Silk Road forums

Discussion => Newbie discussion => Topic started by: zedd on February 16, 2013, 11:57 pm

Title: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: zedd on February 16, 2013, 11:57 pm
The question is pretty straight forward.  I have managed to get the money in the Mt.Gox account and have purchased my bitcoins.  They are sitting in the Mt.Gox account and I have been trying to figure out how to send them to my SR wallet for a while with no luck.  I'm not sure if there is another service that does this like coinapult.  Thanks for any help!
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: iliketurtles on February 17, 2013, 12:07 am
This one confused me for a day or so as well! Some googling did the trick for me :) I'll run you through it though.

Log into MtGox, then click on Funding Options on the left (under Trade and above Account History). Once there, there should be 3 options - Add Funds, Withdraw Funds and Redeem Codes -- you want Withdraw Funds. Click on that, then head on over to your Account page on Silk Road. It should have a line of text there with random letters/numbers -- copy and paste that (since it's your first time, it should tell you that it's your deposit address) into the Bitcoin Address on the MtGox/Funding Options/Withdraw Funds page, put in the amount you're transferring across and hit confirm! I pay the 0.005BTC fee, and have only done two deposits and both times selected it so I couldn't tell you the difference in time sorry. It took a couple of hours for my funds to appear in my SR account.

Hope this makes sense! :)
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: zedd on February 17, 2013, 12:20 am
Thanks for the help!  I have one more question.  What about the green address and open transaction check boxes?
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: iliketurtles on February 17, 2013, 12:24 am
Never ticked them either! and both of my transfers went through without a problem :) Someone else may be able to explain them to you though! Unfortunately, I am not that person.
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: capncook on February 17, 2013, 12:39 am
you can also search youtube "how to use mtgox" which I found a useful tutorial.

I'm also interested what is significance of the green and open transactions options?
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: Remediless on February 17, 2013, 12:53 am
Guys you may want to 'tumble' your coins by transferring them through a couple of instawallets before you send them to your SR wallet. https://instawallet.org

MTGOX does not like the idea of money going from them direct to SR.

Use a couple of wallets before you send the money to your SR wallet as that way it can't be traced.

WRITE THE INSTAWALLET NO DOWN as if you forget it they can NOT help you get your money back.

Instawallet is free, anonymous and requires no signup.

The URL is the key to your wallet. If you lose it, nobody can be certain of which wallet is yours and the coins will remain unclaimed.

Properly backup your Instawallet address or key before receiving coins.
Only share your bitcoin address, NOT the wallet URL or key, with the public.
Be aware of who may have access to your browser's history or cache.
Never trust shared computers such as the ones found in internet cafes.
Please consider yourself warned: If you lose wallet's key or URL, your Bitcoins are lost, no matter the circumstances.
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: iliketurtles on February 17, 2013, 12:58 am
Remediless,

Thank you for the heads up! I will keep that in mind for next time I require MtGox's services. I have found another BitCoin vendor who I will be using for any future purchases, but appreciate the warning regardless :) Thanks!
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: zedd on February 17, 2013, 01:29 am
Ok so I clicked confirm and some text came up that said withdrawing...  however my Mt.Gox account still shows it having all the bitcoins in it.  Should the coins have left by now if I clicked confirm about an hour ago?  Also how long does the entire transfer over usually take?
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: iliketurtles on February 17, 2013, 02:00 am
From memory, they should leave pretty well immediately. I take it you've logged out of MtGox and logged back in? Check your activity log :)
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: jakeholt on February 17, 2013, 02:29 am
I 2nd the tumbling; MtGox seems a little shady with their Tot policies. I use BitCoin Fog.
Title: Re: How do I transfer bitcoins from my Mt.Gox account to my SR wallet?
Post by: greenFaces9 on February 17, 2013, 05:10 am
Just curious how long did it take for Mt Gox to verify your account? I'm still waiting and it's been a few days.  I'm considering a different source..