Topic: There has to be a better way (getting USD to BTC) - page 5. (Read 4848 times)
Have you tried bitinstant.com ?
Bear with me, I took about a year hiatus from Bitcoin so I'm probably a little unfamiliar with some of the changes but dear God the amount of hoops I have to jump through to get $$$ to Gox is ridiculous.
This has been my journey over the last few WEEKS.
1. Already had an established Dwolla account linked to my bank from prior fundings to MtGox.
2. Try to fund, MtGox says they need to verify me. Send a picture ID and another form of verification. Alright, anti-money laundering I get it, that's fine. Send requested information. About a week to week and a half later am finally verified.
3. Start transfer from my bank to Dwolla on Jan 18th. Funds will not clear until the 25th, SEVEN days later. Okay there's a US holiday in there but still, way too long for an ACH.
4. Finally today, weeks into the process, I'm ready to send funds to MtGox via Dwolla (which is giving me a disclaimer that it may take up to 24hrs to credit). Oh nope sorry, now Dwolla needs a copy of my photo ID because the receiving party has requested it, blah blah blah. Seriously? I just spent over a week verifying myself with them and now I have to do it again? Another 1-2 business days.
Please tell me there are better options. I don't want to do an international wire due to the high fees. I realize once I'm verified by everyone on the planet the process will be shorter but it's still going to take about a week between Dwolla releasing funds and then MtGox verifying. I can't do the local bitcoins thing, no one in my area. I also don't think I can do the option where you walk into select stores and pay via cash (none of the stores look familiar to me so I don't think there are any in the state).
This has been my journey over the last few WEEKS.
1. Already had an established Dwolla account linked to my bank from prior fundings to MtGox.
2. Try to fund, MtGox says they need to verify me. Send a picture ID and another form of verification. Alright, anti-money laundering I get it, that's fine. Send requested information. About a week to week and a half later am finally verified.
3. Start transfer from my bank to Dwolla on Jan 18th. Funds will not clear until the 25th, SEVEN days later. Okay there's a US holiday in there but still, way too long for an ACH.
4. Finally today, weeks into the process, I'm ready to send funds to MtGox via Dwolla (which is giving me a disclaimer that it may take up to 24hrs to credit). Oh nope sorry, now Dwolla needs a copy of my photo ID because the receiving party has requested it, blah blah blah. Seriously? I just spent over a week verifying myself with them and now I have to do it again? Another 1-2 business days.
Please tell me there are better options. I don't want to do an international wire due to the high fees. I realize once I'm verified by everyone on the planet the process will be shorter but it's still going to take about a week between Dwolla releasing funds and then MtGox verifying. I can't do the local bitcoins thing, no one in my area. I also don't think I can do the option where you walk into select stores and pay via cash (none of the stores look familiar to me so I don't think there are any in the state).
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