I put $9,000 into a new Dwolla account. 30-Day Probation Period?

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: hybrid on March 29, 2013, 03:19:21 PM

I would like to exchange my $9000 to USD in the shortest amount of time possible. What is the best way I could go about doing this?

Withdraw from Dwolla back to your bank. Send a bank wire.

Sucks I realize, but you asked for "shortest amount of time possible".

You might find some traders for smaller amounts on the MtGox <--> Dwolla thread here on the forum or on #bitcoin-otc. I'm not sure if Camp BX is also on the list of exchanges you aren't able to use for the 30 days but you could try.

farlack

legendary

Activity: 1311

Merit: 1000

Eh I hate trusting dwolla and or moneybookers with money, I fear they will freeze me before I can do anything with it.

Good luck O.o

repentance

hero member

Activity: 868

Merit: 1000

Are you in the US? If so, CoinLab should be servicing you before the 30 day period is up.

I'd like to know whether this probation period is still going to apply once CoinLab starts servicing US/Canadian accounts but CoinLab's silence is deafening right now.

infested999

hero member

Activity: 854

Merit: 500

Most exchanges accept a direct bank wire (3 day delay) for a $20 fee.

hybrid

newbie

Activity: 16

Merit: 0

I have USD $4,000.00 in my Dwolla account that I set up last week, and an additional $5000.00 that is pending and should be deposited by Monday. I did not fully read up on using Dwolla to buy bitcoins (I just took recommendations from this forum) and now I have learned that Dwolla apparently has a 30 day probationary period for transfers to certain high-risk merchants such as MtGox. I cannot afford to wait that long, as the price will likely continue to increase rapidly.

I would like to exchange my $9000 to USD in the shortest amount of time possible. What is the best way I could go about doing this?

By Monday all $9000 should be in my Dwolla account, but if I could transfer the $4000 that I have now, that would be even better.

Topic: I put $9,000 into a new Dwolla account. 30-Day Probation Period? (Read 1074 times)