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I'm not sure I asked my question clearly enough: How easy is it to withdraw BTC from MtGox?
by japhyr 13y ago
I'm not sure I asked my question clearly enough:
How easy is it to withdraw BTC from MtGox?
- yebyen 13y agoWithdraw BTC? Very easy. I've kept US$100 there for some time, I just traded it to BTC to answer your question and withdrew it, took less than two minutes once I found my password. No problem at all. Except I could have got the same thing done at Coinbase for only $92.
- yebyen 13y agoThe fees involved as a customer with no recent volume history and no discount were... trade fee: 0.00050189 BTC (0.45% of 0.11153096 BTC@$919.82263) 0.00100000 BTC (network fee, fixed 0.001 for small tx(?)) Final value of $101: 0.11002908 BTC Value at Coinbase: $90.03 after fees of $0.91 (1%) and $0.15 I didn't transmit the coins to Coinbase, so I can't say what the network fee would be to do that, but I think larger tx with longer coin-age (the time since coin moved last) are exempt from those network fees. Presumably if your goal is to unload them at Coinbase, you would send them straight to Coinbase and pay only one network fee.