Best option besides Coinbase?

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  • TheU
    SBR High Roller
    • 08-26-09
    • 147

    #1
    Best option besides Coinbase?
    Hey guys. What is the best option besides Coinbase to buy and sell crypto? I’ve always bought crypto at Coinbase then sent to blockchain and then to sportsbook. Reverse order when doing withdrawals. Tried to buy crypto from Coinbase today and it says your account has been locked due to suspicious activity. WTF? I’m done with these clowns. Can anyone recommend a good place that I won’t have any problems with? Thanks
  • MT Casings
    SBR High Roller
    • 12-18-16
    • 188

    #2
    I use Bittrex to Purchase. Still use Coinbase to withdraw. It’s tied to my bank account so I have to use it. If not for that, I wouldn’t use Coinbase at all
    Comment
    • Shifty
      SBR Wise Guy
      • 08-10-08
      • 558

      #3
      Originally posted by MT Casings
      I use Bittrex to Purchase. Still use Coinbase to withdraw. It’s tied to my bank account so I have to use it. If not for that, I wouldn’t use Coinbase at all
      How many confirmations does Bittrex require before you can sell your Bitcoin?
      Comment
      • DontTailMe
        SBR MVP
        • 03-24-19
        • 2897

        #4
        Originally posted by TheU
        Hey guys. What is the best option besides Coinbase to buy and sell crypto? I’ve always bought crypto at Coinbase then sent to blockchain and then to sportsbook. Reverse order when doing withdrawals. Tried to buy crypto from Coinbase today and it says your account has been locked due to suspicious activity. WTF? I’m done with these clowns. Can anyone recommend a good place that I won’t have any problems with? Thanks
        Interesting. I saw a similar report on Reddit recently where someone claimed that they got booted from Coinbase for transacting with sportsbooks, and they said they always used a middle man wallet too. I wonder if they're beginning to do some rudimentary chain analysis to go beyond as far as compliance goes, now that they're public. Something to watch out for.
        Comment
        • TheU
          SBR High Roller
          • 08-26-09
          • 147

          #5
          It’s bull crap. I want to find a place that I can buy and sell from so that I can link my bank account to for withdrawals. Can’t believe in this day and age that places want to throw a fit cause of betting on sports. Smh. Anyone else got any recommendations? Who do most of you guys use?
          Comment
          • MT Casings
            SBR High Roller
            • 12-18-16
            • 188

            #6
            With Bittrex it's 6. I've used Litecoin a few times. The longest it's ever taken is about 15 mins. Not the fastest I've ever seen but acceptable.

            It takes a little getting used to but after awhile it's pretty easy to navigate.
            Comment
            • harvesters
              SBR Sharp
              • 01-31-09
              • 272

              #7
              Originally posted by TheU
              Hey guys. What is the best option besides Coinbase to buy and sell crypto? I’ve always bought crypto at Coinbase then sent to blockchain and then to sportsbook. Reverse order when doing withdrawals. Tried to buy crypto from Coinbase today and it says your account has been locked due to suspicious activity. WTF? I’m done with these clowns. Can anyone recommend a good place that I won’t have any problems with? Thanks
              They sent me an e-mail about a month ago where they said they wanted to verify my information and were asking for things that went way beyond normal KYC rules so I just stopped using them and started using Kraken. They explained that they were entering the regulated sphere and had to follow certain protocols. Not sure why they would need more information about you then your bank does. I found it very odd.
              Comment
              • Shifty
                SBR Wise Guy
                • 08-10-08
                • 558

                #8
                Originally posted by MT Casings
                With Bittrex it's 6. I've used Litecoin a few times. The longest it's ever taken is about 15 mins. Not the fastest I've ever seen but acceptable.

                It takes a little getting used to but after awhile it's pretty easy to navigate.
                Thanks for the info. 6 confirms is unacceptable. Kraken is 4 which also sucks. Lately that takes around an hour.

                @TheU, Kraken charges $4 for wire withdrawals. You get your cash the same day. Some banks charge a fee for incoming wires.
                Comment
                • themike78
                  SBR MVP
                  • 07-01-13
                  • 4873

                  #9
                  Originally posted by TheU
                  It’s bull crap. I want to find a place that I can buy and sell from so that I can link my bank account to for withdrawals. Can’t believe in this day and age that places want to throw a fit cause of betting on sports. Smh. Anyone else got any recommendations? Who do most of you guys use?
                  I have been using crypto.com app to buy lately and they are decent. I can buy up to 50,000 a week instantly with debit card.It's not really the places that care about sportsbetting but most states it is still illegal and they are just protecting themselves from the law.
                  Last edited by themike78; 01-05-22, 02:47 PM.
                  Comment
                  • Optional
                    Administrator
                    • 06-10-10
                    • 60707

                    #10
                    Originally posted by TheU
                    It’s bull crap. I want to find a place that I can buy and sell from so that I can link my bank account to for withdrawals. Can’t believe in this day and age that places want to throw a fit cause of betting on sports. Smh. Anyone else got any recommendations? Who do most of you guys use?
                    Gemini.com and CashApp from Square both link your bank account.
                    .
                    Comment
                    • Brewcity
                      SBR High Roller
                      • 01-04-18
                      • 209

                      #11
                      Originally posted by themike78
                      I have been using crypto.com app to buy lately and they are decent. I can buy up to 50,000 a week instantly with debit card.It's not really the places that care about sportsbetting but most states it is still illegal and they are just protecting themselves from the law.
                      I tried Crypto.Com a few months ago. Fees for debit card is decent (I don't remember what they were), but they charge you fee on btc sends to external wallet in addition to the miners fee. The fee is .0004 btc plus the miners fee. Currently .0004 btc is approx $17.50. What a rip off. I agree, definitely next to no options for buying with debit card unless you wanna pay an arm and a leg on fees
                      Comment
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