Bitcoin Forum

Other => Beginners & Help => Topic started by: 2501 on August 04, 2012, 11:43:59 PM



Title: Mtgox Bitcoin - Dollar - Bitcoin
Post by: 2501 on August 04, 2012, 11:43:59 PM
I am wonder how does the Mtgox works.

If I deposit in Bitcoins, and sell in dollars on the trade. If I want to withdraw, can I withdraw the dollars I bought in bitcoins?
Do I get charge for this?

Regards

2501


Title: Re: Mtgox Bitcoin - Dollar - Bitcoin
Post by: molecular on August 05, 2012, 01:00:27 AM
I am wonder how does the Mtgox works.

If I deposit in Bitcoins, and sell in dollars on the trade. If I want to withdraw, can I withdraw the dollars I bought in bitcoins?
Do I get charge for this?

Regards

2501

no, you have to trade back to bitcoins to withdraw bitcoins. you get charged 0.65% for both trades.


Title: Re: Mtgox Bitcoin - Dollar - Bitcoin
Post by: 2501 on August 05, 2012, 01:02:28 AM
So do I have to buy dollars with my bitcoins and then buy bitcoins again?


Title: Re: Mtgox Bitcoin - Dollar - Bitcoin
Post by: Winterfrost on August 05, 2012, 01:30:09 AM
So do I have to buy dollars with my bitcoins and then buy bitcoins again?

You don't have to sell bitcoins in order to withdraw them. You can just withdraw them...

If you have already sold your bitcoins for dollars, you will have to buy more bitcoins in order to withdraw them as such.