Topic: SEPA Account Transition and General Announcements (Read 3565 times)

Hi,
do someone know any news about TradeHill's SEPA account?I'm trying to contact TradeHill's admin but i don't receive replay.
Thank you for your attention to this matter.

To my surprise, I looked this up and it is true! 
http://www.sust-it.net/europe_energy_costs.php
Although in the UK, France, and eastern Europe, the cost is much lower, which is why I never noticed.  Also I am not convinced that Europeans need to be able to mine profitably in order to use bitcoins.

No wonder. Europeans on average pay VERY high energy costs. So, they won't be a large enough group to play a more prominent role.

How is mtgox still the number 1 when they don't allow SEPA withdrawal either?

How is trade still the number 2 exchange by volume when this is happening?

(edit: iPad autocorrect)

They probably don't have a bank that allows them to do SEPA.

Can someone please explain to me what's the point in removing support for sepa withdrawals? Afaik sepa is reversible and that's why it makes sense not to use it for deposits, but what could I do when withdrawing, return the money? It makes no sense.

sorry, but there are any news about SEPA account?i'm waiting about 3 month to withdraw my money...this waiting is unacceptable

Watching

Good news!  We had been awaiting physical receipt of the banking tools, which arrived today!  We have faxed receipt confirmation back to the bank, who will then enable the banking capabilities.  After some test transfers, we'll be opening the SEPA transfer method back up for Deposits and Withdrawals, prioritizing any pending requests in the system.  We understand the frustration, obviously this has taken much longer than the anticipated timeline.  However this option should be available in a matter of days!

As I don't want to hijack this thread I'll send you a PM.

Any suggestions?

Mtgox offers SEPA deposits for verified accounts only.

I don't know what people are talking about in this thread. Mt. Gox has had SEPA ever since the big update. It's only deposits so I do understand the problem if you are looking for ways to withdraw. They should be adding SEPA withdraw any day now though.

www.bitstamp.net offers sepa transfers. There is not much liquidity, but I noticed that there are more buy orders than sell orders. If you want to sell bitcoins and withdraw to SEPA account, bitstamp is very good place to do it (you will probably get more for your bitcoins). If you want to buy bitcoins you will have to wait some time for someone to sell.

Take a look at their order book...

I have used the exchange several times and I had no problems with getting my money in and out (like I had with mtgox).

Seems the Tradehill people lost their interest in bitcoin. At least by judging their activities lately...


Just did my first trade there. This site is not as comfortable as MtGox or Tradehill but as long they are the only ones offering SEPA I won't mind.

Intersango's SEPA account has been open this entire time.

And just FYI to quote the SEPA rulebook.

I have relationships with many of the exchange owners, wallet makers, and bitcoin entrepreneurs: I asked.

Well, how do you know exactly? We were told it's "a matter of days only" and "we've given all the paperwork to the bank" few weeks ago.

I've found an alternative in the meantime. Try bitmarket.eu - it's less comfortable, but the money transfer works directly, w/out an intermediary. Best part: no commission!

SEPA transfers should be available again in a matter days.

Yeah, it would be good to have some news on the SEPA front, since deposits to mtgox are taking ages. bitstamp.net could be an option, but the volume there is so ridiculously low that it is not very usable.

Any news on this?

Thanks for the update, Darren.

Hello Pontius,

Apologies about the delayed reply on the blog, I have updated this information there as well.  We have submitted all of our paperwork to the bank, and are awaiting their approval.  Once the bank approves the paperwork, we will re-open SEPA deposit and withdrawal with new account information.

API testing is still on hold for an indefinite period of time, however or normal API is fully functional.

As always, you can e-mail us at [email protected] with questions or concerns.

Any updates on this (SEPA & API)?

(BTW, I was asking the same question four days ago on http://tradehillblog.com but my comment is still waiting for moderation.  )

Send an email to [email protected] and we will find a way to cash you out if you want to withdraw. If you want to deposit funds you can use Paxum or OKPAY. You can always buy BTC and move them out.

Thanks,
TradeHill

What happens to EUR that is already deposited at Tradehill?
.

SEPA Account Transition

We are currently in the process of changing SEPA accounts. We expect this transition to require less than two weeks to complete. In the mean time, EUR deposits and withdrawals will be available ONLY via Paxum or OK PAY.

== We will no longer be accepting SEPA deposits to the former account ==

We will keep you updated on the blog and send an announcement via email to our European customers once the new account is prepared.

We apologize for the interruption in service and appreciate your patience.

OK PAY

We are currently accepting OK PAY for USD and EUR deposits and withdrawals. OK PAY supports a variety of ways to fund your account, including:
Deposits: Wire Transfer, SofortBanking, DaoPay, Liberty Reserve, LiqPay, CashU, Perfect Money, UWCFS,      Yandex Money, RBK Money, Qiwi, CONTACT, and Migom.

Withdrawals: Wire Transfer, CONTACT, Migom, OK PAY Debit Card, as well as a variety of currency      exchange partners.
At this time we do not support payments methods that are funded through any potentially charge back-able method such as Credit Card or Money Bookers.

API Testing on Hold

We are currently putting API testing accounts on hold. We will keep you updated via email and the blog about when testing will resume.

Thanks again, happy Bitrading, and feel free to reach out to us if you have any additional questions at: [email protected] .

Regards,

The TradeHill Team