BItcoin help needed.

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  • dculh
    SBR Rookie
    • 12-28-05
    • 47

    #1
    BItcoin help needed.
    Hi. I live in California and sports betting is still not legal so I continue to bet off shore. I tried to send funds today via COINBASE but they are placing a 7 day hold before I can send it. Are there any other legit bitcoin companies that won't put a hold? I usually reup my account between $500-$800 so we are not talking about big money. I"m going to send the funds to heritagesports as I have always been able to get a payout within 24 hours when I want one.

    Any help will be greatly appreciated. Bottom Line: I want to be able to sign up and buy and send the bitcoin within an hour with no problems.

    Thank you.
  • ChuckyTheGoat
    BARRELED IN @ SBR!
    • 04-04-11
    • 37740

    #2
    I won't claim to have expertise on this. But I can say that Coinbase MIGHT not like coins going directly to a sportsbook (if they identified it as such).

    Best practice USED TO be sending coins to a wallet as an intermediary. Then send it to the sportsbook. Others can chime in and say if I'm way out of date on that.

    As for other Exchanges? I can say that I hate these exchanges. I do think that Gemini has a pretty good reputation.
    Where's the fuckin power box, Carol?
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 61939

      #3
      Originally posted by dculh
      Hi. I live in California and sports betting is still not legal so I continue to bet off shore. I tried to send funds today via COINBASE but they are placing a 7 day hold before I can send it. Are there any other legit bitcoin companies that won't put a hold? I usually reup my account between $500-$800 so we are not talking about big money. I"m going to send the funds to heritagesports as I have always been able to get a payout within 24 hours when I want one.

      Any help will be greatly appreciated. Bottom Line: I want to be able to sign up and buy and send the bitcoin within an hour with no problems.

      Thank you.
      All legit US exchanges are likely to to not want to deal with you if they are forced to know you are sending to a non US licensed bookmaker.

      They are not hot about it anymore but if something comes up they cant ignore you will have your account limited.

      I think Heritage have a method where you can buy bitcoin to deposit direct through their cashier if that is your only book.

      .
      Comment
      • ChuckyTheGoat
        BARRELED IN @ SBR!
        • 04-04-11
        • 37740

        #4
        Thanks for the info, Opti!
        Where's the fuckin power box, Carol?
        Comment
        • raiders72001
          Senior Member
          • 08-10-05
          • 11172

          #5
          MoonPay debit/credit card but there is a fee. If you buy ACH, they all have a delay. Most sportsbooks allowing BTC purchases use MoonPay.
          Comment
          • ChuckyTheGoat
            BARRELED IN @ SBR!
            • 04-04-11
            • 37740

            #6
            Originally posted by raiders72001
            MoonPay debit/credit card but there is a fee. If you buy ACH, they all have a delay. Most sportsbooks allowing BTC purchases use MoonPay.
            Hi, Raiders. I looked at MoonPay. Looks like a pretty solid outfit.

            I was going to sign up, but declined. They can fk-off with all the KYC documents.
            Where's the fuckin power box, Carol?
            Comment
            • Wild-Oscar
              SBR Rookie
              • 09-17-24
              • 35

              #7
              Get a cold wallet and eliminate the go betweens not to mention the security benefits of storing your own keys.
              Comment
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