Maybe there is a better UK based bitcoin currency exchange. Perhaps someone can link one.
Don't think MT GOX accept paypal.
The charge for Llloyds wire trasfers are £20 in branch or £10 if done online. Thats from a personal account.
Topic: MT Gox Fees...UK based question (Read 508 times)
Don't think MT GOX accept paypal.
The charge for Llloyds wire trasfers are £20 in branch or £10 if done online. Thats from a personal account.
not a problem...tbh seems the best way round the situation, guy who made the site is a member here, but forget who
Thanks for this info...v helpful.
Maybe there is a better UK based bitcoin currency exchange. Perhaps someone can link one.
Hold on son...
Would it not make sense to BACS it into a paypal, then whack it over to Japan? At least that way, you get rid of a tenner of the charges.
Also, there's a couple of banks that don't charge as much for wire transfers. Plus, £10 seems more like the charge for a business account. AFAIK the charge for a personal debit with lloyds is £4...
Would it not make sense to BACS it into a paypal, then whack it over to Japan? At least that way, you get rid of a tenner of the charges.
Also, there's a couple of banks that don't charge as much for wire transfers. Plus, £10 seems more like the charge for a business account. AFAIK the charge for a personal debit with lloyds is £4...
Yes I think this is high.
None of us can avoid the MT Gox fees, so I guess they'll always be there, but I was kinda hoping this post would prompt responses from other UK bitcoin traders who may explain a cheaper/faster way to do this.
None of us can avoid the MT Gox fees, so I guess they'll always be there, but I was kinda hoping this post would prompt responses from other UK bitcoin traders who may explain a cheaper/faster way to do this.
Try another method man
try this :-
http://www.bitcoinuk.blogspot.co.uk/
http://www.bitcoinuk.blogspot.co.uk/
29 pound -> 3% So high? 
Hi,
Just trying to figure out exactly what my fees will be for each transaction.
So far I have calulated it as follows:
£10 Wire transfer fee (charged by Lloyds TSB)
£7ish (1000yen) Receiving fee by Japanese bank
0.6% Buying (trading) fee charged by MTGOX (so on £1000 trade) is £6
0.6% Selling (trading) fee charged by MTGOX (so on £1000 trade is £6
so on a £1,000 investment, it will cost me £29
Also, to get the money back into my English bank account, will I pay any further fees from MTGOX or Japanese bank to get the money back in GBP to my LloydsTSB account?
Just trying to figure out exactly what my fees will be for each transaction.
So far I have calulated it as follows:
£10 Wire transfer fee (charged by Lloyds TSB)
£7ish (1000yen) Receiving fee by Japanese bank
0.6% Buying (trading) fee charged by MTGOX (so on £1000 trade) is £6
0.6% Selling (trading) fee charged by MTGOX (so on £1000 trade is £6
so on a £1,000 investment, it will cost me £29
Also, to get the money back into my English bank account, will I pay any further fees from MTGOX or Japanese bank to get the money back in GBP to my LloydsTSB account?
Jump to: