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Kmitchell03 (OP)
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May 16, 2011, 10:22:18 PM
 #1
Hey all,

So i've yet to actually trade in my bit coins for USD yet. Was going to use Mt Gox. Does it work fairly simple? Like, for say, I can see 10 BTC's and get USD ASAP or do I have to actually wait for someone to buy it? Some feed back or better ideas on how to convert BTCs to USD would be very much appreciated.

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TehZomB
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May 16, 2011, 10:25:24 PM
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If you go with the price already filled in, you get the USD immediately.
Kmitchell03 (OP)
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May 16, 2011, 10:41:34 PM
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Thanks TehZomb.

Now, sending over BTCs to mt gox, how long will that take via mybitcoin?
Drifter
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May 16, 2011, 10:49:49 PM
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A few minutes or a few hours. Somewhere within that region.
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May 16, 2011, 11:04:53 PM
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Quote from: Drifter on May 16, 2011, 10:49:49 PM
A few minutes or a few hours. Somewhere within that region.
Not "few minutes" really :)
mtGox needs at least 6 confirmations, so it will be more than one hour usually.
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Kmitchell03 (OP)
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May 16, 2011, 11:09:24 PM
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Quote from: [Tycho] on May 16, 2011, 11:04:53 PM
Quote from: Drifter on May 16, 2011, 10:49:49 PM
A few minutes or a few hours. Somewhere within that region.
Not "few minutes" really Smiley
mtGox needs at least 6 confirmations, so it will be more than one hour usually.

Hahaha! Be nice if it was a few minutes... I guess you can't really just cash out ASAP huh
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May 16, 2011, 11:29:30 PM
 #7
do note the minimum withdraw amounts for USD depending on method used-
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