Bitcoin Forum
May 25, 2018, 01:14:59 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Money in your wallet after the exchange?  (Read 563 times)
Elwar
Legendary
*
Offline Offline

Activity: 2478
Merit: 1143


www.varyon.io


View Profile WWW
June 26, 2011, 11:37:19 PM
 #1

I have a quick question about the exchanges.

When you exchange your USD at an exchange such as mtGox do you get bitcoins into your wallet or do they hold it in some sort of mtGox wallet while keeping track of your account?

                     ▄▓▓▓▓    ▄▓█▓▄
                  ▄▓██████    ██████▓▄
                ▐████████▓    ▓████████▌
            ▄▓▓▄ ▀██▓▀▀▀         ▀▀▓██▓ ▄▓▓▄
         ▄▓█████▌ ▄▄▓▓██▓▌     ▓██▓▓▄▄ ▐█████▓▄
       ▓███████▀▄▓███████▌    ▐███████▓▄▀▓██████▓
       ▓█████▓ ▓█████████▌     █████████▓ ▓█████▓
               ▀▓████████      █████████▓
     ▄▄             ▀▀▀▀▀       ▀▀▀▀             ▄▄
    ▓████▓▓                                  ▄▓█████
    ▐██████ ▄▓█▓▓▄▄                   ▄▄▓▓▓▓ ██████▌
     ▓█████ ████████▓▓            ▄▓████████ █████▓
      ▓███▓ █████████▓            ▓█████████ ▓████
            ▀███████▀               ▓██████▀
        ▓███▓ ▓███▓      ▄▓██▓▄      ▓███▓ ▓███▓
        ▓█████▄        ▄▓██████▓▄        ▄▓████▓
         ██████▓      ▓██████████▓      ▐██████
         ▐████▓       ▀▓████████▓▀       ▓████▌
           ▀▀▀    ▄▓██▓▓▄▄ ▀▀ ▄▄▓▓███▓     ▀▀▀
                 ▓█████████  ██████████▄
                 ▓▓██████▓▓  ▀▓██████▓▓
██
██
██
██
██
██
██
██
██
██
██
██
██
██
.......Social Media.......
██▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌
██
██
██
██
██
██
██
██
1527254099
Hero Member
*
Offline Offline

Posts: 1527254099

View Profile Personal Message (Offline)

Ignore
1527254099
Reply with quote  #2

1527254099
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527254099
Hero Member
*
Offline Offline

Posts: 1527254099

View Profile Personal Message (Offline)

Ignore
1527254099
Reply with quote  #2

1527254099
Report to moderator
1527254099
Hero Member
*
Offline Offline

Posts: 1527254099

View Profile Personal Message (Offline)

Ignore
1527254099
Reply with quote  #2

1527254099
Report to moderator
Maged
Legendary
*
Offline Offline

Activity: 1260
Merit: 1004


View Profile
June 26, 2011, 11:41:56 PM
 #2

They keep track of it, but you can withdraw it at any time.

Elwar
Legendary
*
Offline Offline

Activity: 2478
Merit: 1143


www.varyon.io


View Profile WWW
June 26, 2011, 11:51:43 PM
 #3

What is the process for withdrawing it from mtGox?

Is there a fee?

                     ▄▓▓▓▓    ▄▓█▓▄
                  ▄▓██████    ██████▓▄
                ▐████████▓    ▓████████▌
            ▄▓▓▄ ▀██▓▀▀▀         ▀▀▓██▓ ▄▓▓▄
         ▄▓█████▌ ▄▄▓▓██▓▌     ▓██▓▓▄▄ ▐█████▓▄
       ▓███████▀▄▓███████▌    ▐███████▓▄▀▓██████▓
       ▓█████▓ ▓█████████▌     █████████▓ ▓█████▓
               ▀▓████████      █████████▓
     ▄▄             ▀▀▀▀▀       ▀▀▀▀             ▄▄
    ▓████▓▓                                  ▄▓█████
    ▐██████ ▄▓█▓▓▄▄                   ▄▄▓▓▓▓ ██████▌
     ▓█████ ████████▓▓            ▄▓████████ █████▓
      ▓███▓ █████████▓            ▓█████████ ▓████
            ▀███████▀               ▓██████▀
        ▓███▓ ▓███▓      ▄▓██▓▄      ▓███▓ ▓███▓
        ▓█████▄        ▄▓██████▓▄        ▄▓████▓
         ██████▓      ▓██████████▓      ▐██████
         ▐████▓       ▀▓████████▓▀       ▓████▌
           ▀▀▀    ▄▓██▓▓▄▄ ▀▀ ▄▄▓▓███▓     ▀▀▀
                 ▓█████████  ██████████▄
                 ▓▓██████▓▓  ▀▓██████▓▓
██
██
██
██
██
██
██
██
██
██
██
██
██
██
.......Social Media.......
██▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌
██
██
██
██
██
██
██
██
BitCoinBarter
Jr. Member
*
Offline Offline

Activity: 56
Merit: 0



View Profile
June 26, 2011, 11:56:51 PM
 #4

They keep track of it, but you can withdraw it at any time.

True. However I suggest you keep your BitCoins with you.
Search this forum for ideals on how to secure your BitCoins (i.e.,  your BitCoin wallet).

Then decide how you want to do it and post your plan. People may be able to find some holes.
One of the first places to check out is at https://en.bitcoin.it/wiki/Securing_your_wallet

Do no evil,

Smiley 12KYva8D2GT3C1wSD8wvgkFkP5TnBp3LPC Smiley
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!