[Underdog1986]

So I opened up a Coinbase account several weeks ago and then just started withdrawing Bitcoin from my account to my bank but now Coinbase prompts me with a message "before you must complete this sell you must provide more info"

Is this something to be worried about to put in more of my info...it was easy at first to withdraw a couple thousand at a time, now I get this message and can't withdraw..any input guys?

[Underdog1986]

Also for info do you say you use this as investing of business?

[Underdog1986]

It seems no one has ever had this issue before???need help!!

[Optional]

It's happened to a few people.

It is only to worry about as you may lose your account there. They will still pay out all your money if they do close you down.

It depends on where you have been transferring the btc to from your coinbase account and where it comes in from what you can say.

Your story needs to be plausible based on the transfer history they see.

[LT Profits]

I checked off both Investing and Trading and my limits got raised, so I guess I am fine again.

[themike78]

Basically you can use bitcoin for anything but gambling. You can buy drugs, hire hitmen, fund terrorist groups, but if you are a suspected gambler you get banned. Pathetic. Fuk coinbase.

[Underdog1986]

It's happened to a few people.

It is only to worry about as you may lose your account there. They will still pay out all your money if they do close you down.

It depends on where you have been transferring the btc to from your coinbase account and where it comes in from what you can say.

Your story needs to be plausible based on the transfer history they see.

Ive always done the route of sports book to airbitz to coinbase to bank..

[Underdog1986]

I checked off both Investing and Trading and my limits got raised, so I guess I am fine again.

So Lt, did you give them your address and also as far as source of funds you just put investments as well?

[Underdog1986]

Basically you can use bitcoin for anything but gambling. You can buy drugs, hire hitmen, fund terrorist groups, but if you are a suspected gambler you get banned. Pathetic. Fuk coinbase.

i have definitely found this out the hard way, at first I thought it was so easy to withdraw with Bitcoin when I started using it...but damn this has been now the fastest method that may cause me to be flagged, shits crazy

[theviking]

i have definitely found this out the hard way, at first I thought it was so easy to withdraw with Bitcoin when I started using it...but damn this has been now the fastest method that may cause me to be flagged, shits crazy

There are other wallets to use where you have no limits and no restrictions as far a iknow

http://www.bitcoinarmory.com
I think its impossible to get limited or "banned", since you download software ,and dont log in anywhere. only you control your wallet
I have used it for a half year, no problems.

[Underdog1986]

There are other wallets to use where you have no limits and no restrictions as far a iknow

http://www.bitcoinarmory.com
I think its impossible to get limited or "banned", since you download software ,and dont log in anywhere. only you control your wallet
I have used it for a half year, no problems.

thanks for the heads up I might look into this...so in a sense would I still need to use both airbitz and Coinbase with a software you just mentioned or could I just use that software alone...also since you have had it there have not been any issues you have experienced withdrawing money back to your bank account?

[LT Profits]

So Lt, did you give them your address and also as far as source of funds you just put investments as well?

Yes, Investing/Trading. And remember you are not anomymous at Coinbase, so best to be honest when they ask for verification info. Keep in mind that I have been going Coinbase > Bitstamp or Kraken, so makes it easier to pull off saying you are trader.

[Underdog1986]

Yes, Investing/Trading. And remember you are not anomymous at Coinbase, so best to be honest when they ask for verification info. Keep in mind that I have been going Coinbase > Bitstamp or Kraken, so makes it easier to pull off saying you are trader.

...is bit stamp basically the same thing as like for instance poloniex? I've been always going the route of sports book>airbitz>coinbase>bank

so should I now do sports book>airbitz>poloniex>coinbase>bank to better disguise and use that I'm a trader and investor if they ask?

[LT Profits]

...is bit stamp basically the same thing as like for instance poloniex? I've been always going the route of sports book>airbitz>coinbase>bank

so should I now do sports book>airbitz>poloniex>coinbase>bank to better disguise and use that I'm a trader and investor if they ask?

I don't know if airbitz is more tolerant than coinbase, but yes your stream would be correct. I would also make one actual trade at poloniex or wherever selling all my bitcoin and rebuying either at a profit or to break about even, as that helps disassociate your name from the bitcoins.

[Underdog1986]

I don't know if airbitz is more tolerant than coinbase, but yes your stream would be correct. I would also make one actual trade at poloniex or wherever selling all my bitcoin and rebuying either at a profit or to break about even, as that helps disassociate your name from the bitcoins.

Thanks!!!il try to see how this works

[hello1234567]

There may be some Bitcoins ATM in your location where you can buy and sell directly. Luckily, there are a few at my location.

[Underdog1986]

There may be some Bitcoins ATM in your location where you can buy and sell directly. Luckily, there are a few at my location.

what would be the benefit of this and how does it actually work?

[hello1234567]

Benefit of this is no question asked to sell your coins for cash. Limits up to $1,000 per day without ID, of course they can not ban you at the ATM.

[Underdog1986]

Benefit of this is no question asked to sell your coins for cash. Limits up to $1,000 per day without ID, of course they can not ban you at the ATM.

...this seems like an even better option that i didnt think about, i just looked and there are atms around my area. I would do the route of sportsbook>airbitz>poloniex>atm instead of sportsbook>airbitz>poloniex>bank correct? Am i understanding this right?thanks in advance

[raiders72001]

...this seems like an even better option that i didnt think about, i just looked and there are atms around my area. I would do the route of sportsbook>airbitz>poloniex>atm instead of sportsbook>airbitz>poloniex>bank correct? Am i understanding this right?thanks in advance

Poloniex is correct to use when using Coinbase/Circle/other exchanges that ban. You can skip Poloniex when using exchanges that don't ban. If you use glidera (Airbitz exchange), then you can skip Poloniex.

Airbitz to sportsbook and vice versa works for the time being.

[theviking]

thanks for the heads up I might look into this...so in a sense would I still need to use both airbitz and Coinbase with a software you just mentioned or could I just use that software alone...also since you have had it there have not been any issues you have experienced withdrawing money back to your bank account?

I dont use airbitz or coinbase, so no.

I transfere from my bookmaker too my wallet (in bitcoinarmory) from there, to localbitcoin.com and to my bank account.

[hello1234567]

The only downside is that the selling price is much higher than the market so you will be getting less money when you sell at an ATM.

...this seems like an even better option that i didnt think about, i just looked and there are atms around my area. I would do the route of sportsbook>airbitz>poloniex>atm instead of sportsbook>airbitz>poloniex>bank correct? Am i understanding this right?thanks in advance

[Underdog1986]

thanks for all the info guys this is helping out alot

[Deceptakhan]

I havnt bought any coins from coinbase in almost a year, decided to buy .5 coins and it says it'll take 7 days to get my half coin, is this for real?!?! I used to buy more and get them within a day or 2