Bitcoin Forum

Economy => Trading Discussion => Topic started by: luv2drnkbr on June 10, 2011, 08:56:44 PM



Title: Moneybookers to BTC and back?
Post by: luv2drnkbr on June 10, 2011, 08:56:44 PM
Is there an automated way (or exchange that's trust-worthy) to turn Moneybookers into BTC and BTC into Moneybookers?  Right now it looks like my best option is MB>>VirWox>>SLL>>BTC, but that's both a hassle, requires me to open a Second Life account, and costs a lot in trading fees/hits.  I'd like to be able to be able to convert automatically between MB and BTC with less than a 5% value loss, like I can with USD and BTC via Dwolla and MtGox/TradeHill.  I don't mind if it takes time, time I have.  I just want to be able to auto-buy or auto-sell, or at least set a limit order to be filled, and then leave it and cash out the funds later after the order has been filled.  I don't want to have to continually find people on forums or OTC to trade with when I want to exchange between the two.  I'd like the process to be as automated as possible.  Anybody have any good ideas, or is VirWox and SLL the only way to go for me?

Yes, this is for online poker...


Title: Re: Moneybookers to BTC and back?
Post by: Kansattica on August 21, 2011, 04:08:04 AM
bitmarket.eu (http://bitmarket.eu) takes Moneybookers, but they need a reason to trust you first.


Title: Re: Moneybookers to BTC and back?
Post by: miernik on August 21, 2011, 07:24:58 AM
Is there an automated way (or exchange that's trust-worthy) to turn Moneybookers into BTC and BTC into Moneybookers?  Right now it looks like my best option is MB>>VirWox>>SLL>>BTC, but that's both a hassle, requires me to open a Second Life account, and costs a lot in trading fees/hits.  I'd like to be able to be able to convert automatically between MB and BTC with less than a 5% value loss, like I can with USD and BTC via Dwolla and MtGox/TradeHill.  I don't mind if it takes time, time I have. 

If you don't care how much time it takes, then just withdraw from Moneybookers to your bank account, and exchange with bank transfer. Problem solved.



Title: Re: Moneybookers to BTC and back?
Post by: joeyjoe on August 21, 2011, 11:09:17 AM
I tried to get verified with bitmarket.eu using the ebay method, they told me to send them a message from my account, but their account was no longer active. And still a week later no one has done anything about it.

I was planning on making a sevice to exchange coins for moneybookers but havn't got around to it yet as i have other projects on the go at the moment.


Title: Re: Moneybookers to BTC and back?
Post by: Jack of Diamonds on August 22, 2011, 01:19:59 AM
I tried to get verified with bitmarket.eu using the ebay method, they told me to send them a message from my account, but their account was no longer active. And still a week later no one has done anything about it.

I was planning on making a sevice to exchange coins for moneybookers but havn't got around to it yet as i have other projects on the go at the moment.
Would be interesting if you got around to creating one eventually.

I find MB to be the best mainstream payment processor.
They offer many deposit/withdraw methods as well as a very cheap debit MasterCard, instantly funded by your MB account balance & usable at ATM's or stores.

Chargebacks are also much harder than with PP.

Low fees, too.


Title: Re: Moneybookers to BTC and back?
Post by: DareC on August 22, 2011, 02:57:10 AM
The fees are kind of high, but virwox (https://www.virwox.com?r=8c1e) is great if you have paypal or moneybookers and want BTC (or vice versa).  Deposit fiat currency, buy SLL, then use them to buy BTC. I'm pretty sure you can fake a Second Life name during signup.