Post
Topic
Board Currency exchange
Re: Dwolla for BTC
by
tclo
on 08/05/2013, 10:39:29 UTC
Hello,

MTgox denied my verification request... again... so I'm looking to use alternate methods. I have $50 in dwolla that I would like to exchange for an equivalent BTC. I understand if you are leery about doing that all at once, I am myself. So we can split it up or use escrow (I'm a noob to the whole escrow thing though... so a little hand holding would be appreciated  Tongue), one way or the other I'd like to use my dormant Dwolla funds for BTC.

You can use Bitinstant to get funds into MtGox even though the fees are annoying.  That's how I got started with the whole Bitcoin ting.

But even better is to use Dwolla with CampBx. I set up an acct with them and used Dwolla and no wait at all, I don't think. I just transferred my funds into CampBx and they were ready to use.

The downside is that their trading volume isn't great so spread is not as small as Gox and now you can't transfer BTC out of there for 30 days after you set up and acct with Dwolla. So major drawbacks there I agree.