i've never done a cash deposit before so i just want to make sure im doing it right, so this is what i'm going to do and please post if i am doing it wrong
1. request deposit on site for $140.24 (24 cents because my account number ends in 24)
2. go to bank and make cash deposit in virtex account for $140.24 (and keep deposit slip)
3. come home and wait for the cash to show up on my account page (or verify it with deposit slip if required)
4. buy bitcoins with money on virtex site
5. transfer bitcoins to personal wallet
It's probably best not to get into too much detail about your own particular transaction,
but that sounds about right.
Make sure you read Virtex's faq and transfer method pages and the recent news items
about any possible changes not updated in the other documents.
If you already have a Canadian bank account you could look into whether it is possible
to do an online bill payment from them to Virtex. It is probably already set up if other
users use the same bank or credit union... if not all it may take is an email to Virtex.
In any case be prepared for a two-business-day wait to move CAD to Virtex.
thanks, going to make the deposit today so hopefully it all goes well
In any case be prepared for a two-business-day wait to move CAD to Virtex.
The one time I did it I just called their phone number told them I was depositing, went to bank made deposit came back home called again to confirm it was received by them which it was they then credited my account, whole process under an hour.
it does say on their site that in-person cash deposits will take 4-8 hours to process, so I hope its quick for me (been itching to make a purchase for about 3-4 days now)
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They have a FAQ up that explains the process (I was kinda confused at first). I had a heck of a time finding a place that would accept credit card or Paypal so it was finally nice to find a place that would do it.
