Author

Topic: Are there fees to sell on MTGOX? (Read 684 times)

donator
Activity: 2058
Merit: 1054
May 02, 2012, 04:48:39 AM
#5
What else is there to do with bitcoins, other than claiming them for cash?
Mandatory link: https://en.bitcoin.it/wiki/Trade.
sr. member
Activity: 294
Merit: 250
May 02, 2012, 03:50:22 AM
#4
I was wondering if there are exchange fees for using the MTGOX.com service to sell or buy bitcoins.

There are fees at nearly all exchanges.  The fee for selling will vary as higher volumes get a lower rate.  Starting out you are at 0.6%.  There may be additional fees when withdrawing those funds as wel..  For instance, the least method is Dwolla at $0.25 per transaction.  Wire transfers are much more expensive.

What else is there to do with bitcoins, other than claiming them for cash?

Here's a post that describes a ton of different ways people are using bitcoins:
 - https://bitcointalksearch.org/topic/what-are-you-using-bitcoins-for-78755

Thanks for the help, Stephen, I might consider spending the future BTC on investments in the market instead of exchanging!
hero member
Activity: 1596
Merit: 502
May 02, 2012, 03:38:49 AM
#3
Here is the page at the mtgox website with their fees
https://mtgox.com/fee-schedule
legendary
Activity: 2506
Merit: 1010
May 02, 2012, 03:37:06 AM
#2
I was wondering if there are exchange fees for using the MTGOX.com service to sell or buy bitcoins.

There are fees at nearly all exchanges.  The fee for selling will vary as higher volumes get a lower rate.  Starting out you are at 0.6%.  There may be additional fees when withdrawing those funds as wel..  For instance, the least method is Dwolla at $0.25 per transaction.  Wire transfers are much more expensive.

What else is there to do with bitcoins, other than claiming them for cash?

Here's a post that describes a ton of different ways people are using bitcoins:
 - https://bitcointalksearch.org/topic/what-are-you-using-bitcoins-for-78755
sr. member
Activity: 294
Merit: 250
May 02, 2012, 03:14:18 AM
#1
Hi, I am new to the whole bitcoin scheme, but I was wondering if there are exchange fees for using the MTGOX.com service to sell or buy bitcoins. I currently have a 1.8 gigahash machine with 2 5850's and 3 5830's, but was just wondering what I should do with all the BTC once I start making a bit.

What else is there to do with bitcoins, other than claiming them for cash?

-Nick
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