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Author Topic: How to get money from Mt.Gox to Paypal?  (Read 1085 times)
kujoking7
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January 11, 2012, 12:10:32 AM
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What would be the easiest way to get money from my Mt.Gox account to my paypal account.
Any help is greatly appreciated

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Stephen Gornick
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January 11, 2012, 12:18:31 AM
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What would be the easiest way to get money from my Mt.Gox account to my paypal account.
Any help is greatly appreciated

Easiest (and cheapest) ... if you are not in a hurry.

Mt. Gox -> Dwolla -> Bank -> PayPal
(assumes you are in the U.S.)

Otherwise, you can try trading with a seller on the #bitcoin-otc marketplace:

 - http://bitcoin-otc.com/
 - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer

Because you would be receiving PayPal, a payment methods that can be reversed, you will want to make sure to only accept payment from a source that you trust.  The #bitcoin-otc marketplace's Web of Trust (WoT) can help to assure that you are trading with someone who has a good trust reputation and history.
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kronosvl
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January 11, 2012, 12:22:23 AM
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Mt.Gox - Bitcoin -> virwox -> convert to SLL -> convert to USD/EURO -> Paypal

But is expensive because of the double fee on virwox

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A1BITCOINPOOL
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January 11, 2012, 12:23:57 AM
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I use https://btc-e.com/exchange/gg_btc.  Its very easy on this website.
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