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Title: Migration from Havelock to Bitfunder Post by: wizzardTim on October 08, 2013, 12:00:51 PM Hi all,
I'd like to ask whether I can move my assets from Havelock to Bitfunder (eg NEOBEE). Also, what would be the process and cost. Thanks in advance Title: Re: Migration from Havelock to Bitfunder Post by: ThickAsThieves on October 08, 2013, 12:03:17 PM From the prospectus:
Quote Transfer of Shares Shares of the underlying asset on BitFunder may be imported or exported into any NEOBEE passthrough managed by TAT Investments, or to the underlying asset on Bitfunder. There is no minimum quantity for transfers, but any transfer order must pay a 1.0 Bitcoin service fee. How to Transfer Shares: Simply push the amount of shares to the issuer account on the source exchange, then send an e-mail to tat.investments@gmail.com noting your account name on the destination exchange you have chosen. Please use the same e-mail address you have registered with the source exchange for verification purposes. After your shares and request have been received, TAT Investments will push your new shares to your account in approximately 24-48 hours. NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. Title: Re: Migration from Havelock to Bitfunder Post by: 🏰 TradeFortress 🏰 on October 08, 2013, 12:05:43 PM If the 1 BTC is too steep, you might want to split the cost with some(one/people) that you trust.
Title: Re: Migration from Havelock to Bitfunder Post by: kopipe on October 08, 2013, 12:10:17 PM Wow, that fee is ridiculous. 1 BTC for a mostly automatic process that takes TAT a few seconds to execute. :D
And people wonder why stock exchange regulation exists. Title: Re: Migration from Havelock to Bitfunder Post by: pascal257 on October 08, 2013, 12:27:52 PM Wow, that fee is ridiculous. 1 BTC for a mostly automatic process that takes TAT a few seconds to execute. :D Well then try transfering a stock between the NYSE and an european exchange.And people wonder why stock exchange regulation exists. Title: Re: Migration from Havelock to Bitfunder Post by: wizzardTim on October 08, 2013, 01:05:58 PM From the prospectus: Quote Transfer of Shares Shares of the underlying asset on BitFunder may be imported or exported into any NEOBEE passthrough managed by TAT Investments, or to the underlying asset on Bitfunder. There is no minimum quantity for transfers, but any transfer order must pay a 1.0 Bitcoin service fee. How to Transfer Shares: Simply push the amount of shares to the issuer account on the source exchange, then send an e-mail to tat.investments@gmail.com noting your account name on the destination exchange you have chosen. Please use the same e-mail address you have registered with the source exchange for verification purposes. After your shares and request have been received, TAT Investments will push your new shares to your account in approximately 24-48 hours. NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. Ok but how is the 1 BTC paid? Does the TAT hold an amount of shares that are currently equal to 1 BTC before the transaction is made or it would provide me with a deposit address? Title: Re: Migration from Havelock to Bitfunder Post by: ThickAsThieves on October 08, 2013, 01:15:23 PM From the prospectus: Quote Transfer of Shares Shares of the underlying asset on BitFunder may be imported or exported into any NEOBEE passthrough managed by TAT Investments, or to the underlying asset on Bitfunder. There is no minimum quantity for transfers, but any transfer order must pay a 1.0 Bitcoin service fee. How to Transfer Shares: Simply push the amount of shares to the issuer account on the source exchange, then send an e-mail to tat.investments@gmail.com noting your account name on the destination exchange you have chosen. Please use the same e-mail address you have registered with the source exchange for verification purposes. After your shares and request have been received, TAT Investments will push your new shares to your account in approximately 24-48 hours. NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. Ok but how is the 1 BTC paid? Does the TAT hold an amount of shares that are currently equal to 1 BTC before the transaction is made or it would provide me with a deposit address? Simply follow the instructions and a payment address will be provided. Title: Re: Migration from Havelock to Bitfunder Post by: wizzardTim on October 08, 2013, 01:19:23 PM From the prospectus: Quote Transfer of Shares Shares of the underlying asset on BitFunder may be imported or exported into any NEOBEE passthrough managed by TAT Investments, or to the underlying asset on Bitfunder. There is no minimum quantity for transfers, but any transfer order must pay a 1.0 Bitcoin service fee. How to Transfer Shares: Simply push the amount of shares to the issuer account on the source exchange, then send an e-mail to tat.investments@gmail.com noting your account name on the destination exchange you have chosen. Please use the same e-mail address you have registered with the source exchange for verification purposes. After your shares and request have been received, TAT Investments will push your new shares to your account in approximately 24-48 hours. NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. Ok but how is the 1 BTC paid? Does the TAT hold an amount of shares that are currently equal to 1 BTC before the transaction is made or it would provide me with a deposit address? Simply follow the instructions and a payment address will be provided. Ok I will do so in the future. Many thanks Title: Re: Migration from Havelock to Bitfunder Post by: twentyseventy on October 08, 2013, 01:45:40 PM Wow, that fee is ridiculous. 1 BTC for a mostly automatic process that takes TAT a few seconds to execute. :D And people wonder why stock exchange regulation exists. It's called friction. TAT makes it less feasible for small time investors to transfer a few shares here and there and still keeps the whales happy. It's good business practice; he'd get overtired of transferring a dozen shares here and there otherwise. |