Btc-e withdraw? Never done it before, anyone help me out really quick?

[itzzzAlice]

So just got a little over 50$ after day trading and I'd like to withdraw the USD now. I decided to choose LR, but I guess I could use another option.

I just want to get it to my bank account/paypal with the least amount of trouble and fees.

It says "Purse" for withdraw box, what exactly do I put here if I'm doing liberty reserve?




Thanks in advance!

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[LiteBurner]

I would buy btc at btc-e and transfer the btc to bitstamp.net where the price is higher and sell them there, then you do a bank transfer.

That is how you'll get the most dollars out with the lowest fees, imho.

[itzzzAlice]

I would buy btc at btc-e and transfer the btc to bitstamp.net where the price is higher and sell them there, then you do a bank transfer.

That is how you'll get the most dollars out with the lowest fees, imho.

Well...I live in USA and bitstamp says this:


"International withdrawals will be charged with 0.09% fee, minimum fee is $15.00. Minimum amount for international withdrawal is $50.00. You have $0.00 available. You always have to insert U.S. dollar amount you wish to withdraw. This amount will be converted to the selected currency, free of charge."

So if I put in about 56$ worth of btc, I'd lose quite a bit to fees...right? Or am I allowed to choose the EU bank option instead? (I mean lol, my bank is an American bank soooooo)

[LiteBurner]

I would buy btc at btc-e and transfer the btc to bitstamp.net where the price is higher and sell them there, then you do a bank transfer.

That is how you'll get the most dollars out with the lowest fees, imho.

Well...I live in USA and bitstamp says this:


"International withdrawals will be charged with 0.09% fee, minimum fee is $15.00. Minimum amount for international withdrawal is $50.00. You have $0.00 available. You always have to insert U.S. dollar amount you wish to withdraw. This amount will be converted to the selected currency, free of charge."

So if I put in about 56$ worth of btc, I'd lose quite a bit to fees...right? Or am I allowed to choose the EU bank option instead? (I mean lol, my bank is an American bank soooooo)

ouch, sorry, I live in the EU--I didn't know there was the high minimum fee for US bank withdrawals.  For that small amount, maybe you can find someone local who wants to buy btc for cash?  A lot of people are interested now.

[k2397]

Probably best to sell on localbitcoins.com - have only bought on it myself but the system seems to work well.

[bzh]

Have you looked at coin base?

[best_btc]

this needs further clearification for me.

[RustyShackleford1950]

You're better off converting into BTC, then withdrawing BTC from BTC-e, and using a different service to convert again into USD.

[tempestb]

I move BTC to MTGox, sell for USD, then move to Dwolla and withdraw.

However, if you don't have accounts on MTGox and Dwolla it will take you some time to get verified.

[OdinHephaestus]

OR, I know you might not like it, but BitInstant is always in options.

[18RATTT]

any other inputs regarding OP query??

also i need some workaround to "sent" my money from paypal/us bank account to BTC-E.com ??
other than trading locally.

thank you.

[venterdragosm]

how long does it take to withdraw ?