Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
sturle
on 17/08/2013, 05:12:50 UTC
If you have money, you can generally send it somewhere else.  If you don't...
They can.  Withdrawal of JPY to Japanese bank accounts work fine and arrive next day.  JPY has sailed up as the third most traded currency at MtGox now, and the price difference between MtGox and Bitstamp is slowly decreasing.  Below 10% for the first time in days now.
Do you know for a fact that withdrawal to a Japanese account is doable? The yen rate for BTC at Gox is as high as the dollar rate which would suggest that it is no more possible to withdraw yen than dollars.
Yes.  If you found an example of JPY rate same as USD rate on MtGox yesterday, you were lucky.  Most JPY trdes on MtGox yesterday were mix currency, i.e. a trade done in JPY and matched with an order in a different currency at 2.5% conversion fee.