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Author Topic: Bitcoin >> OKPAY deposit price drop!  (Read 1987 times)
OKPAY
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August 03, 2012, 11:27:19 AM
 #1

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! Cheesy
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BkkCoins
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August 03, 2012, 12:11:06 PM
 #2

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
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August 03, 2012, 12:13:18 PM
 #3

Ok that is interesting Smiley
Spekulatius
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August 03, 2012, 12:39:00 PM
 #4

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! Cheesy


Still waaay to steep fees
mindphlux
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August 03, 2012, 01:21:57 PM
 #5

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
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August 03, 2012, 01:23:05 PM
 #6

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! Cheesy


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

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August 03, 2012, 02:00:00 PM
 #7

+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
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August 10, 2012, 01:59:26 PM
 #8

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


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August 10, 2012, 03:21:40 PM
 #9

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

This is the lower price what was it before?
Nicolai Larsen
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Earthling


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August 24, 2012, 07:57:40 PM
 #10

Still got a long way to go Wink

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