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Transfering funds from Mt. Gox to Paypal
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Topic: Transfering funds from Mt. Gox to Paypal (Read 1084 times)
JoeBlack123
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Transfering funds from Mt. Gox to Paypal
November 11, 2012, 05:40:26 AM
#1
I know FastCash4Bitcoins and Bitinstant offer this service. They also state it is for US residents only. How to transfer funds if you are not US resident? Thanks
Stephen Gornick
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Re: Transfering funds from Mt. Gox to Paypal
November 11, 2012, 06:32:06 AM
#2
Quote from: JoeBlack123 on November 11, 2012, 05:40:26 AM
I know FastCash4Bitcoins and Bitinstant offer this service. They also state it is for US residents only. How to transfer funds if you are not US resident? Thanks
There are many people on #Bitcoin-otc that would like to buy your bitcoins (or MTGUSD) and pay using PayPal. The problem is that PayPal is easily reversed so you expose yourself to chargeback risk.
The #bitcoin-otc marketplace has a Web of Trust (WoT) that helps to less the risk of being defrauded through having the ability to view the buyer's trust history.
IRC:
-
http://webchat.freenode.net/?channels=#bitcoin-otc-foyer
Web of Trust (WoT):
-
http://bitcoin-otc.com/viewratings.php
#Bitcoin-OTC marketplace website:
-
http://bitcoin-otc.com/
Uni
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Your trusted partner in e-currency exchange
Bitcoin, Perfect Money, FasaPay, CUP, Alipay, PayPal
JoeBlack123
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Re: Transfering funds from Mt. Gox to Paypal
November 11, 2012, 07:42:55 AM
#3
Thanks for a quick answer. I have already sold bitcoins so my funds are in USD. Of course i could use the funds to buy bitcoins again . I also checked #bitcoin-otc marketplace and decent number of buyers got solid ratings so it could be a viable option in the future. However i would also like to know if there is any alternative to Bitinstant for international users.
Did anyone here that is not US resident used Bitinstant or Fastcash4bitcoins sucessfully? Thanks
BitcoinCoffee.com
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Re: Transfering funds from Mt. Gox to Paypal
November 11, 2012, 07:45:30 AM
#4
For me, bitcoin-otc is the ONLY solution.
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Gourmet Coffee for Bitcoin | BitcoinCoffee.com
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Stephen Gornick
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Re: Transfering funds from Mt. Gox to Paypal
November 11, 2012, 08:24:22 AM
#5
Quote from: JoeBlack123 on November 11, 2012, 07:42:55 AM
Thanks for a quick answer. I have already sold bitcoins so my funds are in USD. Of course i could use the funds to buy bitcoins again .
Mt. Gox USD redeemable codes are bought and sold on #bitcoin-otc, so you can convert those USDs to PPUSD through -otc.
Also, depending on where you are there are other options.
You can cash out to PayPal through:
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http://www.VirWoX.com
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http://www.BitcoinNordic.com
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http://www.BTC-E.com
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https://coin2pal.info
<-- New exchange, with no feedback yet that I've seen
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cabin
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Re: Transfering funds from Mt. Gox to Paypal
November 11, 2012, 03:54:04 PM
#6
I've used FastCash4Bitcoins before and there was no PayPal fee on my end, it worked well. With BTC-e there was an additional 3.9% foreign transaction fee since they are based in Russia.
zxyzxy
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Re: Transfering funds from Mt. Gox to Paypal
November 11, 2012, 07:37:15 PM
#7
i read on bitcoin wiki that Mt. Gox is only for USD, but the site states buy/sell in euro, does this work?
Stephen Gornick
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Re: Transfering funds from Mt. Gox to Paypal
November 11, 2012, 09:44:40 PM
#8
Quote from: zxyzxy on November 11, 2012, 07:37:15 PM
i read on bitcoin wiki that Mt. Gox is only for USD,
Can you provide the URL or other context where that exists? I don't know, offhand, where that would say that.
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Your trusted partner in e-currency exchange
Bitcoin, Perfect Money, FasaPay, CUP, Alipay, PayPal
JoeBlack123
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Re: Transfering funds from Mt. Gox to Paypal
November 12, 2012, 03:35:19 AM
#9
Any international users here who successfully used bitinstant for papal transfer?
arlekyn13
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Re: Transfering funds from Mt. Gox to Paypal
November 12, 2012, 06:22:38 AM
#10
I was planning on doing MtGox to PayPal through Bitinstant, still waiting for a small increase of
BTC
USD price
However, I contacted Bitinstant support to make sure this option is available for non-US customers and the answer was: yes, it is available for non-US customers.
1CmrswU7JYpi9WNC8EHWCV3aam1FJsW2Zu - to show appreciation for my work
JoeBlack123
(OP)
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Re: Transfering funds from Mt. Gox to Paypal
November 12, 2012, 06:31:59 AM
#11
Thanks for reply. Good to hear these options are available to all.
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