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Title: Best way to withdraw MtGox to German bank account? Post by: bcdd on January 29, 2012, 10:18:52 AM I was trading at MtGox around August last year, and back then could easily withdraw BTC via a SEPA transaction to a German bank account, and there was also a polish website around that allowed trading BTC for PayPal (bad idea, I know).
Now things aren't so easy anymore - MtGox's international wire costs a lot (test-transferred 150 USD, got 91.94 EUR in the bank). AurumXChange tells me at the moment that MtGox codes cannot be processed, so no quote there. Any ideas for a good way to transfer MtGox USD (or BTC, for that matter) to a German bank account without paying ridiculous processing fees? Thanks & regards, bcdd Title: Re: Best way to withdraw MtGox to German bank account? Post by: Stephen Gornick on January 29, 2012, 12:28:13 PM Any ideas for a good way to transfer MtGox USD (or BTC, for that matter) to a German bank account without paying ridiculous processing fees? Services listed in the Bitcoin wiki as offering SEPA transfers: - http://intersango.com ( http://en.bitcoin.it/wiki/Intersango ) - http://www.bitcoin.de (http://en.bitcoin.it/wiki/Bitcoin.de ) - http://www.bitstamp.net ( http://en.bitcoin.it/wiki/BitStamp ) - http://bitcoin-central.net/order_book ( http://en.bitcoin.it/wiki/Bitcoin-Central ) - http://en.bitcoin.it/wiki/Selling_bitcoins And for smaller amounts to PayPal you might try: - http://www.spendbitcoins.com Title: Re: Best way to withdraw MtGox to German bank account? Post by: bcdd on January 29, 2012, 01:01:17 PM Any ideas for a good way to transfer MtGox USD (or BTC, for that matter) to a German bank account without paying ridiculous processing fees? Services listed in the Bitcoin wiki as offering SEPA transfers: - http://intersango.com ( http://en.bitcoin.it/wiki/Intersango ) - http://www.bitcoin.de (http://en.bitcoin.it/wiki/Bitcoin.de ) - http://www.bitstamp.net ( http://en.bitcoin.it/wiki/BitStamp ) - http://bitcoin-central.net/order_book ( http://en.bitcoin.it/wiki/Bitcoin-Central ) - http://en.bitcoin.it/wiki/Selling_bitcoins And for smaller amounts to PayPal you might try: - http://www.spendbitcoins.com Thank you for this list. The first four links provide ways to Exchange BTC to EUR, but sadly, lack the liquidity of MtGox by a long way. The last link seems more promising, though I'd have preferred to transfer USD out of MtGox instead of BTC. Title: Re: Best way to withdraw MtGox to German bank account? Post by: Stephen Gornick on January 29, 2012, 01:21:40 PM but sadly, lack the liquidity of MtGox by a long way. That's sometimes something that can work in your favor. You are selling. More often than not, the buyers are overpaying due to the lack of liquidity -- and the sellers are profiting. Especially on BitStamp. Unless you need to clear and then withdraw a bunch right away, try putting a sell order out there and then see what happens. Title: Re: Best way to withdraw MtGox to German bank account? Post by: bcdd on January 29, 2012, 01:23:11 PM but sadly, lack the liquidity of MtGox by a long way. That's sometimes something that can work in your favor. You are selling. More often than not, the buyers are overpaying due to the lack of liquidity -- and the sellers are profiting. Especially on BitStamp. Unless you need to clear and then withdraw a bunch right away, try putting a sell order out the and see what happens. Good point - I'll give it a try. Thanks! Title: Re: Best way to withdraw MtGox to German bank account? Post by: buckhead_bitcoin on January 29, 2012, 11:37:32 PM I can personally assist you in this matter, I have a verified gox account and can have the money wired to you from my account.
I can also send you any sort of verification documentation. Title: Re: Best way to withdraw MtGox to German bank account? Post by: xepera on February 06, 2012, 08:56:24 PM Okay guys - now I want to ask the other way round. What's the fastest way getting EUR to my mtgox account but as USD? Paxum is nice but 5% fee is way too much, or did I misunderstood something?
tia Title: Re: Best way to withdraw MtGox to German bank account? Post by: mania on February 06, 2012, 09:55:30 PM Okay guys - now I want to ask the other way round. What's the fastest way getting EUR to my mtgox account but as USD? Paxum is nice but 5% fee is way too much, or did I misunderstood something? tia you want get EUR on MtGox? i think https://mtgox.com/settings Main currency: EURo When receiving funds in a currency other than my main currency: convert to my main currency test with a low amount |