Topic: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla (Read 10374 times)
June 21, 2013, 07:40:01 PM
thanks byte..iam already tried Twice...but just wondering why it is not working now...thanks
June 21, 2013, 07:20:14 PM
This is a 1 1/2 year old thread. A lot of things have happened since then. Best for you to check their website to see if it is still offered and ask them.
June 21, 2013, 07:07:11 PM
hi iam having problem with mt.gox usd to paypal transfer...pls help.
January 19, 2013, 05:39:07 PM
I am really interested in your services. I just wanted to exchange MTGox USD to paypal and it says "Fee to Exchange? 7.0% + $1.00 incl. paypal fees"
That's is so not 3.9-4.2?
?
am I doing this wrong?
That's is so not 3.9-4.2?
?am I doing this wrong?
December 14, 2011, 07:14:43 PM
Well the Paypal itself is also a second class citizen. Often, Paypal -> Paypal has a 2.9% fee.
Paypal -> Paypal is actually a 4% fee for international transactions, and they charge 2.5% on the currency exchange rate too!
December 14, 2011, 01:57:21 PM
I bet paypal is happy to have bitcoin as a second class citizen.
Ordinary bank account -> paypal - zero fees.
Bitcoin exchange/wallet/bank -> paypal - about 4%
I guess this is a step forward but holy crap the bitcoin world gets eaten alive at the edges.
Well the Paypal itself is also a second class citizen. Often, Paypal -> Paypal has a 2.9% fee.
December 14, 2011, 01:07:54 PM
Sounds like a great service, which i will almost certainly use. Just out of interest though, how much of your 4.29 to 4.99% fee goes to paypal and how much to you?
Hey, thanks! When you do, can you send me some feedback?
Fees- The lowest fee is 3.49% (MtGox Code, Paxum, and Dwolla) as there fee's are low
We had to bump up Liberty Reserve to 4.29% only because LR charges us 1% on receiving LR funds from you.
Of the 3.49% Paypal charges between 2.2% - 2.5%.
However, unlike other sites that charge 7%-8% for LR-->Paypal we only charge 4.29% as we secured an insane rate from Paypal!
I bet paypal is happy to have bitcoin as a second class citizen.
Ordinary bank account -> paypal - zero fees.
Bitcoin exchange/wallet/bank -> paypal - about 4%
I guess this is a step forward but holy crap the bitcoin world gets eaten alive at the edges.
December 14, 2011, 12:20:55 PM
Great news ) Thnks for service) Just tested paxum -> pp - ok )
December 14, 2011, 09:56:24 AM
Sounds like a great service, which i will almost certainly use. Just out of interest though, how much of your 4.29 to 4.99% fee goes to paypal and how much to you?
Hey, thanks! When you do, can you send me some feedback?
Fees- The lowest fee is 3.49% (MtGox Code, Paxum, and Dwolla) as there fee's are low
We had to bump up Liberty Reserve to 4.29% only because LR charges us 1% on receiving LR funds from you.
Of the 3.49% Paypal charges between 2.2% - 2.5%.
However, unlike other sites that charge 7%-8% for LR-->Paypal we only charge 4.29% as we secured an insane rate from Paypal!
December 14, 2011, 08:53:44 AM
We cant load with PayPal though?
Unfortunately no, we did try and arrange this but PayPal are still unwilling to accept purchase of bitcoins using their service. I would caution people against setting up an exchange using PayPal without their blessing.
December 14, 2011, 08:07:27 AM
Sounds like a great service, which i will almost certainly use. Just out of interest though, how much of your 4.29 to 4.99% fee goes to paypal and how much to you?
December 14, 2011, 08:02:46 AM
We cant load with PayPal though?
December 13, 2011, 08:33:58 PM
We send the money to the designated PayPal account denominated in USD, for most people this means you would get a second USD balance.
I know my personal account (UK) has the main balance in GBP but also has a secondary USD balance showing the equivalent value in USD.
I know my personal account (UK) has the main balance in GBP but also has a secondary USD balance showing the equivalent value in USD.
December 13, 2011, 06:53:49 PM
How does it work for Paypal accounts in other currencies? Who pays the conversion fees?
December 13, 2011, 06:10:06 PM
Charlie great news! btw: I've never had a chance to say sorry about the similiar names we have in btcinstant.com and bitinstant.com 
long time ago I thought about buying bitinstant.com . I wish the best with your service!
long time ago I thought about buying bitinstant.com . I wish the best with your service!No worries! I own InstantBTC.com and pretty much anything with the words instant and btc
December 13, 2011, 05:21:31 PM
Charlie great news! btw: I've never had a chance to say sorry about the similiar names we have in btcinstant.com and bitinstant.com long time ago I thought about buying bitinstant.com . I wish the best with your service!
long time ago I thought about buying bitinstant.com . I wish the best with your service! December 13, 2011, 04:30:38 PM
oh, it's only one way, into PP
well that's better than nothing ))
well that's better than nothing ))
December 13, 2011, 04:11:45 PM
Yup, we have an agreement with Paypal and launched this with their blessing
A contract!?
I cant get into details of the agreement, but we launched this with them hand in hand and have their full blessing
Thru over 10 years of being in the retail industry I built a close relationship with executives in Paypal.
Payal's main concern is Depositing funds into exchanges for now, but withdrawing is all clear!
December 13, 2011, 04:04:13 PM
Yup, we have an agreement with Paypal and launched this with their blessing
A contract!?
December 13, 2011, 03:58:00 PM
Sounds almost too good to be true, but if true this could be the best news of the year!)
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