Best way to move fiat? I hate Dwolla.

[Melbustus]

I hate Dwolla. Their transfers are slow. Their support sucks. Their website is buggy. And they're asking for a truly irritating level of personal information and scanned documents all of a sudden, despite the fact that I've been using them for over a year without changing any of my financial info... Not that I have anything to hide - it's just annoying and offensive.

Better way to move fiat from a US bank account to an exchange??

[Raize]

The answer is Dwolla.

If you are using Bitcoin for legitimate purposes, Dwolla is still your cheapest option, even with all the delays. If money is no object, I would recommend BitInstant or any of the other providers.

[Stephen Gornick]

Better way to move fiat from a US bank account to an exchange??

BitFloor was a nice alternative, ... they're gone [Upate: they're back].

Camp BX will accept a personal check, but if you thought Dwolla was slow, mailing a check will definitely take longer.

But for $500 or larger, you can use Bitcoins Direct and deposit cash at a bank (any B of A, PNC Bank, or Wells Fargo branch).  You can also use funds from OKPay which you can transfer from your bank but if you didn't like Dwolla's AML/KYC I doubt OKPay's will be any different.


Here's a pretty comprehensive list of options:

 - http://en.bitcoin.it/wiki/Buying_bitcoins

[teamhugs]

dwolla started to see a flood of suspected drug cartel mules and operants using their service for money transfers. It's likely US law enforcement came knocking a few times and helped educated dwolla on AML/KYC, especially after they got their venture funding. I imagine some venture fund lawyer freaked out and started demanding these rules as well to help protect their investment.