Originally Posted by
mrpapageorgio
1. The consensus around here is that having an intermediary wallet like Blockchain to send and receive is the safest route because Coinbase can (and has) closed accounts of customers they believe are transacting bitcoin for gambling reasons which is against their policy since they are regulated in the U.S. There haven't been reports lately of Coinbase closing accounts, but consider yourself warned.
2. Once the Bitcoin is in Coinbase, you still have to perform the transaction in Coinbase to convert the bitcoin to USD, then withdraw the USD to your bank account.
3. If you already have a Coinbase account, I recommend using GDAX instead of Coinbase since you can pay no fees if you do limit orders or only .25% if you do a market order. GDAX is more geared towards investors, but you can still use it to buy and sell bitcoin.
Instructions on using GDAX is on this thread:
https://www.sportsbookreview.com/for...layers-p2.html
I explained how to do a market order, but there are Youtube videos on how to do a limit order.