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Title: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on December 13, 2011, 08:23:15 PM Good Afternoon!
We are proud to announce the launching of Instant Withdrawal from MtGox.com to Paypal. In addition, instantly transfer Liberty Reserve, Dwolla, and Paxum to Paypal! Visit, www.BitInstant.com (http://www.BitInstant.com) Our fee of 3.49% to 4.29% Includes Paypal's fees. The amount you see in your quote is the amount that will be in your Paypal account EDIT: Just lowered the LR rate from 4.49% to 4.29% https://www.bitinstant.com/static/images/howitworks.png To do a withdrawal from MtGox.com 1- Go to 'Withdraw Funds' 2- Create MtGox Voucher Code 3- Go to Bitinstant.com and type your information and get a quote 4- Follow the steps and your good to go! Fees range between 4.49% - 4.99% of your total amount. In additional, our API is super quick and free to us as well as the GoxSH fork available for download. More info here: https://www.bitinstant.com/api Thank you for your continued support and patronage. Gareth, Charlie, Roger and the Team @ Bitinstant.com T: 1.716.712.4846 | F: 1.347.223.5251 | Support@Bitinstant.com IRC: irc.bitinstant.com #bitinstant Come visit us for a coffee or beer! Brooklyn, New York North Wales, United Kingdom Tokyo, Japan -------------------------------------------------------------- Our Current Services and Rates Payment method Destination Min fee Max fee MTGox Coupon TradeHill 0.8900% 1.2900% MTGox Coupon PayPal 3.4900% 3.9900% Liberty Reserve TradeHill 2.1900% 2.3900% Liberty Reserve PayPal 4.2900% 4.9900% Liberty Reserve MTGox 2.1900% 2.3900% Paxum TradeHill 1.9900% 2.0900% Paxum PayPal 3.4900% 3.9900% Paxum MTGox 1.9900% 2.0900% Dwolla TradeHill 1.9900% 2.0900% Dwolla PayPal 3.4900% 3.9900% Dwolla MTGox 1.9900% 2.0900% Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: teflone on December 14, 2011, 01:34:15 AM Well, Hello!
This should help a lot. :) Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on December 14, 2011, 04:43:26 AM Well, Hello! This should help a lot. :) Thanks :D Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on December 14, 2011, 02:57:10 PM Bump, we lowered fees
Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: btc_artist on December 14, 2011, 07:35:44 PM I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve. :)
Nice features though. Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on December 14, 2011, 07:38:03 PM I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve. :) Nice features though. Dwolla, LR and MtGox code should be live within a week or two! Paypal to anything is gonna take a little longer Thanks! Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Aggro on December 15, 2011, 01:39:01 PM I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve. :) Nice features though. Hello! You can exchange MtGox to LR through our service: https://www.aurumxchange.com Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: dancupid on December 15, 2011, 02:07:18 PM Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves?
Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'. Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant). Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users. Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on December 15, 2011, 03:51:13 PM Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves? Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'. Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant). Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it. Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users. Thats the game plan! Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on December 15, 2011, 04:13:02 PM I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve. :) Nice features though. Hello! You can exchange MtGox to LR through our service: https://www.aurumxchange.com WOW! 6% for MtGox--> LR ? @btc_artist we could do this manually until we have it automated for almost half that. Shoot me a PM Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: dancupid on December 15, 2011, 04:59:09 PM Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves? Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'. Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant). Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it. Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users. Thats the game plan! PayPal (and eBay) allow the buyer to choose any delivery address (I often buy things for my mother on eBay) - presumably if you had a way of entering a delivery address on your site then most sellers wouldn't even care or notice the mechanism of payment delivery and would just delver to the address provided (though it would be an unverified address ). Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on December 15, 2011, 05:18:01 PM Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves? Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'. Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant). Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it. Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users. Thats the game plan! PayPal (and eBay) allow the buyer to choose any delivery address (I often buy things for my mother on eBay) - presumably if you had a way of entering a delivery address on your site then most sellers wouldn't even care or notice the mechanism of payment delivery and would just delver to the address provided (though it would be an unverified address ). Hey, I think were talking about 2 different things here. Right now, you have the ability to send Paypal USD to yourself or anyone you choose. We don't pass along any delivery information. Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: btc_artist on December 15, 2011, 06:39:22 PM I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve. :) Nice features though. Hello! You can exchange MtGox to LR through our service: https://www.aurumxchange.com WOW! 6% for MtGox--> LR ? @btc_artist we could do this manually until we have it automated for almost half that. Shoot me a PM Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: 556j on December 15, 2011, 10:42:09 PM I've used this service (MTGox code > paypal) a few times now and "instant" is right. Literally seconds from entering the code to hitting my paypal account. This service is so helpful to me, thank you. The fees are really reasonable as well.
Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: kujoking7 on January 11, 2012, 12:16:56 AM Sorry but I don't see the option of payment as paypal available.
Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on January 11, 2012, 02:09:13 AM Sorry but I don't see the option of payment as paypal available. Were having some account issues, so Paypal is temporarily disabled. We will let you know when all clear Thanka! Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: kujoking7 on January 11, 2012, 03:18:08 AM Okay thank you, the alert is much appreciated.
Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Aggro on January 11, 2012, 02:31:50 PM Sorry but I don't see the option of payment as paypal available. Were having some account issues, so Paypal is temporarily disabled. We will let you know when all clear Thanka! Yo Charlie :) are you still on IM? need to discuss some business Thanks! Roberto Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on January 11, 2012, 03:47:22 PM Sorry but I don't see the option of payment as paypal available. Were having some account issues, so Paypal is temporarily disabled. We will let you know when all clear Thanka! Yo Charlie :) are you still on IM? need to discuss some business Thanks! Roberto Hey Roberto, Yes, Im always on skype- Im heading to bed soon as Im in Hong Kong at the moment. My skype is cshrem90 Charlie Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: CyberPhunk on January 18, 2012, 04:05:33 PM Hmm, Paypal still not available yet?
Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on January 18, 2012, 04:37:13 PM Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: BillGalaxy on January 18, 2012, 05:03:56 PM please dont charge any fee for LR to mtgox deposit. or charge 1% max $2.99 fee.
could you do that? Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: CyberPhunk on January 18, 2012, 05:14:51 PM Any ETA on when it might be back? Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on January 18, 2012, 05:16:31 PM please dont charge any fee for LR to mtgox deposit. or charge 1% max $2.99 fee. could you do that? Once we start offering LR withdrawals, we will make LR deposits free Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: BillGalaxy on January 18, 2012, 07:49:05 PM may i know when that will happen?
Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: Yankee (BitInstant) on January 18, 2012, 08:31:09 PM may i know when that will happen? I'd say within a week or so. Unless this is a trade secret, would you mind explaining how you worked around paypal's general reluctance to deal with BTC ? Trade Secret and my 10+ year long relationship with them (Which is holding less and less footing as the days go by) Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: portron on January 18, 2012, 08:31:51 PM I had a reply from support on 12/28 that it should be back within 48 hours... using paypal was the main attraction (for me atleast) to use bitinstant...
Given that its now been 20 days or so, I'd assume that maybe they didn't skirt the paypal -> btc problem everybody else has... EDIT: I wish you the best though in getting it back working! Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: StewartJ on January 22, 2012, 06:19:11 PM Off Topic:
I find it fascinating and very telling that, Paypal, one of the most popular (but not well loved) online transactions services continues to hassle and equivocate with any person or service that wants to exchange bitcoins. Is this because the problem with scammers and charge-backs are that bad ? Or is Paypal just being a corporate bully? Title: Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla Post by: teflone on January 22, 2012, 10:50:09 PM Off Topic: I find it fascinating and very telling that, Paypal, one of the most popular (but not well loved) online transactions services continues to hassle and equivocate with any person or service that wants to exchange bitcoins. Is this because the problem with scammers and charge-backs are that bad ? Or is Paypal just being a corporate bully? Paypal is a horrible entity, and virtual currencies are banned under their TOS. And yes, they are Bullies... But sometimes.. . they are a necessary evil. |
