Heres my idea
now LIVE... alongside the launch of MTGOX new currency system id like to give MTGOX users the option to deposit funds to World Bitcoin Exchange (wbxAUD) via the MTGOX voucher system.
Heres how it will work
0) MTGOX users will complete a withdraw with in MTGOX using the redeemable voucher feature (requesting the withdraw in AUD)
1) MTGOX users will login/sign up to wbxAUD (its free)
2) Go to our deposit page.
3) Enter the MTGOX Redeemable code (received from MTGOX when you made the withdraw)
4) Enter the Value.
5) Our system checks it.
.....***Your done***....... we would anticipate the funds to be available within 1-2hrs on our exchange. (or instantly everything going well)
So your asking whats the benefits of doing this??? well i will try to explain:
1) Reduced withdraw fees out of MTGOX (currently $10 to withdraw to AUD banks from MTGOX).....would like your comments here.
2) Bitcoin/AUD Arbitrage Opportunities
3) More trading options
4) increased Volume on the exchange.
5) Withdraw to your Australian bank account (free)
6) The opportunity to withdraw AUD from wbxAUD to MTGOX at reduced rates. (technocash charges 3.96% to deposit to MTGOX)
Your comments and criticism are welcome please go easy on me!
Trade Well - Andrehttps://worldbitcoinexchange.com
Remember this is only in concept stage....(meaning in my head.... oh and on here too)