[ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla

[Yankee (BitInstant)]

Good Afternoon!

We are proud to announce the launching of Instant Withdrawal from MtGox.com to Paypal.
In addition, instantly transfer Liberty Reserve, Dwolla, and Paxum to Paypal!
Visit, www.BitInstant.com

Our fee of  3.49% to 4.29% Includes Paypal's fees. The amount you see in your quote is the amount that will be in your Paypal account
EDIT: Just lowered the LR rate from 4.49% to 4.29%




To do a withdrawal from MtGox.com
1- Go to 'Withdraw Funds'
2- Create MtGox Voucher Code
3- Go to Bitinstant.com and type your information and get a quote
4- Follow the steps and your good to go!

Fees range between 4.49% - 4.99% of your total amount.

In additional, our API is super quick and free to us as well as the GoxSH fork available for download.
More info here: https://www.bitinstant.com/api

Thank you for your continued support and patronage.

Gareth, Charlie, Roger and the Team @ Bitinstant.com
T: 1.716.712.4846 | F: 1.347.223.5251 | Support@Bitinstant.com
IRC: irc.bitinstant.com #bitinstant

Come visit us for a coffee or beer!
Brooklyn, New York
North Wales, United Kingdom
Tokyo, Japan

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Our Current Services and Rates

Payment method   Destination   Min fee   Max fee
MTGox Coupon   TradeHill   0.8900%   1.2900%
MTGox Coupon   PayPal   3.4900%   3.9900%
Liberty Reserve   TradeHill   2.1900%   2.3900%
Liberty Reserve   PayPal   4.2900%   4.9900%
Liberty Reserve   MTGox   2.1900%   2.3900%
Paxum           TradeHill   1.9900%   2.0900%
Paxum           PayPal   3.4900%   3.9900%
Paxum           MTGox   1.9900%   2.0900%
Dwolla           TradeHill   1.9900%   2.0900%
Dwolla           PayPal   3.4900%   3.9900%
Dwolla           MTGox   1.9900%   2.0900%

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[teflone]

Well, Hello!

This should help a lot.

[Yankee (BitInstant)]

Well, Hello!

This should help a lot.

Thanks 

[Yankee (BitInstant)]

Bump, we lowered fees

[btc_artist]

I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve.

Nice features though.

[Yankee (BitInstant)]

I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve.

Nice features though.

Dwolla, LR and MtGox code should be live within a week or two!

Paypal to anything is gonna take a little longer

Thanks!

[Aggro]

I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve.

Nice features though.

Hello!

You can exchange MtGox to LR through our service:

https://www.aurumxchange.com

[dancupid]

Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves?
Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'.
Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant).


Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users.

[Yankee (BitInstant)]

Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves?
Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'.
Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant).

Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it.

Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users.

Thats the game plan!

[Yankee (BitInstant)]

I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve.

Nice features though.

Hello!

You can exchange MtGox to LR through our service:

https://www.aurumxchange.com

WOW! 6% for MtGox--> LR ?

@btc_artist we could do this manually until we have it automated for almost half that. Shoot me a PM

[dancupid]

Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves?
Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'.
Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant).

Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it.

Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users.

Thats the game plan!

PayPal (and eBay) allow the buyer to choose any delivery address (I often buy things for my mother on eBay) - presumably if you had a way of entering a delivery address on your site then most sellers wouldn't even care or notice the mechanism of payment delivery and would just delver to the address provided (though it would be an unverified address ).

[Yankee (BitInstant)]

Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves?
Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'.
Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant).

Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it.

Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users.

Thats the game plan!

PayPal (and eBay) allow the buyer to choose any delivery address (I often buy things for my mother on eBay) - presumably if you had a way of entering a delivery address on your site then most sellers wouldn't even care or notice the mechanism of payment delivery and would just delver to the address provided (though it would be an unverified address ).

Hey, I think were talking about 2 different things here.

Right now, you have the ability to send Paypal USD to yourself or anyone you choose. We don't pass along any delivery information.

[btc_artist]

I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve.

Nice features though.

Hello!

You can exchange MtGox to LR through our service:

https://www.aurumxchange.com

WOW! 6% for MtGox--> LR ?

@btc_artist we could do this manually until we have it automated for almost half that. Shoot me a PM

Thanks, I'll keep that in mind.

[556j]

I've used this service (MTGox code > paypal) a few times now and "instant" is right. Literally seconds from entering the code to hitting my paypal account. This service is so helpful to me, thank you. The fees are really reasonable as well.

[kujoking7]

Sorry but I don't see the option of payment as paypal available.

[Yankee (BitInstant)]

Sorry but I don't see the option of payment as paypal available.

Were having some account issues, so Paypal is temporarily disabled.  We will let you know when all clear

Thanka!

[kujoking7]

Okay thank you, the alert is much appreciated.

[Aggro]

Sorry but I don't see the option of payment as paypal available.

Were having some account issues, so Paypal is temporarily disabled.  We will let you know when all clear

Thanka!

Yo Charlie are you still on IM? need to discuss some business

Thanks!
Roberto

[Yankee (BitInstant)]

Sorry but I don't see the option of payment as paypal available.

Were having some account issues, so Paypal is temporarily disabled.  We will let you know when all clear

Thanka!

Yo Charlie are you still on IM? need to discuss some business

Thanks!
Roberto

Hey Roberto,

Yes, Im always on skype- Im heading to bed soon as Im in Hong Kong at the moment.
My skype is cshrem90

Charlie

[CyberPhunk]

Hmm, Paypal still not available yet?