Bitcoin >> OKPAY deposit price drop!

[OKPAY]

Dear forum users and guests, we are dropping deposits (and payments) fee on the Bitcoin-to-OKPAY to 5.5% at a current market rate.
Keep tuned!

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[BkkCoins]

You seem to have an interesting debit card deal. Can users deposit BTC and then access the USD funds from an ATM? Or maybe I'm not understanding something. What exchange rate is used for BTC-USD?

[unclescrooge]

Ok that is interesting

[Spekulatius]

Dear forum users and guests, we are dropping deposits (and payments) fee on the Bitcoin-to-OKPAY to 5.5% at a current market rate.
Keep tuned!

Still waaay to steep fees

[mindphlux]

In reality, the fee is much higher than the stated 5.5%

Example: Current buy price for USD on OKPay:     9.817481  USD
Current last price on mtgox: 10.50 USD

Difference: 6.5%

The fees are way to high to consider this. Why is the fee so high? It should be a maximum of 3%, then it'd be acceptable.

[paraipan]

Dear forum users and guests, we are dropping deposits (and payments) fee on the Bitcoin-to-OKPAY to 5.5% at a current market rate.
Keep tuned!

Still waaay to steep fees

+1 yep have to agree, 5.5% is a bit high for most of us, especially when mtgox charges 0.6% for exchages and 1% to withdraw into okpay

[MagicalTux]

+1 yep have to agree, 5.5% is a bit high for most of us, especially when mtgox charges 0.6% for exchages and 1% to withdraw into okpay

Except our OkPay queue is currently a bit lagged (this will be fixed eventually, for now we are focusing on getting Dwolla back while handling Bitcoinica while handling legal issues and so many other things).

[barrymac]

This doesn't seem very competitive even with traditional currency exchange methods

[DeathAndTaxes]

Wait so it is 5.5% load fee + 1% withdraw fee + 0.6% exchange trading fee = 7.1%.   

This is the lower price what was it before?

[Nicolai Larsen]

Still got a long way to go