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Title: Best way to move fiat? I hate Dwolla. Post by: Melbustus on September 19, 2012, 06:23:27 AM I hate Dwolla. Their transfers are slow. Their support sucks. Their website is buggy. And they're asking for a truly irritating level of personal information and scanned documents all of a sudden, despite the fact that I've been using them for over a year without changing any of my financial info... Not that I have anything to hide - it's just annoying and offensive.
Better way to move fiat from a US bank account to an exchange?? Title: Re: Best way to move fiat? I hate Dwolla. Post by: Raize on September 19, 2012, 06:29:38 AM The answer is Dwolla.
If you are using Bitcoin for legitimate purposes, Dwolla is still your cheapest option, even with all the delays. If money is no object, I would recommend BitInstant or any of the other providers. Title: Re: Best way to move fiat? I hate Dwolla. Post by: Stephen Gornick on September 19, 2012, 09:36:18 AM Better way to move fiat from a US bank account to an exchange?? BitFloor was a nice alternative, ... they're Camp BX will accept a personal check, but if you thought Dwolla was slow, mailing a check will definitely take longer. But for $500 or larger, you can use Bitcoins Direct and deposit cash at a bank (any B of A, PNC Bank, or Wells Fargo branch). You can also use funds from OKPay which you can transfer from your bank but if you didn't like Dwolla's AML/KYC I doubt OKPay's will be any different. Here's a pretty comprehensive list of options: - http://en.bitcoin.it/wiki/Buying_bitcoins Title: Re: Best way to move fiat? I hate Dwolla. Post by: teamhugs on September 19, 2012, 08:29:29 PM dwolla started to see a flood of suspected drug cartel mules and operants using their service for money transfers. It's likely US law enforcement came knocking a few times and helped educated dwolla on AML/KYC, especially after they got their venture funding. I imagine some venture fund lawyer freaked out and started demanding these rules as well to help protect their investment.
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