News for hackers. Stuff that matters.

A comment on Bitcoin nearing $800/BTC. Parent comment

Re:Bitcoin nearing $800/BTC by ye on Monday November 18, 2013 @07:44PM (#6758418)
Yeah, you just register on an exchange, deposit your BTC, trade them into USD and withdraw USD.

I just did this with BTC-E.com today.

[ Parent | on HN ]
Re:Bitcoin nearing $800/BTC by Throwadev on Tuesday November 19, 2013 @12:18AM (#6759433)
How long did it take from the time you deposited the BTC to when you got the USD into your bank account?
[ Parent | on HN ]
Re:Bitcoin nearing $800/BTC by ye on Tuesday November 19, 2013 @08:50AM (#6761111)
Trades at the market price are instant.

Withdrawal to a bank - depends on the method you use (SEPA, wire, etc) and the country you're in. From a few hours to a few days.

[ Parent | on HN ]