Silk Road forums
Discussion => Security => Topic started by: alpine on April 28, 2012, 03:39 pm
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Hi I am looking for a site like mt gox with low fees and fast turn around. I really like get bitcoin but i am going to be selling them and don't like the 5% fee as I am trying to maximize my profits. And keep my fees down. Thanks in advance, alpine :)
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Hi I am looking for a site like mt gox with low fees and fast turn around. I really like get bitcoin but i am going to be selling them and don't like the 5% fee as I am trying to maximize my profits. And keep my fees down. Thanks in advance, alpine :)
I think Mt Gox charges 0.6% for BTC transactions. But I think you must be referrring to the actual cash to BTC process, usually done by cash deposits at a bank, although there are others. I guess 5% is the cheapest you will find for that process. Anybody know of any other, cheaper, way?
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you can transfer your mtgox funds to somebody else and don't have to use any of their withdrawal methods or hook up with keefe on IRC and cash through him
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I'd love to hear some feedback from the veteran clients on the matter. I wrote a small post with my thoughts after several purchases and trying several ways to get coin. Feel free to give it a read and chime in with the "best practice": http://dkn255hz262ypmii.onion/index.php?topic=20750.msg210559#msg210559 . My summary:
*Mt Gox is about as close to market rate and minimal fees as a buyer can get. But there is risk exposure if you fund your Mt Gox with Dwolla, which is connected to your bank account. And you're looking at 3-5 days before your coins are in hand.
*Get-Bitcoin may cost a little more, but the speed and anonymity are worth the cost (I feel).
*Now if I can just get a that PO Box without showing two forms of ID, I would sleep like a baby.
-eb 8)
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you can transfer your mtgox funds to somebody else and don't have to use any of their withdrawal methods or hook up with keefe on IRC and cash through him
h4xx, wouldja mind expanding on those two? How do you transfer mt gox funds to somebody else?
And since i never used IRC, is keefe a username on that chat service? Does he use torchat? Without revealing anything sensitive, how does he do that?
Thanks.