Cex.io Bitcoin Withdraw Question

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  • Bardownbums86
    SBR Rookie
    • 12-13-16
    • 46

    #1
    Cex.io Bitcoin Withdraw Question
    Hello, I am new to the Bitcoin game (I know, late to the party). However, I completed a deposit via CEX.IO, they took the money from my debit card that is linked up, directly to my bookmaker account. Now that it is time to withdraw some funds, what route do I take? I will note that I do have a Coinbase account as well, although I have heard that they have a gambling clause which could be a headache.

    I appreciate any help you guys can offer. I am starting to get used to bitcoin but still not fully comfortable, especially when thousands of dollars are seemingly floating around in space.
  • raiders72001
    Senior Member
    • 08-10-05
    • 11076

    #2
    Originally posted by Bardownbums86
    Hello, I am new to the Bitcoin game (I know, late to the party). However, I completed a deposit via CEX.IO, they took the money from my debit card that is linked up, directly to my bookmaker account. Now that it is time to withdraw some funds, what route do I take? I will note that I do have a Coinbase account as well, although I have heard that they have a gambling clause which could be a headache.

    I appreciate any help you guys can offer. I am starting to get used to bitcoin but still not fully comfortable, especially when thousands of dollars are seemingly floating around in space.
    Withdraw to a bitcoin wallet such as blockchain.com or electrum. Then send from your wallet to cex.io or Coinbase.
    Comment
    • Bardownbums86
      SBR Rookie
      • 12-13-16
      • 46

      #3
      Originally posted by raiders72001
      Withdraw to a bitcoin wallet such as blockchain.com or electrum. Then send from your wallet to cex.io or Coinbase.
      Thank you, how long do those transfers usually take and are there fees?
      Comment
      • raiders72001
        Senior Member
        • 08-10-05
        • 11076

        #4
        Originally posted by Bardownbums86
        Thank you, how long do those transfers usually take and are there fees?
        Fees are very low for transfers right now and transfers are fast. That's not always the case. I paid 37 cents on my last transaction today and got 6 confirmations within a hour. 6 confirmations are the most that anyone will need to credit, normally 1-3.

        I don't know how long Bookmaker transactions are taking right now. Hopefully someone else will jump in.
        Comment
        • Optional
          Administrator
          • 06-10-10
          • 61134

          #5
          Bookmaker does not require confirmation AFAIK.

          But he is talking about a withdraw not a deposit I think anyway?
          .
          Comment
          • Bardownbums86
            SBR Rookie
            • 12-13-16
            • 46

            #6
            Originally posted by Optional
            Bookmaker does not require confirmation AFAIK.

            But he is talking about a withdraw not a deposit I think anyway?
            Yes, deposit. I would like to use blockchain I just don’t know if I will have an issue as I reside in Florida. I read that the service isn’t available here? However, I was able to create a profile and verified my phone and email.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61134

              #7
              Originally posted by Bardownbums86

              Yes, deposit. I would like to use blockchain I just don’t know if I will have an issue as I reside in Florida. I read that the service isn’t available here? However, I was able to create a profile and verified my phone and email.
              Blockchain wallet has no restrictions on who may use it I do not think.
              .
              Comment
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