Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
Grinder
on 09/08/2013, 17:50:53 UTC
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.
You really shouldn't so that, it will be taken advantage of by arbitragers. Yes, the money will be locked up for a short while, but they can probably earn 6-8% profit/round trip with minimal risk by buying coins on Bitstamp and selling to you. That's a lot of money to give away.