what is the 5 dimes of Bitcoin? I need a site to sign up and use thats easy

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • gavin
    SBR MVP
    • 07-26-09
    • 1373

    #1
    what is the 5 dimes of Bitcoin? I need a site to sign up and use thats easy
    For someone that computer illiterate ...ive seen the training videos etc but it seems like there are so many bitcoin exchanges? and with that thing in the news lately i dont know what to use
  • OldschoolGambler
    SBR Sharp
    • 09-30-13
    • 402

    #2
    I am also VERY new to this since 5Dimes has no NT now. If I withdraw to Blockchain from 5dimes (is that correct so far?) can I then send that amt to my NT acct since Nt says it accepts Bitcoin? Or do I need some other intermediary?
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 60728

      #3
      Originally posted by OldschoolGambler
      I am also VERY new to this since 5Dimes has no NT now. If I withdraw to Blockchain from 5dimes (is that correct so far?) can I then send that amt to my NT acct since Nt says it accepts Bitcoin? Or do I need some other intermediary?
      If in the USA that sounds correct.

      If you are not in the USA and not using a US licensed exchange like Circle or Coinbase then you don't need the blockchain wallet as intermediary at all.

      Although personally I still use a blockchain wallet anyway, rather than sending from a book direct to an exchange or some other company, because if anything goes wrong I want to be one of the parties directly involved in the transfer.

      Apart from that, check with Neteller how much bitcoin you can send to them at once. They dont let you cash out a whole lot of it.

      If NON-US there is probably better ways to cash it out than Neteller though, depending on your country.
      .
      Comment
      • RonPaul2008
        SBR Hall of Famer
        • 06-08-07
        • 6741

        #4
        NItrogen is the best bitcoin only book

        5Dimes does accept bitcoin, fyi, as do most of the good fiat books
        Comment
        • raiders72001
          Senior Member
          • 08-10-05
          • 11030

          #5
          Originally posted by Optional
          If in the USA that sounds correct.

          If you are not in the USA and not using a US licensed exchange like Circle or Coinbase then you don't need the blockchain wallet as intermediary at all.

          Although personally I still use a blockchain wallet anyway, rather than sending from a book direct to an exchange or some other company, because if anything goes wrong I want to be one of the parties directly involved in the transfer.

          Apart from that, check with Neteller how much bitcoin you can send to them at once. They dont let you cash out a whole lot of it.

          If NON-US there is probably better ways to cash it out than Neteller though, depending on your country.
          Great advice. It's easy to track from your personal wallet but can be a mess tracking from an exchange.
          Comment
          SBR Contests
          Collapse
          Top-Rated US Sportsbooks
          Collapse
          Working...