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Author Topic: MtGox supports Dwolla  (Read 9710 times)
MagicalTux
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May 14, 2011, 02:56:16 PM
 #1

As it seems some people still haven't noticed, let me announce that MtGox supports Dwolla both for deposits and withdrawals.

Deposits are only subject to Dwolla's $0.25 fee, and withdrawals too. No other fee will apply.

We are currently trying to see with Dwolla to support instant deposits (see http://www.dwolla.org/d - there are a bunch of topics by me, and some other guy who ask about bitcoins), however in the meantime those will still require me to login on Dwolla's website, and download the CSV statement.
More details: http://www.dwolla.org/d/showthread.php?510-subscribe_notifications-POST-notifications&p=617

So in the meantime, Dwolla transfers are typically handled within less than 1 hour during business hours (JST), and can take up to 8 hours if you happen to place a transaction at the exact time I go to sleep.


As for withdraws, they can be delayed (especially for higher amounts). We are working on this to make things more smooth.


Mark

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Littleshop
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May 14, 2011, 07:41:10 PM
 #2

It worked well and fast for me,  thanks!

I am starting to use a gox as a verb....

I goxed my coins last night!   ( I turned them into USD )



Drifter
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May 14, 2011, 07:43:34 PM
 #3

Why does Mt Gox not have some sort of "News/Announcement" page? would make things a lot easier than having to search through to forum to find any changes.

DGCmagazine
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May 14, 2011, 08:02:06 PM
 #4

That is really good news, Dwolla rocks. Congrats on your move.

Skype "digitalcurrency"
riX
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May 14, 2011, 08:08:05 PM
 #5

We are currently trying to see with Dwolla to support instant deposits (see http://www.dwolla.org/d - there are a bunch of topics by me, and some other guy who ask about bitcoins), however in the meantime those will still require me to login on Dwolla's website, and download the CSV statement.

Why don't you just make some script to get the file and parse it automatically?

MagicalTux
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May 14, 2011, 10:21:17 PM
 #6

We are currently trying to see with Dwolla to support instant deposits (see http://www.dwolla.org/d - there are a bunch of topics by me, and some other guy who ask about bitcoins), however in the meantime those will still require me to login on Dwolla's website, and download the CSV statement.

Why don't you just make some script to get the file and parse it automatically?

Dwolla's CSV is broken, and require manual editing before it can be used (doesn't quote fields containing a , or newlines)

BitcoinStars.com
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May 14, 2011, 11:24:35 PM
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Dwolla is highly recommended and when Mtgox sets up instant deposits watch out
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May 18, 2011, 05:13:54 PM
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How long should it take to withdraw $1000 from mtgox to dwolla?
TenthReality
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May 18, 2011, 08:30:35 PM
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How long should it take to withdraw $1000 from mtgox to dwolla?

1-4 days seems to be the norm.  Sometimes a lot faster, other times slower.

So long as you got the confirmation hash over on gox of the transfer though you're golden and just need to wait it out.
stic.man
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May 18, 2011, 08:41:01 PM
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my friend is having a problem where he's been waiting 8 days (probably 5 business days) for his bank of america transfer to show up at Dwolla.  Personally mine took i believe 2 business days with the same bank.  Anyone else have any issues with lead times on debiting your dwolla account?  My transfer from dwolla into mtgox was very swift, probably when magicaltux woke up that morning haha.
MagicalTux
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May 18, 2011, 10:03:37 PM
 #11

my friend is having a problem where he's been waiting 8 days (probably 5 business days) for his bank of america transfer to show up at Dwolla.  Personally mine took i believe 2 business days with the same bank.  Anyone else have any issues with lead times on debiting your dwolla account?  My transfer from dwolla into mtgox was very swift, probably when magicaltux woke up that morning haha.

I'm guessing Dwolla has to cope with a suddent surge in requests, and they weren't ready for this. Give them some time and everything will be fine.

If you are really worried you can contact them, I think they have a chat too.


Mark

Vwlopez3
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May 19, 2011, 12:33:48 AM
 #12

thanks excited to see the price rise to $8-9 dollars then buying a new graphics card

19G8b28qHHM7yACCwwWfikGv7QimEsHyga
NicholasBell
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June 02, 2011, 07:31:07 PM
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I've read here 4 days or so, but I initiated a withdrawal from mtgox on the order of $50 to my Dwolla on 5/27 (which is 6 days ago right now). Is this common to wait this many days? I'm just wondering how much longer I can expect to wait.

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Flappy
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June 02, 2011, 08:59:25 PM
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I sent 518.34 from MtGox to Dwolla on Friday (6 days ago) and got no confirmation.  I sent an email to info@mtgox.com yesterday and again today but no response.  I called Dwolla and they said positively there was no such transfer initiated from MtGox to my Dwolla ID.

MtGox needs a support line.  But at least they should reply to inquiries about a misplaced transfer!
twobitcoins
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June 02, 2011, 09:50:50 PM
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I sent 518.34 from MtGox to Dwolla on Friday (6 days ago) and got no confirmation.  I sent an email to info@mtgox.com yesterday and again today but no response.  I called Dwolla and they said positively there was no such transfer initiated from MtGox to my Dwolla ID.

MtGox needs a support line.  But at least they should reply to inquiries about a misplaced transfer!

I also made a withdrawal on Friday 5/27 that went missing, despite having successful withdrawals before and after that one.  Perhaps a whole batch of withdrawals failed to be processed that day.  I emailed Mt. Gox a few hours ago.
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June 02, 2011, 10:35:19 PM
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I initiated another withdraw of $10.18 (MtGox --> Dwolla) over an hour ago.  We'll see if this goes through.
Flappy
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June 03, 2011, 01:06:29 AM
 #17

The $10.18 just came in.  Took 4 hours.  Something must have happened on Friday.  Still no word from MtGox on the matter.
NicholasBell
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June 03, 2011, 04:10:24 AM
 #18


I also made a withdrawal on Friday 5/27 that went missing, despite having successful withdrawals before and after that one.  Perhaps a whole batch of withdrawals failed to be processed that day.  I emailed Mt. Gox a few hours ago.


The $10.18 just came in.  Took 4 hours.  Something must have happened on Friday.  Still no word from MtGox on the matter.

Thanks for the information. Please post here if you hear from MtGox by email, or maybe they would respond here. Hopefully we hear something soon about this. I'll send an email as well.

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Flappy
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June 03, 2011, 08:35:14 PM
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Got an email from mgtox asking for the reference number and stating they would look into this.
I sent them the reference number from my account history.
NicholasBell
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June 04, 2011, 09:32:20 PM
 #20

Got an email from mgtox asking for the reference number and stating they would look into this.
I sent them the reference number from my account history.


I am at the same point currently. I received a similar email on the same day as your post.

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