BTCChina: How fast can you get money out of the exchange?

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Topic: BTCChina: How fast can you get money out of the exchange? (Read 1774 times)

Sage (OP)

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BTCChina: How fast can you get money out of the exchange?

November 09, 2013, 02:55:10 PM

I'm sure we've all been eyeballing the arbitrage opportunities here.

Question is, how hard is it to get $$$ out of BTCchina.com and back into Bitstamp?

Anyone have some experience here?

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LiteCoinGuy

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Re: BTCChina: How fast can you get money out of the exchange?

November 09, 2013, 06:16:03 PM

i guess you dont get USD,Euro or Yen out of btc china, only btc. but maybe iam wrong.

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Trade101

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Re: BTCChina: How fast can you get money out of the exchange?

November 12, 2013, 09:57:41 AM

Quote from: LiteCoinGuy on November 09, 2013, 06:16:03 PM

i guess you dont get USD,Euro or Yen out of btc china, only btc. but maybe iam wrong.

chinese bank account is also possible (but who has access to one :-( )

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thecoinjournal

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Re: BTCChina: How fast can you get money out of the exchange?

November 12, 2013, 12:50:16 PM

It's not so slow to get the yuan out, but exchange it to USD and wire it out would take some time.

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mogs

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Re: BTCChina: How fast can you get money out of the exchange?

November 13, 2013, 05:26:20 PM

Getting funds out of china will have a high cost, also Chinese bank accounts can only wire out 50k USD per year. Your margin will disappear before it makes it way to your bank account.

Trade101

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Re: BTCChina: How fast can you get money out of the exchange?

November 13, 2013, 11:18:27 PM

QQPay or AliPay maybe?
I heard QQ is really widespread across China and you can for sure find some
expat to exchange the QQ Pay funds with.

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coinking

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Re: BTCChina: How fast can you get money out of the exchange?

November 19, 2013, 01:16:09 AM

I'm interested in knowing the answer to this question!

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