New using bitcoin 6 day hold wtf??

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  • HAPPY BOY
    SBR Hall of Famer
    • 08-10-05
    • 7109

    #1
    New using bitcoin 6 day hold wtf??
    Used Coinbase after watching BOL tutorial at there recommendation now I have a 6 day hold before i can transfer funds...not a happy boy
  • PD77
    SBR MVP
    • 12-11-09
    • 2380

    #2
    Use Gemini and wire the funds. No wait. Last time I checked CB was minimum 10k for a wire.
    Comment
    • themike78
      SBR MVP
      • 07-01-13
      • 4873

      #3
      Just use a debit card. It's instant.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        relax just slows down the process of losing money

        Welcome Back
        Comment
        • itchypickle
          SBR Posting Legend
          • 11-05-09
          • 21452

          #5
          Originally posted by themike78
          Just use a debit card. It's instant.
          This
          Comment
          • unluckysob
            SBR MVP
            • 05-21-08
            • 1527

            #6
            What banks are approving debit card transactions to Costa Rica? Not my bank, I tried. BkofAma maybe? WellsFargo?
            Comment
            • PD77
              SBR MVP
              • 12-11-09
              • 2380

              #7
              Originally posted by unluckysob
              What banks are approving debit card transactions to Costa Rica? Not my bank, I tried. BkofAma maybe? WellsFargo?
              Use the DC at CB not the book. But none of my DC are accepted at CB either.
              Comment
              • lonegambler23
                SBR Hall of Famer
                • 06-22-16
                • 9760

                #8
                idk what u did never heard of that. when cashing out of sportsbook it goes to blockchain then coinbase. i just cashed out 2k no problem took less than 24 hrs into my bank
                Comment
                • kidcudi92
                  SBR Posting Legend
                  • 12-14-11
                  • 15434

                  #9
                  Originally posted by themike78
                  Just use a debit card. It's instant.
                  Comment
                  • TheMoneyShot
                    BARRELED IN @ SBR!
                    • 02-14-07
                    • 28672

                    #10
                    Originally posted by HAPPY BOY
                    Used Coinbase after watching BOL tutorial at there recommendation now I have a 6 day hold before i can transfer funds...not a happy boy
                    Just like it was mentioned in the thread. Give Gemini a shot.
                    Comment
                    • swordsandtequila
                      SBR Hall of Famer
                      • 02-23-12
                      • 9758

                      #11
                      Originally posted by lonegambler23
                      idk what u did never heard of that. when cashing out of sportsbook it goes to blockchain then coinbase. i just cashed out 2k no problem took less than 24 hrs into my bank
                      Not what he's talking about. He bought bitcoin at coinbase, now has a hold before he can transfer to whatever wallet he uses.
                      Comment
                      • WvGambler
                        SBR Posting Legend
                        • 04-19-10
                        • 11618

                        #12
                        I’ve always been able to purchase bitcoin instantly with DC but it’s transferring that takes 6-13 days. At least it always has with me. They won’t let you send it to a wallet no matter what form of deposit I use. Maybe I’m just fukkin clueless. That’s not out of the realm of possibility.
                        Comment
                        • lonegambler23
                          SBR Hall of Famer
                          • 06-22-16
                          • 9760

                          #13
                          Originally posted by swordsandtequila
                          Not what he's talking about. He bought bitcoin at coinbase, now has a hold before he can transfer to whatever wallet he uses.
                          oh i see, penetrate doing that u just lose money right away. i always deposit cc at 5dimes dont get charged any fees at all
                          Comment
                          • swordsandtequila
                            SBR Hall of Famer
                            • 02-23-12
                            • 9758

                            #14
                            Originally posted by WvGambler
                            I’ve always been able to purchase bitcoin instantly with DC but it’s transferring that takes 6-13 days. At least it always has with me. They won’t let you send it to a wallet no matter what form of deposit I use. Maybe I’m just fukkin clueless. That’s not out of the realm of possibility.
                            Transfer to Coinbase Pro (their trading platform, used to be GDAX) then withdraw to your wallet. Free and fast.

                            Disclaimer: That's how it used to be, don't know if anything has changed since I last used them.
                            Comment
                            • Al Masters
                              SBR Hall of Famer
                              • 04-29-06
                              • 6940

                              #15
                              Happy Boy welcome back!

                              Draw us a picture of something.
                              Comment
                              • KiDBaZkiT
                                SBR Posting Legend
                                • 10-20-09
                                • 14962

                                #16
                                Find a bitcoin ATM near you. Thank me later.
                                Comment
                                • mrpapageorgio
                                  SBR MVP
                                  • 09-07-17
                                  • 2974

                                  #17
                                  Deposit USD into Coinbase first either Wire (fastest) or by ACH (couple days) then use the money to buy on Coinbase Pro. Seems to clear faster doing that route where purchasing directly by ACH they make you wait a full week where just depositing money it clears in a couple days (at least that was my experience).
                                  Comment
                                  • GUMMO77
                                    SBR Hall of Famer
                                    • 08-23-10
                                    • 9294

                                    #18
                                    I had some issue with Coinbase today saying it didn't recognize my device, which doesn't make any sense.

                                    I tried calling them and yep, no one is available
                                    Comment
                                    • unluckysob
                                      SBR MVP
                                      • 05-21-08
                                      • 1527

                                      #19
                                      Originally posted by lonegambler23
                                      oh i see, penetrate doing that u just lose money right away. i always deposit cc at 5dimes dont get charged any fees at all
                                      You deposit directly with a credit card, and withdraw bit coin???
                                      Comment
                                      • themike78
                                        SBR MVP
                                        • 07-01-13
                                        • 4873

                                        #20
                                        Originally posted by GUMMO77
                                        I had some issue with Coinbase today saying it didn't recognize my device, which doesn't make any sense.

