CampBX - location /yellow flags

[r2414]

Just tried depositing $10 from Dwolla into CampBX, to test the waters. Dwolla lists the deposit as sent and completed. My CampBX account still hasn't shown the money in my balance.

I read their website's FAQ, and nowhere does it state how long a Dwolla deposit would take to get credited.

Please update us on this. And also how long for you to receive it?

[aggieben]

Just tried depositing $10 from Dwolla into CampBX, to test the waters. Dwolla lists the deposit as sent and completed. My CampBX account still hasn't shown the money in my balance.

I read their website's FAQ, and nowhere does it state how long a Dwolla deposit would take to get credited.

As Keyur has already said, the FAQ states that transfers can take up to 6 hours.  I recently deposited $450 from Dwolla and the transfer cleared within the specified timeframe.

[r2414]

Does the money from Dwolla have to be in balance like Bitinstant?

[zedicus]

Thanks for the reply Keyur! We appreciate it alot!!


Best,
Zedicus

[GuiltySpark343]

Thanks Keyur. I can confirm that my $10 has been credited to my CampBX acct. And yes on the Transfer page it states:

"You can click on the link below to go to Dwolla page for CampBX and initiate a deposit. Dwolla deposits and withdrawals are processed every 6 hours. Please do not delete the system-generated comments (Username and Email) from the 'Details' field, otherwise your deposit may be delayed."

This info should also be included in your FAQ, IMHO.

[Keyur @ Camp BX]

Thanks Keyur. I can confirm that my $10 has been credited to my CampBX acct. And yes on the Transfer page it states:

"You can click on the link below to go to Dwolla page for CampBX and initiate a deposit. Dwolla deposits and withdrawals are processed every 6 hours. Please do not delete the system-generated comments (Username and Email) from the 'Details' field, otherwise your deposit may be delayed."

This info should also be included in your FAQ, IMHO.

Hi GS,

We are working on a tighter integration with Dwolla, so transfer delays should be reduce significantly after that. 

Thank you!

[salihno71]

Site looks nice. However 35$ for international wire doesn't look so nice. Hopefully this will go down?

[coindexter]

I do feel that it's my duty to say that funds finally did come through after all that time
they sited post office mess up and return.
never the less I do have my funds now

[WuLabsWuTecH]

at first I was also worried about it not actually being in the US due to things on their FAQ referring to "Her Majesty" and such

Anyways, I have an account with them now and will try them out after 30 days.  I want to sell on their exchange but you can't get money out until after 30 day via Dwolla for some reason according to their website

[slacker]

It does not matter what is the "physical" address of a company. Usually small companies (especially companies providing online services) are using virtual office as registered office.

This "registered office" thing is obsolete.

[weben]

They are legit, my first BTC I ever bought was a money order to them.

[yeti_alchemist]

re: CampBX
I have done a cash transfer in from Dwolla, bought bitcoins, sent bitcoins, and transferred cash out without issue.
Their response time to support requests was a little slow, however I am not surprised given that all of the new exchanges are getting hammered lately.

Always keep in mind that one should use exchanges to exchange. They are not banks.
Do you business and then move your funds.

(It sounds paranoid, I know, that's what I thought when I saw similar messages on this forum. Then Bitfloor closed. Ouch. I'm still waiting...)

[Kennji]

I love CampBX.  I have not been around a while ... but so far CBX is awesome.

[millibtc]

CampBX seems good but their location verification is a huge pain in the ass. Apparently tax documents like a W2 are insufficient...

[kjlimo]

Is CampBX a money service business or are they putting that responsibility on us the users to be registered as money service businesses?

The whole point to use an exchange is to have them take on that responsibility, yes? 

Otherwise, we are just registering our information with a central point of failure that can be easily raided and then we're on a "list?"

[tiberiandusk]

I haven't had any major problems with them. 2 day withdrawals aren't always 2 days but that could be because I was at the bottom of the queue.

[kjlimo]

I haven't had any major problems with them. 2 day withdrawals aren't always 2 days but that could be because I was at the bottom of the queue.

thanks for the reply.  However, my concern is whether or not I'm breaking the FIN CEN rules by using the exchange.

https://bitcointalk.org/index.php?topic=206300.0

Looks like the answer right now is yes, which means I won't be using it until they are registered.

[Kennji]

CBX has always been good to me.

Never once, ever had an issue with them.

[mufa23]

I took Inaba's advice and just want to say that I've sold a few hundred dollars on CampBX, and the dwolla transfers are instant. You don't have to wait ~6 hours for a MtGox transfer. Was usually transferred within a few minutes. Sold coins, and funds were on the way to my bank within a few minutes. And I'm not even a verified CampBX user.

Everything went smoother than MtGox. CampBX seems pretty solid. I hope they're ready for some new customers.

[kjlimo]

I'm not denying that CampBx can be a great option for buying/selling BTC quickly; however, if I want to sell BTC in USA, I believe I either

A) need to be registered as an MSB, or
B) use an exchange registered as an MSB.

So I will be keeping CampBx to only purchasing BTC until they get registered as an MSB which would enable me to use their website for selling BTC.