1. 02-28-17 12:20 PM #1
    MatSam
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    Bitcoin help

    Hey everyone, live in the US. What bitcoin is best to use at 5Dimes? Never used it.

    Thanks.
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  2. 02-28-17 12:55 PM #2
    5918mike
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    Buy at Coinbase - transfer to Blockchain - transfer to 5D.

    Withdraw from 5D to Blockchain - transfer to Coinbase and sell.

    Or

    Withdraw from 5D to Blockchain - transfer to Bitpay card - spend money using the card or withdraw from ATM.
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  3. 02-28-17 01:19 PM #3
    MatSam
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    Can I withdraw from Blockchain to my debit or be account direct?
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  4. 02-28-17 02:01 PM #4
    Optional
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    Quote Originally Posted by MatSam View Post
    Can I withdraw from Blockchain to my debit or be account direct?
    No. blockchain.info/wallet is just a free wallet to hold your bitcoin.

    You just use it between Coinbase and any books as Coinbase do not approve of users gambling with bitcoin purchased there.
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  5. 02-28-17 02:17 PM #5
    MatSam
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    That good to know about coinbase. So what should I do if I want to withdraw to debit or bank?
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  6. 02-28-17 02:22 PM #6
    Optional
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    Quote Originally Posted by MatSam View Post
    That good to know about coinbase. So what should I do if I want to withdraw to debit or bank?
    Withdraw from your book to the bockchain wallet. Then send it to your Coinbase wallet. Then sell it to them and they transfer the US$ to your bank account in 1 bus day.
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  7. 02-28-17 02:27 PM #7
    MatSam
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    So, with coinbase as long as I don't deposit to make bets they are fine to use?
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  8. 02-28-17 02:45 PM #8
    Optional
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    Quote Originally Posted by MatSam View Post
    So, with coinbase as long as I don't deposit to make bets they are fine to use?
    Quite a few people have been asked questions or banned from using them due to being suspected of breaking their term about gambling use.

    But most fly under the radar.

    The best you can do it try to give them a good reason to not have to question you by not sending directly to or from any sportsbook.

    If you do get shut down they still give you your money.

    And you move on to another company like Gemini.com
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  9. 02-28-17 02:50 PM #9
    MatSam
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    I should Gemini good to use instead?
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  10. 02-28-17 02:56 PM #10
    Optional
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    Quote Originally Posted by MatSam View Post
    I should Gemini good to use instead?
    Either is fine.

    About the same. Bith take 3 bus days to creit inward cash deposits and 1 day to send withdrawals to bank accounts. Coinbase offers a low limit instant buy with card feature that Gemini does not which can be handy. Gemini is a little cheaper on fees.
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  11. 02-28-17 03:01 PM #11
    MatSam
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    Ok. Thanks for the help.
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  12. 02-28-17 03:10 PM #12
    5918mike
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    I would encourage you to look into the bitpay card and read the thread about it here. It allows you access to the cash without going through coinbase and your bank account again. I had a tough time getting my card at the start but it is great once set up.
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  13. 02-28-17 03:19 PM #13
    Optional
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    BitPay card definitely a good option but it's only for withdrawing with MatSam. You'll still need Coinbase/Gemini to buy coin when you need it.
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  14. 02-28-17 03:23 PM #14
    MatSam
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    So with Bitpay I don't need a coinbase? Correct?
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  15. 02-28-17 03:26 PM #15
    MatSam
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    Got it. Thanks.
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  16. 03-03-17 10:54 AM #16
    MatSam
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    Ok.... now getting real frustrated! 3rd rejected withdraw from 5Dimes. I don't think it's 5Dimes, they are awesome. Coinbase is the issue. I think? What is another bitcoin I can use that is more user friendly? Thanks
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  17. 03-03-17 11:00 AM #17
    Optional
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    Quote Originally Posted by MatSam View Post
    Ok.... now getting real frustrated! 3rd rejected withdraw from 5Dimes. I don't think it's 5Dimes, they are awesome. Coinbase is the issue. I think? What is another bitcoin I can use that is more user friendly? Thanks
    You didn't really try to withdraw directly from 5D to Coinbase did you?




    Quote Originally Posted by 5918mike View Post
    Buy at Coinbase - transfer to Blockchain - transfer to 5D.

    Withdraw from 5D to Blockchain - transfer to Coinbase and sell.
    Quote Originally Posted by Optional View Post

    No. blockchain.info/wallet is just a free wallet to hold your bitcoin.

    You just use it between Coinbase and any books as Coinbase do not approve of users gambling with bitcoin purchased there.

    ^^^ this was meant to explain not to do that.
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  18. 03-03-17 11:37 AM #18
    MatSam
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    Why does 5Dimes say they allow transfers to Coinbase?
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  19. 03-03-17 12:06 PM #19
    Optional
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    Why ask me? You obviously don't believe what you were told here. Maybe ask them.
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  20. 03-03-17 12:19 PM #20
    MatSam
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    Ok. It was 5Dimes fault. Going to follow every step you mentioned. Thanks. Didn't mean to disrespect you.
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  21. 03-03-17 04:02 PM #21
    5918mike
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    LOL, whatever you do stay away from directly transferring between coinbase and any sportsbook. Eventually coinbase will flag it and close your account.
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