Bitcoin Forum

Hi Team,

Heres my idea now LIVE... alongside the launch of MTGOX new currency system id like to give MTGOX users the option to deposit funds to World Bitcoin Exchange (wbxAUD) via the MTGOX voucher system.

Heres how it will work

0) MTGOX users will complete a withdraw with in MTGOX using the redeemable voucher feature (requesting the withdraw in AUD)
1) MTGOX users will login/sign up to wbxAUD (its free)
2) Go to our deposit page.
3) Enter the MTGOX Redeemable code (received from MTGOX when you made the withdraw)
4) Enter the Value.
5) Our system checks it.

.....***Your done***....... we would anticipate the funds to be available within 1-2hrs on our exchange. (or instantly everything going well)

So your asking whats the benefits of doing this??? well i will try to explain:

1) Reduced withdraw fees out of MTGOX (currently $10 to withdraw to AUD banks from MTGOX).....would like your comments here.
2) Bitcoin/AUD Arbitrage Opportunities
3) More trading options
4) increased Volume on the exchange.
5) Withdraw to your Australian bank account (free)
6) The opportunity to withdraw AUD from wbxAUD to MTGOX at reduced rates. (technocash charges 3.96% to deposit to MTGOX)

Your comments and criticism are welcome please go easy on me!

Trade Well - Andre
https://worldbitcoinexchange.com

Remember this is only in concept stage....(meaning in my head.... oh and on here too)
 

Very interested. I am thinking of offering a similar service on OTC to fill this niche in the market. The deposit fees at Mt. Gox leave room for some healthy competition.

There is an API for redeemable codes that should help you making this instant, just let me know ( admin@mtgox.com ) if you need any help with this.

Currently, Bitinstant.com provides that service for TradeHill customers.

Go to BitInstant.com, enter your Gox coupon code and INSTANTLY get your TradeHill account funded.
We have a great reputation from all our customers and many in this forum can happily say how much they love our service.
Besides for Gox coupons we accept 3 other methods of INSTANT deposits and adding many more soon.
Our INSTANT withdrawal service is also soon launching

Contact us if you'd like us to set this up for your exchange.

Cheers

-Charlie
The Bitinstant Project

Thanks Magical Tux ill let you know when I'm ready to go.

Well after tones of testing, the deposit feature is now LIVE...... ;D

Start taking advantage of the benefits:

1) Reduced fee to withdraw out of MTGOX
2) Bitcoin/AUD Arbitrage Opportunities
3) More deposit options on the exchange
4) increased Volume on the exchange.
5) Withdraw to your Australian bank account (FREE)

COMING SOON!

1) Withdraws back to MTGOX in AUD
2) Bitcoin instant Deposits and withdraws
(lots of testing here)

Big thanks to...
our technical lead Chris Moore for the code, Magical Tux and the team at MTGOX for the API.

enjoy - Andre
https://worldbitcoinexchange.com

Had a few issues today but now resolved.

WBX down? Getting mysql errors. Hope it's nothing serious?

If I've been following things correctly then this is quite possibly testing/implementation of the withdrawal system.

I can't remember who was talking about this on IRC earlier.

Hi all,

We are working on this issue now, we will release our findings within the next 24-48 hours we apologise for the inconvenience.

Andre