MtGox OKPay Withdrawal Delay

[mindphlux]

Hello,

Anyone else experiencing a delay when trying to withdraw to OkPay? My request has been stuck at "todo" for over 72 hours. Support is no longer responding and will not give an ETA. What can I do?

Best Regards
mindphlux

[arsenische]

So did you receive the payment? How long did it take? Seems I have a similar issue (though not 72 hours yet).

[ruggedman_dan]

What are the fees on okpay withdrawal on mtgox?

[arsenische]

What are the fees on okpay withdrawal on mtgox?

Frankly speaking I am not quite sure how fees are calculated, but when you withdraw $1000 from mtgox, you get ~$987 on your OKPay account.

Btw, my withdrawal got executed. Probably it was delayed due to weekend.

[ruggedman_dan]

What are the fees on okpay withdrawal on mtgox?

Frankly speaking I am not quite sure how fees are calculated, but when you withdraw $1000 from mtgox, you get ~$987 on your OKPay account.

Btw, my withdrawal got executed. Probably it was delayed due to weekend.

I checked on gox and it said withdraw fees were 1%. I can live with that.

In your experiences, how long does a normal USD withdrawal usually take from MtGox to OKPAY?

[arsenische]

In your experiences, how long does a normal USD withdrawal usually take from MtGox to OKPAY?

Usually it takes just few minutes unless you send it at friday night (or was it coincidence?). Want to make arbitraging with btc-e, lol?

Btw, they have an affiliate program, here is my referral link: https://www.okpay.com/?rbp=arsenische

[ruggedman_dan]

In your experiences, how long does a normal USD withdrawal usually take from MtGox to OKPAY?

Usually it takes just few minutes unless you send it at friday night (or was it coincidence?). Want to make arbitraging with btc-e, lol?

Btw, they have an affiliate program, here is my referral link: https://www.okpay.com/?rbp=arsenische

Haha yes. Thanks for the info. I signed up a few days ago.

[arsenische]

In your experiences, how long does a normal USD withdrawal usually take from MtGox to OKPAY?

Usually it takes just few minutes unless you send it at friday night (or was it coincidence?). Want to make arbitraging with btc-e, lol?

Btw, they have an affiliate program, here is my referral link: https://www.okpay.com/?rbp=arsenische

Hm... looks like it doesn't take minutes anymore... I don't know how to estimate withdrawal time.

[DaRude]

My withdraw has been sitting with Status: todo for over 30hrs now and its Tuesday  heard they ran out of funds and topping up which should take by Friday??? hope that's not the case cause a week to withdraw is unacceptable

[arsenische]

My withdraw has been sitting with Status: todo for over 30hrs now and its Tuesday  heard they ran out of funds and topping up which should take by Friday??? hope that's not the case cause a week to withdraw is unacceptable

Same here. Who ran out of funds: OKPay or MtGox? Where did you hear that? But both of them earn from money moving back and forth, probably it is their interest to speed up this process.

[arsenische]

Ok, received couple withdrawals from MtGox to OKPay. It seems like they process all the withdrawals simultaneously. And at the same time bitcoin price dropped. Are these events related to each other? Maybe that's the reason of recent sudden bitcoin price drop (since it enables arbitraging for profit and gives incentive to sell btc at mtgox)?

[arsenische]

Surprisingly withdrawals from MtGox work. It took less than an hour to withdraw from MtGox to OKPay.

[anarchomedia]

I'm having the reverse problem at the moment; my deposit into Mt-Gox from Okpay seems to be stalled.  Okpay sent it but it is not showing up in my Mt-Gox account yet.  It has been a few hours and usually it is much faster.  I suppose it is due to the problems Mt-Gox is having at the moment.  I should be patient but I want get in an scoop up some coins while they are fairly low.

[arsenische]

You can buy your coins at btc-e, they are cheaper there. Deposits from okpay to btc-e are instant.

[iambaboon]

2 days already, withdrawal is in 'todo' state

[lisnic]

Sorry for the delay.Unfortunately, we do not have an ETA for the OKPay withdrawals at the moment. We apologize for any inconvenience caused. We will continue to check the status of these transferes and notify you as soon as they are processed.

Thanks,

MtGox.com Team

April 23, 2013 13:15

[arsenische]

Sorry for the delay.Unfortunately, we do not have an ETA for the OKPay withdrawals at the moment. We apologize for any inconvenience caused. We will continue to check the status of these transferes and notify you as soon as they are processed.

Thanks,

MtGox.com Team

April 23, 2013 13:15

Oh, wow.. How large was a withdrawal (if not a secret)? Or maybe the size doesn't matter, but amount of withdrawals does (and they don't have enough staff to handle it)?

[bittencoin]

My experience with the withdrawal difficulty has solidify my belief that mtgox intentionally delay and prevent people from withdrawing funds.

Within the last 8 days, I have experienced all 6 failed withdrawal attempts with any moderate amount of money, ranging from $400 to $950.  They first delay by putting the requests on a todo list overnight even though the withdrawal requests were put in before or at the start of their working day in Japan.  After holding the funds overnight, the requests would go into an error status.  They, of course, don't notify the clients, you have to manually check the request.  You will need to open a support ticket to get them to re-initiate the withdrawal and wait for another day. 

Withdrawal requests ranging from $2-$20 are processed within a couple of hours and none of those requests resulted in errors. 

[aaaxn]

My experience with the withdrawal difficulty has solidify my belief that mtgox intentionally delay and prevent people from withdrawing funds.

Within the last 8 days, I have experienced all 6 failed withdrawal attempts with any moderate amount of money, ranging from $400 to $950.  They first delay by putting the requests on a todo list overnight even though the withdrawal requests were put in before or at the start of their working day in Japan.  After holding the funds overnight, the requests would go into an error status.  They, of course, don't notify the clients, you have to manually check the request.  You will need to open a support ticket to get them to re-initiate the withdrawal and wait for another day. 

Withdrawal requests ranging from $2-$20 are processed within a couple of hours and none of those requests resulted in errors. 

I have exactly same experience with okpay withdrawal. I am convinced this withdraw process was specifically created to discourage withdrawals. They are working hard to loose credibility.

[arsenische]

Withdrawal requests ranging from $2-$20 are processed within a couple of hours and none of those requests resulted in errors. 

I have exactly same experience with okpay withdrawal. I am convinced this withdraw process was specifically created to discourage withdrawals. They are working hard to loose credibility.

I never experienced any errors with withdrawals, I only experienced delays. What kind of error does it show? Do you have a verified account at MtGox?