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Topic: Which is better for using Dwolla with...Mt. Gox or CampBX? (Read 838 times)

legendary
Activity: 2506
Merit: 1010
I have a Verified/Premier Paypal account and anytime I purchase something or make a deposit, the money is taken instantly from my bank account and I don't have to wait for it

Presuming that since you are a Dwolla user that your PayPal account is linked to a bank in the U.S.   What PayPal is doing is advancing to your account the money while behind the scenes it performs the ACH bank transfer.  That is a service they offer because bank transactions take so long.

...so if I use Dwolla to make a deposit at Mt. Gox or CampBX with my bank account, will the money be deposited instantly like Paypal? Or will I have to wait days for the deposit?

There is probably a two to four business day wait after you enter the transaction on Dwolla to add funds.

Dwolla does have "Dwolla Instant" which is like a loan that you pay $3 a month for, and are supposed to pay it back by transferring in funds from your bank.  This will give you immediate access of up to $500 (after passing their credit check application form).  Dwolla Instant is not available in the State of Vermont.

- http://help.dwolla.com/customer/portal/articles/433827-instant-faq
newbie
Activity: 52
Merit: 0
My Dwolla account has finally had the 30-day limit lifted and I'm wondering which service Dwolla users prefer to use....Mt. Gox or CampBX? I have already had my Mt. Gox account verified so it's ready to go but I'm wondering which service provides the better experience? Which one is faster when it comes to Dwolla deposits? I will be using Dwolla to deposit money from my bank account and then I will be buying BTC to send to my Bitcoin Wallet Address....so that's all I will be using the service for.

One more question...Does Dwolla work like Paypal when it comes to depositing money at different places? What I mean is...I have a Verified/Premier Paypal account and anytime I purchase something or make a deposit, the money is taken instantly from my bank account and I don't have to wait for it...so if I use Dwolla to make a deposit at Mt. Gox or CampBX with my bank account, will the money be deposited instantly like Paypal? Or will I have to wait days for the deposit?

Thanks guys, sorry for bothering you all with these questions  Smiley
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