Need Help Understanding Bitcoin Process

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  • KDOWNS
    SBR High Roller
    • 12-08-16
    • 135

    #1
    Need Help Understanding Bitcoin Process
    I have a coinbase account with Bitcoins in it, which I have been using to withdraw, and deposit.

    I also have an airbitz account that I have not used yet.

    Should I be sending address to airbitz, then to the book? How long would this take to see money into account?, or just send from my coinbase account right to book which has been working fine so far.

    Withdraws? Do I do the same, but backwards? I have been withdrawing right into my coinbase account, but leaving bitcoins in, and not sending right away to bank account, only one time I sent it and that was maybe a day or 2 after I received payout. I also do send to my Bitpay card once in a while from coinbase, is that ok to do?

    I want to make sure I am doing this right. Thanks in advance for the help
  • LT Profits
    SBR Aristocracy
    • 10-27-06
    • 90963

    #2
    You should never go direct from Coinbase to book or book to Coinbase. That makes it much easier for Coinbase to identify those as gambling transactions.
    Comment
    • SBR Forum
      Administrator
      • 12-02-06
      • 4558

      #3
      Originally posted by LT Profits
      You should never go direct from Coinbase to book or book to Coinbase. That makes it much easier for Coinbase to identify those as gambling transactions.
      Also, check out SBR Natalie's bitcoin tutorial: http://www.sportsbookreview.com/foru...-tutorial.html
      Comment
      • KDOWNS
        SBR High Roller
        • 12-08-16
        • 135

        #4
        Got it thank you
        Comment
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