Bitcoin Forum

Other => Beginners & Help => Topic started by: jimboboh on August 21, 2012, 12:33:05 AM



Title: 30 day wait on Dwolla even for marketplace exchange?!
Post by: jimboboh on August 21, 2012, 12:33:05 AM
Hi all, I'm new to bitcoin and got some funds into Dwolla.  Like others, I was suprised to find the 30 day wait period.  Luckily I came across the community and figured I could do a dwolla to Mtgox exchange.  A couple members have sent me the proper info to send them money via Dwolla, but every time I try to pay them I'm STILL getting a message with 30 day wait period needed.  What the hell!?  Can someone help me out here, or did Dwolla go full retard and won't let me send money anywhere without waiting 30 days?


Title: Re: 30 day wait on Dwolla even for marketplace exchange?!
Post by: Stephen Gornick on August 21, 2012, 06:46:39 AM
A couple members have sent me the proper info to send them money via Dwolla, but every time I try to pay them I'm STILL getting a message with 30 day wait period needed.  What the hell!?  Can someone help me out here, or did Dwolla go full retard and won't let me send money anywhere without waiting 30 days?

It's probably not you, it's them.  Dwolla initially was putting new accounts such as you on a 30-day probationary period where funds cannot be sent to to a risky counterparty, such as a bitcoin exchange.  What possibly happened is that the party you are attempting to trade with does a lot of trades and as a result falls into that high risk classification.

Perhaps you can find another party that hasn't recently used their Dwolla account for trading?

Here's a forum thread where you might find a trade:
 - http://bitcointalk.org/index.php?topic=78512.0