My Cashapp got closed for Gambling, that’s what they said. Anything similar to it as I liked how convenient and easy it is to use. Any responses much appreciated.
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Yes, i always used an intermediary wallet and never received BTC to CA or used them to cash out. I’ve heard they trace 10 hops so that’s what got me I assume. IMO nothing is as easy or as cheap as CA. I can still use coinbase and Gemini but they are costly. There are plenty of exchanges you can use but I haven’t found any like cash app.Comment -
You can start another account but you'll need a different mobile number.Comment -
I’ve heard of people doing that but eventually getting the second account shut down as well. The thing that pissed me off was I used Credit Karma taxes, after cash app bought them , they banned me and I couldn’t use credit karma tax either. And it was a real mess getting copies of my previous years tax returns. I have a feeling more ways to buy bitcoins will be here soon that is cheaper than the big boys.Originally posted by wombatComment -
They will ban you again however at least you get about another 6 months usage. Rinse and repeat.Originally posted by PD77Comment -
Haven’t touched crypto since betting became legal in Tennessee. Still sounds like a pain in ass. I could probably buy a house with all the fees I paid over the years to buy and cash out bitcoin. Cash app banned me after two transactions 😂 Good luck.Comment -
I just realized cash app will ask for ID verification so opening another account won't work if you were recently banned. You'll have to wait a few months before starting another account.
Unfortunately, there is no other app that will let you buy Bitcoin instantly with a debit card with the low fees like Cashapp. Most other places charge between 9% to 15% fee.Comment -
Just to clarify I need to receive money from a book. Where can I open an account so I can cash out from the book.Comment -
Setup an intermediary wallet first, that will allow you to withdraw from the book. A lot of people like blockchain.com for a mobile wallet. It easy to use and convenient. Then you’ll need to open an account at an exchange to covert the BTC to USD. Coinbase is good for beginners, fees are high but it’s user friendly. There’s also Gemini, Binance, Bitpay, and others.Originally posted by Chiefs83Comment -
Coinbase 4% for debit cardOriginally posted by wombatComment -
I’m in Blockchain mobile App I logged in now what???Comment -
I want to take my $$$ OUT of the sportsbookComment -
Cashapp is 1% for debit cardOriginally posted by cornmealComment -
For blockchain do you hit the person icon in the top left, then hit wallet id,Comment -
there's an old step by step guide on here somewhere, or just go to YT and search how to use or set up a blockchain walletOriginally posted by Chiefs83Comment -
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I agree Cashapp is the cheapest,Coinbase isnt awful if jammed up at 4%. Cashapp closed my account too..Originally posted by wombatComment -
Were you going from CashApp straight to the book and vice versa?Comment -
Isn’t there two separate fees ? One to load money on cash app & then to purchase Bitcoin …Originally posted by cornmealComment -
It should not cost anything to load money to Cash app.Originally posted by BeatTheJerkComment -
Ok thanks for clarifying this for me.Originally posted by DontTailMeComment -
Yes I was going straight to book and back…lasted about 9 months…Only lost money on buying the bitcoin and converting it back to Cashapp so I could withdraw… Everything was instant which I liked or you could wait 2days and it will go into your bank account freeComment -
Did the in freeze your money ?
How did you get it?Comment -
I just had money in my Cashapp balance. They let me withdraw it.Comment -
I use Bitpay for all my withdraws, load the card and either use it like any other debit card or go to the ATM for cash.Comment -
ThanksComment -
Not your keys, not your bitcoin.
If you can't get a hardware wallet and control your own private keys, at least download electrum.
and control your private keys on your computer.
Don't understand what I'm talking about? Look into it, do your own research.
And stop selling your muther focking bitcoin for cash!
I sold 20 bitcoin I received from sportsbooks for $300 each in 2015, yay I got $6000.Comment -
The difficulty I'm having is that when purchasing crypto on coinbase you have to wait several days before you can send it to an external wallet. Why is that? Other than Cashapp is there a different platform that you can buy and send instantlyComment -
It needs to be sitting in Blockchain or Binance.US or wallet otter than sending from bank to coinbase.Originally posted by aortega521
It’s faster to send to any book that way.Comment -
I don't have to wait several days on coinbase. I can buy up to 50,000 instantly and send instantly.Originally posted by aortega521Comment -
Blockchain has 15k of my money frozen for 2 weeks for gambling. Even though they told me that sending to a sportsbook isnt illegal. Makes no sense..Comment -
Seriously?Originally posted by KshermComment -
ya seriously. 3 weeks now actualy..Comment -
WowOriginally posted by Ksherm
I hope they will release it.
Are they trying to keep it?Comment -
Did you use blockchain.com as an exchange? That is why.Originally posted by KshermComment
