Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
sturle
on 09/08/2013, 12:53:07 UTC
I will also file a complaint with the SEC, and then close my account at MtGox , too.
Do you really think filing a complaint will help speed up withdrawals?
Not at all. I will be doing this as a matter of principle.
I and other customers would be grateful if you could wait until their banking problems are solved.  If it isn't helping, don't.

I'm helping Norwegian customers withdraw, at the same time reducing the number of withdrawal requests from MtGox, by automated buying of bitcoins for NOK at a rate 1% below best MtGox bid.  Payment same day for amounts less than 10k NOK (~2k USD).  This is significantly higher price than offered at most other exchanges, and even cheaper for the customer than withdrawal via international wire from MtGox.  Not to mention much faster, and I manage with a small profit due to many people buying smallish amounts from me at MtGox ask +2.5%.  I typically buy ~100 BTC a week this way, and ~100 from exchanges.  Lowers my capital needs as well, since less funds are tied up in transfers to exchanges.  Earlier more than half of my trading funds used to be tied up in transfer at any given time, price increasing and currency rates worsening while I waited for funds to arrive.