Silk Road forums
Discussion => Silk Road discussion => Topic started by: Spiral Eyes on April 06, 2013, 05:34 pm
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Would someone with experience using these guys please take a minute and explain the process? Also, how do the fees compare to Bitfloor? I've read the BST site, but am unsure exactly how it works. I email them how much $ I want to spend, and they sell the coin to me? Typically, I like to do cash deposit into Bitfloor, and then I can play the market and wait for the right time to click purchase. It seems like with BST, I send an email and whenever they get around to processing it, I'd pay whatever the BTC rate is at THAT time..? Do I have this all fucked up? I did some searching here on this site but can't seem to get the answer I need. Thanks guys and gals.
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I second that request. As I understand it, you do have to let them know the night before - give them an $ amount and a wallet address, and they e-mail you back whenever and let you know how many bitcoins you get. You then have to make a cash deposit at Bank of America that same day. Sounds like maybe you can cancel prior to depositing the cash.
My question is what do they charge? No info on that I can find on their site. Anyone experienced with these guys?
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They usually go off the daily high + 3% from what I've seen. I may be wrong on this.