What is BTC-E CODE?

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In the "Finances" tab on https://btc-e.com/ you can enter your BTC-E Code there.

What is this about?

rubo77

Posted 2013-11-27T01:32:47.160

Reputation: 329

Answers

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It is a redeemable code. They can be obtained from BitInstant or AurumXChange.

https://en.bitcoin.it/wiki/Redeemable_code

https://en.bitcoin.it/wiki/BTC-E

Think of it like a prepaid gift card code. If you have one, you can punch the code in, and a predefined amount appears in your account balance.

DAC

Posted 2013-11-27T01:32:47.160

Reputation: 303

can you explain this in simple words? I don't understand the wiki page – rubo77 – 2013-11-27T07:58:44.420

Put simply. You get a code. That code allows you to transfer bitcoin, without using BTC addresses. – Vincent P – 2014-08-04T05:10:44.847

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BTC-e code is used to quickly transfer money between users BTC-e.com exchanges mainly in US dollar currency. This method minimizes the loss during conversion to cryptocurrency, and then reverse the conversion to dollars.

Manoj kumar

Posted 2013-11-27T01:32:47.160

Reputation: 1