MtGox/IRC mtgox

This page is updated with common questions we receive in the #mtgox support channel on freenode.net. I do not work for MtGox nor am I receiving any financial gain or special treatment for this page. Just helping out. (Delerium)

Known Issues

21/06/2013 Clarity on USD Withdrawls + More! - Very informative post by Mt.Gox PR Team. Keep up the good work!

20/06/2013 USD Withdrawls - Please see this announcement from Mt Gox. All other currencies are unaffected by these delays. NOTE: The issue is that the bank software can not currently handle the number of transactions sent by Gox. No need to panic, it is being sorted by them and they are also looking at alternative banking partners.

18/06/2013 BTC Withdrawls - We have a small issue whereby some withdrawls may not appear immediatley and will take some time before the system retries. Rest assured they will appear in time.

General MtGox Support Helpdesk

Open a ticket on http://support.mtgox.com/

General FAQ's can be found here: https://support.mtgox.com/entries/20195237-General-Questions

Media

This isn't an exhaustive list of news but if something of note appears, i'll try and add here.

20/06/2013 - MtGox Update their buy/sell webpage form with a confirmation box!!! Great news for those that mistype or misclick (like me)

20/06/2013 - Clarity on USD Withdrawls from Mt Gox

08/06/2013 - Another Obvious Fud Does the Rounds Date is a Sunday not Saturday and IP address numbers cant go up to 523 - failfud.

04/06/2013 - Statement Regarding Technocash Transfers

03/06/2013 - Turkish People are Closing Their Bank Accounts In Protest of their Government and Media Censorship'

30/05/2013 - Mt.Gox Statement Regarding Account Verifications

30/05/2013 - Liberty Reserve arrests are causing 'pain' to criminals

28/05/2013 - OK Pay to Withdraw Bitcoin Support to all Exchanges

23/05/2013 - Raids force Liberty Reserve offline More Links

Trading Questions

Q. Is there a limit to open orders per account?

Yes, 200.

Q. How are people submitting the same order on all currency trading books?

They aren't. There is only one order book, the orders you see on one currency specific order book are also on all currency order books. There is a 2.5% currency conversion fee (added into the price). Eg. If someone buys in GBP from someone selling their BTC in EUR then the price of the EUR order appears in the order book as the price converted to GBP+2.5%.

Deposits

Funds deposited with Mt.Gox must come from the bank account with the name that matches the owner of the Mt.Gox account. Furthermore, funds may only be withdrawn to an account that is under the Mt.Gox account owner`s own name, except where transferring Bitcoins or other non-fiat currencies.

Withdrawls

Q. What's the process of transferring BTC out of mt.gox into to another person's wallet?

You buy btcs with your currency then goto https://mtgox.com/trade/funding-options#withdraw, choose Bitcoins

Q. How much does it cost to withdraw from Mt Gox?

http://bitcoin.stackexchange.com/questions/10207/around-eur-40-to-withdraw-from-mtgox

Q. How long does it take to receive money when withdrawing using SEPA?

The limits on mtgox's polish bank account limit the volume of SEPA transfers they do, so you might be stuck in the queue for a while, especially with larger transfers. If you need the money fast, use international transfer option.

Verification

Q. How do I verify with no utility bills?

A "certificate of residence" would do in this instance. If it is not in english, it may require an official translation to be accompanied with it.

What is a Bitcoin and how does it work?

A good series of videos from BitcoinTacticat is doing the rounds explaining bitcoins in plain english.

Video Link