What is the best way to deposit via bitcoin now? I used to buy on Circle, transfer to blockchain, deposit to the sportsbook. And do the opposite to cash out. I noticed Coinbase allows you to buy bitcoins apparently. Would it be best to do Coinbase to blockchain with Coinbase taking the place of Circle? Sorry if I am confusing anybody. What is the best method to use now since you are unable to buy on circle anymore? All help appreciate.
Bitcoin depositing
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JRoZe410SBR Sharp
- 09-17-10
- 250
#1Bitcoin depositingTags: None -
OptionalAdministrator
- 06-10-10
- 62179
#2Originally posted by JRoZe410What is the best way to deposit via bitcoin now? I used to buy on Circle, transfer to blockchain, deposit to the sportsbook. And do the opposite to cash out. I noticed Coinbase allows you to buy bitcoins apparently. Would it be best to do Coinbase to blockchain with Coinbase taking the place of Circle? Sorry if I am confusing anybody. What is the best method to use now since you are unable to buy on circle anymore? All help appreciate.
Coinbase.com, Gemini.com and ItBit.com are the three places most similar to Circle with ACH transfers and simple interface. Gemini the cheapest I believe.
Also, if you still have a record of your old Circle bitcoin wallet addresses that you have sent to there before, then you can still use them to send bitcoin and cash out with Circle as before. Do a test with a small amount first to ensure you have a good address and see it credited before sending a big amount..Comment -
JRoZe410SBR Sharp
- 09-17-10
- 250
#3Originally posted by OptionalNot confusing. And yes use the same method with the blockchain wallet as middle man.
Coinbase.com, Gemini.com and ItBit.com are the three places most similar to Circle with ACH transfers and simple interface. Gemini the cheapest I believe.
Also, if you still have a record of your old Circle bitcoin wallet addresses that you have sent to there before, then you can still use them to send bitcoin and cash out with Circle as before. Do a test with a small amount first to ensure you have a good address and see it credited before sending a big amount.Comment -
KaplanSBR High Roller
- 01-15-11
- 165
#4So transferring straight from Gemini to the books is not a good idea?
I used circle before as well so I have a blockchain wallet...... can it be used now with Gemini or do I need a new wallet ?
Thanks !Comment -
DwightShruteSBR Aristocracy
- 01-17-09
- 103750
#5Originally posted by OptionalNot confusing. And yes use the same method with the blockchain wallet as middle man.
Coinbase.com, Gemini.com and ItBit.com are the three places most similar to Circle with ACH transfers and simple interface. Gemini the cheapest I believe.
Also, if you still have a record of your old Circle bitcoin wallet addresses that you have sent to there before, then you can still use them to send bitcoin and cash out with Circle as before. Do a test with a small amount first to ensure you have a good address and see it credited before sending a big amount.Comment -
OptionalAdministrator
- 06-10-10
- 62179
#6Originally posted by JRoZe410
Great to here. Yeah, circle isn't working anymore. It is saying can't buy or sell bitcoins with them. And i believe if i remember right when you are transferring to your bank account, that is selling them?
Originally posted by JRoZe410
Great to here. Yeah, circle isn't working anymore. It is saying can't buy or sell bitcoins with them. And i believe if i remember right when you are transferring to your bank account, that is selling them?Originally posted by KaplanSo transferring straight from Gemini to the books is not a good idea?
I used circle before as well so I have a blockchain wallet...... can it be used now with Gemini or do I need a new wallet ?
Thanks !
And yes, your blockchain wallet is fine to use with any other person/company..Comment -
JRoZe410SBR Sharp
- 09-17-10
- 250
#7Thanks. So Coinbase is good as long as not sending directly to the books and using blockchain as the middle man.Comment -
DwightShruteSBR Aristocracy
- 01-17-09
- 103750
#8Originally posted by JRoZe410Thanks. So Coinbase is good as long as not sending directly to the books and using blockchain as the middle man.Comment -
JRoZe410SBR Sharp
- 09-17-10
- 250
#9Gotcha, appreciate the help.Comment
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