Ok so just made my first ever bitcoin deposit to bookmaker from a site called Shakepay. Im Canadian and have CDN funds in bookmaker but also have USD funds at YouWager. Do i need two dif wallets or exchanges because of the us and canadian funds at the sportsbooks or once i request the bitcoin payout it just bitcoin and gets converted . Im so confused. Also do i send it from the book to the exchange first then to the wallet or vice versa? Should i stick with shakepay ? ive opened a coinbase and blockchain also that i can use. If you can please reply with what i should do and in what steps. Also is it true that i cant send from blockchain to my bank. Any other options for wallets or exchanges are welcome. Keep in mind i live in Canada if that matters in this whole process.
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Bitcoin payouts from sportsbooks are sent in BTC (not in CDN or USD).
You want to go from exchange to third party wallet to sportsbook. Withdrawals would be sportsbook to third party wallet to exchange.
You would usually sell BTC for currency on an exchange, and then transfer it to your bank.Comment -
A few Canadains here use Shakepay and say they like it.
Bookmaker and Youwager will both automatically convert your USD/CAD withdrawal amounts to Bitcoin for you.
Send from each bookmaker to your personal Blockchain wallet
Then send from there to Shakepay.
In reverse Shakepay>Blockchain>Bookmaker
It's possible to skip the blockchain personal wallet in the middle and just go direct to and from Shakepay to your books, but we generally don't recommend that.
Wait until some Canadians see your thread to get some advice on what they do with Shakepay transfers before you do skip it..Comment
