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If you're thinking about trading bitcoin, I would suggest you don't use MtGox. It has problems with withdrawals of USD, and hence has an inflated bitcoin price
by kristianp 13y ago
If you're thinking about trading bitcoin, I would suggest you don't use MtGox. It has problems with withdrawals of USD, and hence has an inflated bitcoin price compared to other exchanges [1]. Once your money is in there, the only fast way to get your money out is to withdraw bitcoin, hence the disparity.
[1] http://www.cryptocoincharts.info/#jump-btc-usd http://www.cryptocoincharts.info/#jump-btc-usd
- foobarqux 13y agoSo what exchange should you use? And what type of assurances do they have in terms of not losing your money?