do you withdraw to your coinbase account or Bitcoin Wallet?

[gavin]

I have no idea...bitcoin is confusing

[ace7550]

There's a thread that should answer all your questions at the top of the bitcoin sports betting section

[5mike5]

I send to wallet.

But thats what I have always done

[gavin]

thanks. i tried it to the wallet

[bitcoinLuke]

Are you talking from a sportsbook? If so, I wouldnt withdraw straight to coinbase....they might ban your account. Withdraw from sportsbook to blockchain, exodus, electrum wallet, then send to coinbase to cash out

[DwightShrute]

sportsbook ---> blockchain or airbitz or mycellium or whatever ---> coinbase

https://www.youtube.com/watch?v=zRm1SiQv_ow

https://www.youtube.com/watch?v=9mYvqlhzF0A&t=7s

[bitcoinLuke]

sportsbook ---> blockchain or airbitz or mycellium or whatever ---> coinbase

https://www.youtube.com/watch?v=zRm1SiQv_ow

https://www.youtube.com/watch?v=9mYvqlhzF0A&t=7s

Must be an echo in here

[LT Profits]

I go one better:

Sportsbook ---> Blockchain ---> Kraken exchange ---> Coinbase

That way if Coinbase ever questions you, you have the built-in excuse of being trader at Kraken,

[DwightShrute]

I go one better:

Sportsbook ---> Blockchain ---> Kraken exchange ---> Coinbase

That way if Coinbase ever questions you, you have the built-in excuse of being trader at Kraken,

[themike78]

Or you could save yourself some money and not use coinbase at all. They are a complete scumbag company that does not care about it's customers. Trust me.

[Goatman]

Or you could save yourself some money and not use coinbase at all. They are a complete scumbag company that does not care about it's customers. Trust me.

I too am done with Coinbase. Before I sign up for Kraken, do they have a referral program like Coinbase does, with a small bonus for both parties? Just curious.

[dlowilly]

Yeah coin base is a ripoff

What about bitcoin from sbr? Should we go through blockchain then to bits tamp or straight to bitstamp?

[5mike5]

I don't even mess with any exchanges.

book to blockchain wallet to bitpay card

[MeanPeopleSuck]

I too am done with Coinbase. Before I sign up for Kraken, do they have a referral program like Coinbase does, with a small bonus for both parties? Just curious.

You're absolutely right to dump Coinbase -- they're the direct defendant in a lawsuit by the IRS to get YOUR trading records.

But Kraken has a lousy reputation in the bitcoin community, too. Their charts are hard to read, they constantly break down and their live markets aren't very live. Instead, you might want to consider:

1. https://www.bitstamp.net/ -- If you're not concerned about alt coins (they only trade BTC, XRP, LTC and ETH) and don't mind a lack of margin trading and short selling, then Bitstamp's a great option. They're fully EU regulated, incorporated in Luxembourg and operate out of Slovenia, so they're completely independent of whatever precedent gets set in the IRS vs Coinbase decision.

2. https://www.bitfinex.com/ -- If you're not located in the US, Bitfinex allows completely anonymous trading. They offer about 15 alts, margin and short trading.

3. https://bittrex.com/ -- If you like alt coins, Bittrex is THE place to be, offering over 100 coins. They're US based, so they will be subject to the precedent set in IRS vs Coinbase, but they allow some small stakes anonymous trading. If you verify your ID, they also offer margin and short selling.

[MeanPeopleSuck]

thanks. i tried it to the wallet

Bitcoin definitely is confusing at the beginning. Did your problem get fixed? If not, pm me, I'll be happy to walk you through it.

[soxwin1917]

I don't even mess with any exchanges.

book to blockchain wallet to bitpay card

But to be fair, you know s'little about BTC.

[Goatman]

You're absolutely right to dump Coinbase -- they're the direct defendant in a lawsuit by the IRS to get YOUR trading records.

But Kraken has a lousy reputation in the bitcoin community, too. Their charts are hard to read, they constantly break down and their live markets aren't very live. Instead, you might want to consider:

1. https://www.bitstamp.net/ -- If you're not concerned about alt coins (they only trade BTC, XRP, LTC and ETH) and don't mind a lack of margin trading and short selling, then Bitstamp's a great option. They're fully EU regulated, incorporated in Luxembourg and operate out of Slovenia, so they're completely independent of whatever precedent gets set in the IRS vs Coinbase decision.

2. https://www.bitfinex.com/ -- If you're not located in the US, Bitfinex allows completely anonymous trading. They offer about 15 alts, margin and short trading.

3. https://bittrex.com/ -- If you like alt coins, Bittrex is THE place to be, offering over 100 coins. They're US based, so they will be subject to the precedent set in IRS vs Coinbase, but they allow some small stakes anonymous trading. If you verify your ID, they also offer margin and short selling.

Very helpful information, MPS! Many thanks!

[MeanPeopleSuck]

Very helpful information, MPS! Many thanks!

Anytime, my friend. It's a team effort!