Bitcoin Forum

Economy => Currency exchange => Topic started by: Nolo on October 26, 2012, 05:58:59 AM



Title: Opinions on Moneybookers?
Post by: Nolo on October 26, 2012, 05:58:59 AM
I need to sell some BTC and convert to USD in my bank account.  Paypal obviously sucks.  Dwolla I don't like them for various reasons, one of which is how long it takes to transfer funds from your Dwolla account to your bank account.

But I've never used Moneybookers before?  Are they safer than using Paypal  (chargebacks)?  How long do they take to transfer the funds to your bank account? 

I'm open to other suggestions as well, that accomplish the same goals in a quick, safe, and cheap method. 


Title: Re: Opinions on Moneybookers?
Post by: Sensemaster on October 26, 2012, 07:51:20 AM
I Used Virvoxx and Bitinstant for cash out some ....

Use Mtgox convert in $ and with a rendem code too your virvwoxx account over bitinstant and gone ...


Title: Re: Opinions on Moneybookers?
Post by: Xch4ng3 on October 26, 2012, 09:00:07 AM
They don't support electronic currency exchanges.
Safer in terms of being hard to fraud but if you play it properly it'll be easy to use.


Title: Re: Opinions on Moneybookers?
Post by: Nolo on October 26, 2012, 02:12:24 PM
They have low fees (capped at 0,8usd and 0,5eur) and I've never had any problems. Highly recommend.

Chargebacks are hard to get. I once tried to have it reserved because the reciever did not deliver the goods (private person, not a company) and they said something to the effect of; "We do not interfer in personal matters.". I think however its possible if you claim you were hacked and internal investigation yields the same result.

They are not bitcoin friendly as far as I know, so better not mention it to them via transfer or support correspondance.

Transfer to bank account takes around 1-4days for me in Norway.

I do however advice you to try to achieve VIP status if feasible as you get a free security token as well as the ability to have multiple accounts with different currencies.

Btw, pretty sure they do not take american customers.

I'm buying BTC with moneybookers and have both EUR and USD account if you are interested.
https://bitcointalk.org/index.php?topic=101802.0 (https://bitcointalk.org/index.php?topic=101802.0)

Well if they don't accept American customers I guess that pretty much knocks me out.  I think I'd prefer to use bitinstant based on everything I know, just they've been down for the past little bit.  Not sure when they're coming back up.  



Title: Re: Opinions on Moneybookers?
Post by: lakeluke on October 26, 2012, 03:27:15 PM
i use them to buy btc from bitcoin.de users. never had any issues.

you need toassociate a credit card to your account or wire transfer.