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Author Topic: Proxy buy and sell bitcoins  (Read 2935 times)
Garrett Burgwardt (OP)
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May 02, 2011, 09:02:08 PM
Last edit: May 03, 2011, 02:09:09 PM by Garrett Burgwardt
 #1

Hello everyone - I'd like to announce that I will gladly accept either checks in exchange for bitcoins or bitcoins in exchange for checks.

Essentially, anyone that would like to mail me a check in exchange for bitcoins may do so, and provide an email address along with the check. When the check clears to my account, I will put the money into Mt. Gox or otherwise purchase as many bitcoins as I can at market value and query the email address for a bitcoin address. There is a transaction 4% fee with this method. (IE I buy 100 bitcoins, I would keep 4 of them as a fee)

For anyone that wants mtgox for a check in the mail, I'll send mtgox USD in exchange for checks at 1.04 USD per mtgusd, same process as above.

For anyone that would like to receive a check for bitcoins (or mtgox USD), they may transfer them to an address I would provide. As soon as they confirm, I'll sell them and write off a check for however much they sold for -4%, and would mail it off the next day.

For all transactions that involve me mailing a check: There is a $5 or equivalent btc cover charge so that I can pay for certified mail. I don't want checks getting lost in the mail like other cash in the mail services.

Anyone interested should PM me to get the ball rolling Smiley
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May 02, 2011, 09:45:02 PM
 #2

Hello everyone - I'd like to announce that I will gladly accept either checks in exchange for bitcoins or bitcoins in exchange for checks.

Essentially, anyone that would like to mail me a check in exchange for bitcoins may do so, and provide an email address along with the check. When the check clears to my account, I will put the money into Mt. Gox or otherwise purchase as many bitcoins as I can at market value and query the email address for a bitcoin address. There is a transaction fee of 2% with this method. (IE I buy 100 bitcoins, I would keep 2 of them as a fee)

For anyone that would like to receive a check for bitcoins (or mtgox USD), they may transfer them to an address I would provide. As soon as they confirm, I'll sell them and write off a check for however much they sold for -2%, and would mail it off the next day.

Anyone interested should PM me to get the ball rolling Smiley

That's great. You might want to give people the option to get MtGox USD from you so they can buy for themselves. Some people don't know you can transfer easily.

https://mtgox.com/users/sendMoney

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
Garrett Burgwardt (OP)
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May 02, 2011, 09:47:36 PM
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Hadn't thought of that, but I did know of the link. I'll add that option, I suppose Smiley
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May 03, 2011, 01:59:43 PM
 #4

Increased fees to make it worth my time - as business picks up I'll make it cheaper, but until that happens it isn't worth my time with only a 2% cover (especially given the price of certified postage).
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June 02, 2011, 02:44:57 PM
 #5

Bumping Smiley

Still available! For those that are in the USA this is a pretty good option.

As an added bonus, I'll rate you on bitcoin-otc if you're registered! Smiley
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