Post
Topic
Board Bitcoin Discussion
Re: My Friend wants to accept Bitcoins for staying in his hostel - how?
by
timmo11
on 07/06/2011, 09:13:47 UTC
Hi


"So how do I take the money out into Australian Dollars?"


Sell bitcoins on britcoin.co.uk than transfer to AUD account with conversion with xe.com or likes of it. Eventually there will be an AUD exchange or two.


wouldn't that mean

1) opening a UK bank account ( and that is possible but a hassle from Australia )
2) paying said bank transfer fees to get the money to Australia ?