
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BitQuick.co updates API to show proof of reserves. We believe in making bitcoin trading safe and simple!

February 2014 19 6046

With Bitcoin rapidly gaining an increasing amount of global exposure and use, it is imperative that its community and user base are given peace of mind in knowing that the many beloved services and exchanges that they use everyday are fully solvent and transparent.

Our API has been updated to include proof of our reserves, now displaying each escrow address that is currently in use. Users can now verify for themselves that BitQuick.co has all listed funds accounted for, and is not running a fractional reserve.

We strive to offer a quick, convenient, and safe service for buyers and sellers to trade bitcoin. We believe that by being able to view our escrow addresses, users will be able to feel confident that they are using a legitimate and professional platform.

Please feel free to view our updated API here: https://www.bitquick.co/apisell.php

Anyone can act as a third party to verify our funds as well.

Here are some instructions to verify yourself:
1. Find an order on our buy page and place a hold on that order for a small test amount.
2. Visit https://www.bitquick.co/apisell.php and find the escrow address for that particular order.
3. Pay for your order and see if the address you receive your bitcoin from is the same as the escrow address you found in step 2.

BitQuick.co Support Team