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Moving USD in and out of exchanges
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Topic: Moving USD in and out of exchanges (Read 409 times)
jtphenom
(OP)
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Moving USD in and out of exchanges
November 29, 2013, 04:56:28 AM
#1
Hi folks,
I keep reading that moving USD from one exchange to another is "painfully slow".
How slow is that? Are we talking 30 min.. 3 hours, days, weeks?
Can I get more specifics on this, please?
Thanks!
J
beetcoin
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Re: Moving USD in and out of exchanges
November 29, 2013, 05:07:56 AM
#2
i'm not an expert on this, but i believe if it's an ACH transfer it takes up to 4 days?
i know mt gox is the worst, so maybe even longer with them.
jtphenom
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Re: Moving USD in and out of exchanges
November 30, 2013, 02:30:48 AM
#3
Anyone else have input here? I've asked this question 3 times in various threads, and so far I have got ONE reply. Is there a reason everyone is so quiet about this?
haldir
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Re: Moving USD in and out of exchanges
November 30, 2013, 03:19:49 AM
#4
I've read that Mt.Gox can take weeks or even months but they just got approved to double their daily withdrawals from their bank so things should be getting better for them. I don't know about others like Coinbase or Bitstamp.
grux
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Re: Moving USD in and out of exchanges
November 30, 2013, 03:30:10 AM
#5
Coinbase is shaky, they like to mark most transactions as suspicious. So if rate goes up and in the few days between payment, coinbase is likely to cancel.
WayTooGosu
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⇾
Re: Moving USD in and out of exchanges
November 30, 2013, 04:22:14 AM
#6
Many sites do make it painfully slow to move around USD. I think it is a security precaution they have to take.
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