Silk Road forums
Discussion => Silk Road discussion => Topic started by: nabuchodonosor on December 11, 2012, 11:17 am
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Hi,
I just do not want to fuck up something so this is the question for someone who knows mtgox well.
1. Send BTC to mtgox account
2. Go to TRADE and then SELL BITCOINS
3. Go to FUNDING OPTIONS
4. Go to WITHDRAW FUNDS
5. Choose "Bank Transfer" and set up this crazy IBANs
6. Put the amount (ex. everything in Pounds I have currently)
7. Wait...(week, two weeks?)
Questions:
1. Probably there is some fee, 200 Yens (around £15????), am I right?
2. Is there another, cheaper way in MT.GOX?
3. Is there another, even cheaper option outside the MT.GOX (I know localbitcoins)?
Thank you for your help, Anyone....
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The fees from Mt Gox are more than £15, but i can't remember how much, it was way too high i remember.
I would recommend Bitstamp, they're quicker and a lot cheaper :)
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bitcoin-central.net
The GBP market is not very liquid at present though. However withdrawals are easy. You can also sell in EUR and pay £15 to convert it, again withdrawals are much easier than on mtgox. Dont even need ID unless you need to withdraw more than £500 a day.
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Both solutions are nice indeed, but bitstamp looks little bit smoother and it seems is cheaper as well. Thanks for those lads.