Post
Topic
Board Marketplace
Re: paypal dropped mtgox
by
gumtree
on 16/10/2010, 08:25:06 UTC
LOW COST INTERNATIONAL FUNDING SOLUTION:  Add MtGox's banking details as beneficiary in your http://www.CurrencyFair.com account.  CurrencyFair is a Peer-to-Peer international currency trading market, where exchange rates even lower than interbank rates are possible, your rate will depend on how much of a hurry you are in, as there is also bid-and-offer queuing possibility.  Only legal digital electronic cryptographic certificated Bitcoin commodity purchase payments will be allowed in accordance with Terms of Service.

At current volumes (and the odd 5% saving on Paypal commissions), MtGox might charge 2.5% in, and 2.5% out fees for monetary currency USD, EUR, AUD, SGD, CAD, CHF, NZD, HKD, UAE & ZAR transfers, with which electronic cryptographic certificated Bitcoin commodity were bought or sold.  Transfer Payments to and from MtGox will be manually however (don't know if it can be automated).

CurrencyFair however is closed for trading over weekends like all major currency markets - transfers however is effected within 2 business days, depending on individual bank clearing times.  No transaction reversals at CurrencyFair.  Funding in USD, EUR, AUD, SGD, CAD, CHF, NZD, HKD, UAE & ZAR.  Conversion between all (USD, EUR, AUD, SGD, CAD, CHF, NZD, HKD, UAE & ZAR) and transfer out in all (USD, EUR, AUD, SGD, CAD, CHF, NZD, HKD, UAE & ZAR).