Author

Topic: MT. Gox Arbitrage Service (Read 1026 times)

hero member
Activity: 518
Merit: 500
January 19, 2014, 10:53:54 AM
#12
I heard that a lot of people is getting delay in withdraw from Gox, so I have a Japanese account, I can transfer fiat out to people who need to withdraw.

How long does Gox take to pay out to Japanese bank accounts?

No idea, I guess I should test that out first.

Would be a good idea  Smiley

lol - yes a very good idea before advertising a service Smiley

I've got a Japanese friend in Tokyo, he says the number of staff at Gox is "tiny", so it may take weeks to process Japanese bank account withdrawals as well. He's getting verified at the moment, that is taking weeks .... but hey, this is gox

So this is pointless than?

We haven't found out yet. Once he is verified, and can start trading, we will find out how quickly gox process internal fiat withdrawals. Until then, unknown.
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
January 19, 2014, 07:28:48 AM
#11

So this is pointless than?

You may decide, it is your privilege. It must be a good idea to provide such service for others Wink
sr. member
Activity: 280
Merit: 250
January 19, 2014, 07:14:40 AM
#10
I heard that a lot of people is getting delay in withdraw from Gox, so I have a Japanese account, I can transfer fiat out to people who need to withdraw.

How long does Gox take to pay out to Japanese bank accounts?

No idea, I guess I should test that out first.

Would be a good idea  Smiley

lol - yes a very good idea before advertising a service Smiley

I've got a Japanese friend in Tokyo, he says the number of staff at Gox is "tiny", so it may take weeks to process Japanese bank account withdrawals as well. He's getting verified at the moment, that is taking weeks .... but hey, this is gox

So this is pointless than?
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
January 19, 2014, 07:14:01 AM
#9
how can I start an arbitrage service?

No idea, I guess I should test that out first.

Not necessarily Grin

Do you plan to do it for yourself, personal service or business?
If you plan for business, you'd better to make sure your account is a business account.

If it is personal, which currency can you convert? Please PM then I'll let you know my bank account then. BTC to your MtGOX account follows after confirming your wire transfer as usual manner. Thanks  Smiley
hero member
Activity: 518
Merit: 500
January 19, 2014, 05:59:49 AM
#8
I heard that a lot of people is getting delay in withdraw from Gox, so I have a Japanese account, I can transfer fiat out to people who need to withdraw.

How long does Gox take to pay out to Japanese bank accounts?

No idea, I guess I should test that out first.

Would be a good idea  Smiley

lol - yes a very good idea before advertising a service Smiley

I've got a Japanese friend in Tokyo, he says the number of staff at Gox is "tiny", so it may take weeks to process Japanese bank account withdrawals as well. He's getting verified at the moment, that is taking weeks .... but hey, this is gox
full member
Activity: 154
Merit: 100
January 19, 2014, 02:33:30 AM
#7
I heard that a lot of people is getting delay in withdraw from Gox, so I have a Japanese account, I can transfer fiat out to people who need to withdraw.

How long does Gox take to pay out to Japanese bank accounts?

No idea, I guess I should test that out first.

Would be a good idea  Smiley
sr. member
Activity: 280
Merit: 250
January 19, 2014, 12:02:19 AM
#6
I heard that a lot of people is getting delay in withdraw from Gox, so I have a Japanese account, I can transfer fiat out to people who need to withdraw.

How long does Gox take to pay out to Japanese bank accounts?

No idea, I guess I should test that out first.
hero member
Activity: 518
Merit: 500
January 18, 2014, 10:52:49 PM
#5
I heard that a lot of people is getting delay in withdraw from Gox, so I have a Japanese account, I can transfer fiat out to people who need to withdraw.

How long does Gox take to pay out to Japanese bank accounts?
sr. member
Activity: 280
Merit: 250
January 18, 2014, 10:19:44 PM
#4
I heard that a lot of people is getting delay in withdraw from Gox, so I have a Japanese account, I can transfer fiat out to people who need to withdraw.
hero member
Activity: 518
Merit: 500
January 18, 2014, 10:11:48 PM
#3
I got a Japanese bank account, how can I start an arbitrage service?  Huh

What do you mean exactly? Arb between what and what?
hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
January 18, 2014, 09:49:47 PM
#2
I remember I invested in a security like this, it was listed on Cryptostocks.  Cheesy

You must have both Bitcoins and fiat ready to exchange, so that there is less risk but more profit. For example, sell your Bitcoins on Mtgox and buy Bitcoins by fiat on BTC-e at the same time. It locks in the profit for that time, but transferring them back and forth can be costly or time consuming. Best of luck! Smiley
sr. member
Activity: 280
Merit: 250
January 18, 2014, 07:19:09 PM
#1
I got a Japanese bank account, how can I start an arbitrage service?  Huh
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