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Bitcoin => Bitcoin Discussion => Topic started by: andyb on June 26, 2011, 05:41:57 PM



Title: question: Withdrawing cash from mt.Gox in the UK
Post by: andyb on June 26, 2011, 05:41:57 PM
quick question: If my bank account is in GBP, can I withdraw from mtgox using my IBAN and BIC? or do I need to have an account in euros?


or what is the best way of withdrawing cash from Mt.Gox if you live in the UK?

I don't have a lot of money but I ask because I have never withdrawn before.


Title: Re: question: Withdrawing cash from mt.Gox in the UK
Post by: spruce on June 26, 2011, 05:44:18 PM
Open an account at britcoin.co.uk. Withdraw BTC from Mt Gox and deposit them to Britcoin. Exchange $-->BTC and BTC-->£ as needed.

Then withdraw £ directly from Britcoin with a UK bank transfer.



Title: Re: question: Withdrawing cash from mt.Gox in the UK
Post by: andyb on June 26, 2011, 06:02:17 PM
thanks. Now I only need to wait for trading to reopen so I can exchange my $ into BTC. :)


Title: Re: question: Withdrawing cash from mt.Gox in the UK
Post by: spruce on June 26, 2011, 06:35:21 PM
Note that Mt Gox has 100x the volume of trading that Britcoin has, so the exchange rate is usually a bit better at Mt Gox.

But I've found Britcoin usually works just fine, with the above proviso.


Title: Re: question: Withdrawing cash from mt.Gox in the UK
Post by: The Koolio on June 27, 2011, 11:36:04 PM
use britcoin!