Someone brought up that Bitalo isn't really an exchange, but an OTC marketplace,...

		sillysaurus3 on March 27, 2014 \| parent \| context \| favorite \| on: There was no widespread use of malleability attack... Someone brought up that Bitalo isn't really an exchange, but an OTC marketplace, and that fraud is possible. A fraudster in the US can reverse the bank payment in a Bitalo transaction up to 6 months after the BTC has been released from escrow: https://news.ycombinator.com/item?id=7432635 You should probably specify that Bitalo is perfect for non-US customers.

That's true, in the US only SWIFT transfers should be used to prevent fraud.