https://mtgox.com/press_release_20120302.htmlTOKYO, JAPAN - March 2, 2012
- Today Mt.Gox is happy to announce the launch of a new setting for traders that will enable them to pay their buy order's fees in a traditional currency.
Until very recently all buy orders had trade fees included in the order, meaning that the total amount of Bitcoins traders intended to purchase weren't what was received as the final payout. With today's new setting traders can now choose how they want their fees for buy orders applied; fees can be taken directly from a traditional currency wallet (EUR, USD, JPY, etc.) or taken in Bitcoin as per usual. The benefit of choosing to take fees from a currency wallet is that you will receive the exact total of Bitcoins you intend to purchase.
E.g. If you select "Fees taken from cash balance", and put in an order for 10 BTC @10.00 USD each, you will receive 100 BTC in your Bitcoin wallet as the payout (whereas before it would be 99.4 BTC)
Also please note that if there is an insufficient cash balance to cover the fees, they will taken from the total amount of purchased Bitcoin (as per usual).
In order to take full advantage of this new feature, please go to your account's user settings page by clicking your username, and see the “When paying trade fees” option in the preferences section.
Mt.Gox Co. Ltd Team.