Gemini exchange

[unluckysob]

Anybody using Gemini for buying bit coin. I think they have their own wallet. Is this place good for what we do. Trying to get started with bitcoin, I tried coinbase, but had No fuking luck with that place. They won't answer the phone or emails. I'm a small player. Never more than a few hundred dollars. Win or lose. I was happy doing money transfers but that finally went to shit.

[temple2010]

Anybody using Gemini for buying bit coin. I think they have their own wallet. Is this place good for what we do. Trying to get started with bitcoin, I tried coinbase, but had No fuking luck with that place. They won't answer the phone or emails. I'm a small player. Never more than a few hundred dollars. Win or lose. I was happy doing money transfers but that finally went to shit.

I always use them to buy bitcoin which they are great for in my opinion- but then i send it to a middle man to send to the sportsbook.

[unluckysob]

I always use them to buy bitcoin which they are great for in my opinion- but then i send it to a middle man to send to the sportsbook.

Thanks temple. Any problem back to gemini, then to bank account.

[Ghenghis Kahn]

Use active trader for Gemini

[littlekona]

Thanks temple. Any problem back to gemini, then to bank account.

its fast next day in your bank most of the time

[themike78]

Coinbase is actually instant to bank account if you have a debit card linked to it. But I agree they really don't have any customer service. A few weeks for them to respond to an email.

[kidk]

Who is the middle man you use to send to sportsbook ...I've used coinbase but they never get back to me - they messed up on 1 of mine during a outage .....bitcoin never got sent ....so need a good wallet and exchange that can send to bank account - coinbase was good with that it would transfer immediately

[temple2010]

Who is the middle man you use to send to sportsbook ...I've used coinbase but they never get back to me - they messed up on 1 of mine during a outage .....bitcoin never got sent ....so need a good wallet and exchange that can send to bank account - coinbase was good with that it would transfer immediately

blockchain.com

[vampire assassin]

If you're buying/selling a lot, I think Kraken is better. Lower fees. It's not instant, but you save money.

[kidk]

blockchain.com

Whatelse do you us along with blockchain ? What wallet do you use to deposit and does it also let you withdraw to bank account because blockchain is just an exchange correct

[littlekona]

I like Mycelium the best also use Edge as stand alone "middleman" wallets. Gemini Coinbase Bitpay are examples how to get money out

[temple2010]

Whatelse do you us along with blockchain ? What wallet do you use to deposit and does it also let you withdraw to bank account because blockchain is just an exchange correct

what Kona said- also electrum is also good but not to bank

[unluckysob]

Did I read this right? Bread wallet is now charging about 28percent to withdraw. Saw on their site. $3. To withdraw $11. That's crazy.

[unluckysob]

Coinbase is actually instant to bank account if you have a debit card linked to it. But I agree they really don't have any customer service. A few weeks for them to respond to an email.

30,000,000 customers, and about 3 employees to service them. In a perfect world the computers would handle everything.

[Optional]

Did I read this right? Bread wallet is now charging about 28percent to withdraw. Saw on their site. $3. To withdraw $11. That's crazy.

No you did not read that right.

In fact I will bet you 1000 points to your 1 point that you did not read the words 28% charge at all, anywhere!


Bread wallet do not charge you any fee to send.

The $3 is a miners fee that you choose the amount of when you send.

Just make the miners fee less if you dont care how long the confirmation takes.

[unluckysob]

Optional. Thank You.

[Optional]

Optional. Thank You.

The wallet suggest the best miner fee at that moment.

You can adjust it.

It tells you what is best fee here https://bitcoinfees.earn.com/


Right now, if you don't care if it takes 24-48 hours to be confirmed, you can get away with about 10% of optimum fee for a send. So assuming Bread wallet is giving you an accurate estimate for the kb size of the send, you could try sending your $11 with a 30 cent miner fee.

[cornmeal]

Gemini is very solid- like others have said Coinbase zero customer service
Use EDGE wallet - blockchain is fine but if your not paying attention to fees you can end up sending with low fees and waiting hours or days for confirmation.