Post
Topic
Board Bitcoin Discussion
Re: TradeHill - Why we no longer accept Dwolla and an open letter to Ben Milne
by
CubedRoot
on 30/07/2011, 19:02:54 UTC
Now, after your announcement that you will no longer use Dwolla for withdrawals, I am forced to stop using Tradehill as my exchange.  I will have to move back to Mt. Gox. I absolutely refuse to use Paxum as a service due to their intrusive background information requirements.
Is there a reason why you chose to stop using Dwolla for account withdrawals?  Its impossible for the end user (like me) to fraud Tradehill out of money when I am simply making a withdrawal. Plus, Dwolla is still ALOT cheaper to withdraw funds, its $.25 compared to Paxums $1.00.

I'm with CubedRoot on this one.  I have USD stuck on TradeHill that I'll have to to trade back to BTC just to get it out and resell on MtGox, paying commissions again to both.  I understand preventing inbound transfers, but by getting rid of outbound you screwed quite a few of us.
SteveFL,
Keep in mind also, that now, to get your USD from Tradehill all the way back to your bank it will now cost you $6.00!!!!!  Using Dwolla this same set of transfers would have only cost you $.50. 
I think its rather frustrating that Tradehill wont simply keep using Dwolla for Withdrawals since there is absolutley 0 risk in them getting frauded on withdrawals.