Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
sturle
on 10/02/2014, 09:06:33 UTC
You can withdraw 50k EUR per 20 days with a trusted account.  I suggested you waited for Moneypolo integration, since time was not critical.  You could do 50k EUR / 20 days while you waited, which is 900k EUR in a year.  1.22 million USD / year.  If time was critical, and you were willing to take a loss, I would have suggested the emergency withdrawal option with 5% bank fees.  You can even withdraw USD to EUR this way, since MtGox can exchange USD to JPY to EUR at the same 5% fee as USD to JPY to USD, saving a currency conversion on your side.
Good point err or it would be if once again gox worked as advertized. Still waiting for my SEPA from Jan 8th. So that's 31days now, prob won't see it for another 10days if ever. So that puts it at $600k/yr MAX. Funny how i'm pretty confident that you know that delay is not 20days now but oddly still use overly optimistic figure  Roll Eyes
Wrong.  You can have several confirmed withdrawals at once.  If you make 10 withdrawals today, you will get the first in six weeks or so, and the rest will follow separated by 20 days.  Read the reports in this thread from people who made several withdrawals in November/December and still receive one every 20 days.  If you make one withdrawal every 20 days, you will get money every 20 days, but you will not skip the queue.  You will wait at least as long as the rest from the time you make you withdrawal to the time when you receive your money.