                                        I tried calling them and yep, no one is available
                                        An email will take about 3 months for a response. No lie. They have the absolute worst customer service of any company I have ever seen. It makes no sense it seems they would lose customers over this. Are they that cheap they can't pay some customer service reps? It's pathetic.
                                        Comment
                                        • MarkMakers
                                          SBR High Roller
                                          • 11-17-19
                                          • 181

                                          #21
                                          Bumping this thread to inquire about any changes or faster methods when using Coinbase.

                                          The hold time is still 6 days before I can send btc to any wallet. This is frustrating when you’re trying to get some action on a big game.
                                          Comment
                                          • Optional
                                            Administrator
                                            • 06-10-10
                                            • 61807

                                            #22
                                            Originally posted by MarkMakers
                                            Bumping this thread to inquire about any changes or faster methods when using Coinbase.

                                            The hold time is still 6 days before I can send btc to any wallet. This is frustrating when you’re trying to get some action on a big game.
                                            Answered here: https://www.sportsbookreview.com/for...l#post29102889
                                            .
                                            Comment
                                            • MarkMakers
                                              SBR High Roller
                                              • 11-17-19
                                              • 181

                                              #23
                                              Thanks Optional.

                                              I just read your response and I checked into the wire option. That may be the way to go for now if I want “speed.”
                                              Comment
                                              • TheStooges
                                                SBR Rookie
                                                • 12-07-19
                                                • 4

                                                #24
                                                Yes. Happend to me as well!
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388179

                                                  #25
                                                  The guy sweating $50

                                                  Shaking like a leaf
                                                  Comment
                                                  • ehp6737
                                                    SBR MVP
                                                    • 12-11-08
                                                    • 4185

                                                    #26
                                                    Originally posted by MarkMakers
                                                    Bumping this thread to inquire about any changes or faster methods when using Coinbase.

                                                    The hold time is still 6 days before I can send btc to any wallet. This is frustrating when you’re trying to get some action on a big game.
                                                    If you use your debit card on coinbase its instant, no holds. If you choose to use the ACH w/d option from your checking acct, then yes theyre will be a hold.

                                                    Pretty simple
                                                    Comment
                                                    • shocka1212
                                                      SBR Posting Legend
                                                      • 10-06-12
                                                      • 16788

                                                      #27
                                                      4 days if you use coinbase pro and you can purchase essentially fee free
                                                      Comment
                                                      • Gmen30
                                                        SBR MVP
                                                        • 10-13-10
                                                        • 1405

                                                        #28
                                                        Originally posted by jjgold
                                                        The guy sweating $50

                                                        Shaking like a leaf
                                                        Comment
                                                        • Dr. Fager
                                                          SBR High Roller
                                                          • 05-12-11
                                                          • 244

                                                          #29
                                                          Deposited USD via ACH using CoinbasePro account on Tuesday 12/10. Received email same day confirming transaction and that funds should post to my account by 12/17 at 12:05 PST. Been with them over five years and this has been the usual time frame I've had to wait. Not complaining as I know the routine, just giving a recent example.
                                                          Comment
                                                          • pologq
                                                            SBR Posting Legend
                                                            • 10-07-12
                                                            • 19899

                                                            #30
                                                            as long as i use my debit card i am good. i even got lucky and was able to increase my limits by supplying some proof of identity about 2 years ago i think. originally my limits were $100 per day with the debit card and they raised me to $1K per day on a debit card.
                                                            Comment
                                                            • gauchojake
                                                              BARRELED IN @ SBR!
                                                              • 09-17-10
                                                              • 34117

                                                              #31
                                                              Coinbase is a joke
                                                              Comment
                                                              • funnyb25
                                                                BARRELED IN @ SBR!
                                                                • 07-09-09
                                                                • 39663

                                                                #32
                                                                Originally posted by gauchojake
                                                                Coinbase is a joke
                                                                They all suck Jakers. Just a matter of settling for which one sucks less.
                                                                Comment
                                                                • gauchojake
                                                                  BARRELED IN @ SBR!
                                                                  • 09-17-10
                                                                  • 34117

                                                                  #33
                                                                  Originally posted by funnyb25
                                                                  They all suck Jakers. Just a matter of settling for which one sucks less.
                                                                  I haven't used binance recently but they got some good reviews on another site

                                                                  Coinmama expensive but quick

                                                                  It's almost easier to deposit with a c@rd

                                                                  luckily I deposited enough early in the season!
                                                                  Comment
                                                                  • cankid
                                                                    SBR Hall of Famer
                                                                    • 08-22-08
                                                                    • 7231

                                                                    #34
                                                                    Originally posted by funnyb25
                                                                    They all suck Jakers. Just a matter of settling for which one sucks less.
                                                                    well said
                                                                    Comment
                                                                    • MarkMakers
                                                                      SBR High Roller
                                                                      • 11-17-19
                                                                      • 181

                                                                      #35
                                                                      Originally posted by ehp6737
                                                                      If you use your debit card on coinbase its instant, no holds. If you choose to use the ACH w/d option from your checking acct, then yes theyre will be a hold.
                                                                      This isn’t necessarily true. Least not for me. I tested using the debit card after experiencing the wait times with ACH and it’s the same 6 day wait period before I can send the btc to a wallet. Sure, it will show up on your portfolio instantly for “trade” but you cannot send nor withdraw for the standard 5-6 days.
                                                                      Comment
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