Are you able to buy BTC send to the book and send back to BTC and into your bank without using another wallet?
Blockchain question.......
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flyingilliniSBR Aristocracy
- 12-06-06
- 41219
#1Blockchain question.......המוסד
המוסד למודיעין ולתפקידים מיוחדים
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Roscoe_WordSBR MVP
- 02-28-12
- 3999
#2Remember when we first started with BTC thing, Gillini?
It was determined that the safer route would be by using an intermediate wallet.
I think some players take a chance, but getting shut off from one's exchange, to me, isn't worth it.Comment -
PD77SBR MVP
- 12-11-09
- 2381
#3Blockchain.com does work as an exchange now but you have to complete the verification and kyc to use it. Better to just use them as an intermediary wallet imo.Comment -
flyingilliniSBR Aristocracy
- 12-06-06
- 41219
#4I have been out of the loop for years. I am in Vietnam and just use Pinnacle, I am heading back to America and need to get back in the swing of things..... thanks for the info!המוסד
המוסד למודיעין ולתפקידים מיוחדים
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OptionalAdministrator
- 06-10-10
- 60712
#5
But if any exchange decides to investigate your account they can quickly work out what you are doing by looking at where your transfers end up and originate from, and the general pattern of wallets involved.
Plus, many posters will tell you they have been transferring direct from book to exchange for years.
Finally, if you do decide to take the easy way I have never heard of an exchange confiscating any money. Just asking you to explain what you are doing and then closing he account and telling you to move your crypto out..Comment -
DontTailMeSBR MVP
- 03-24-19
- 2897
#6Exchanges shutting down account for transfers directly with sportsbooks definitely still happens, so you're taking a risk if you choose to go without. Why take the chance, especially when fees are miniscule these days?Comment -
ThaWojSBR Hall of Famer
- 03-09-10
- 6745
#7I got banned by coinbase but i dont think crypto.com cares...and you can just use their defi wallet anyways where you control the keys. Then it doesn't even matter.
Heritage makes you use a different btc address every time you withdraw. I cashed out to my defi wallet and did an almost no fee near instant transfer to my connected cdc btc wallet if i want to buy cro or convert to cash on the dbt cardComment -
OptionalAdministrator
- 06-10-10
- 60712
#8I got banned by coinbase but i dont think crypto.com cares...and you can just use their defi wallet anyways where you control the keys. Then it doesn't even matter.
Heritage makes you use a different btc address every time you withdraw. I cashed out to my defi wallet and did an almost no fee near instant transfer to my connected cdc btc wallet if i want to buy cro or convert to cash on the dbt card
Asking for a poster with the question to me..Comment -
GrezaMelithSBR Rookie
- 03-04-22
- 2
#9Which is the best platform to start NFT?Comment -
ThaWojSBR Hall of Famer
- 03-09-10
- 6745
#10Yeah I know, they did that to me after that security breach but honestly since u.s. books went live here end of january I haven't bought btc..but I can tell you the crypto.com defi wallet didnt make me wait at all to send to my exchange wallet...I'm pretty sure if I sent from defi to lets say bitpay, there would be no 24 hour hold. But im not 100 percent. The problem is you have to buy the btc on the exchange if you dont have any..however if you buy and transfer to defi then transfer to book, that might be a way to circumvent the 24 hr holdComment
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