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Originally Posted by TheJacob
Bovada sent the fastest Withdrawal I think I've received since neteller was still in the US. Just a number of hours. 3 Figures via bitcoin.
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Originally Posted by adamsapple19
I haven't been this excited about a withdrawal since neteller days/Full Tilt (yea I feel old..) - I'm going to the ATM literally right now to complete the final phase of this process - if all goes well this is something of a "new era" for withdrawing...withdrawal request to literally cash in hand in 3.5 hrs?!? Makes grinding exciting again -
Yep, that's why I'm trying to help spread the word and let people know it exists. I think bitcoin becoming a known option will help grow the game and bring back more players.
If you know people that were turned off of online poker by months of waiting for foreign checks that could bounce, make sure to tell them that there is a method now to get cash in hand within hours.
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Btw I believe you were correct - despite the fluctuations, I received the exact amount of the transaction at the time it was prematurely sent. I know I read in this thread a month+ ago that someone had prematurely sent a transaction prior to confirmations and they said they had to wait a few days to get the funds - I believe that was a larger amount but I thought I may had possibly made a royal error here... so I guess it's NOT a big deal to send a transaction prior to confirmations coming through on the initial transaction??
The outgoing transaction can be sent before the incoming transaction confirms... but the first one has to confirm before the second one will. The problem like the one you mention above would come up if the first transaction from Ignition was screwed up and took a long time to confirm.
Bitpay locks in the exchange rate at the time you send to the card, but I'm not sure how long they give you. Leaving that time window open for a day or more seems like it would open themselves up to getting freerolled.
So if you want to keep it simple I would say to wait when sending to your Bitpay card. Sending to your exchange doesn't have the same issue with the exchange rate... so that would be fine to do right away.