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Bitcoin Deposits and Withdraws

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Last

08-27-2016 , 07:27 AM

#1501

KILLingIT

adept

Join Date: Jan 2014 Posts: 806

Hey guys, for an international player
1) what's the best Bit coin configuration? Do I go with the recommendation on the first page -> blockchain + circle or should i pick other config?

2)Is there the possibility to send bit coin to EUR bank account?

3)Are there any fees in the process?

4)What's the limit to withdraw from the btc wallet to bank account?

thanks!

08-27-2016 , 02:10 PM

#1502

SoulCrussher

centurion

Join Date: Dec 2013 Posts: 110

Hey folks-

First time using Bitcoin. Used circle and its posted from my bank but the money has not showed up in my circle account. What's the time frame on this usually ?

08-27-2016 , 05:58 PM

#1503

iTzLifestyle

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 8,082

Quote:

Originally Posted by SoulCrussher

Hey folks-

First time using Bitcoin. Used circle and its posted from my bank but the money has not showed up in my circle account. What's the time frame on this usually ?

I just did my first 50$ transaction and it took 4 days total but only 1 day after it posted from my account.

Others have said circle is instant so hopefully it is just because it's our first deposit.

08-27-2016 , 06:18 PM

#1504

KILLingIT

adept

Join Date: Jan 2014 Posts: 806

Quote:

Originally Posted by KILLingIT

still looking for these answers. thanks

08-27-2016 , 10:57 PM

#1505

SoulCrussher

centurion

Join Date: Dec 2013 Posts: 110

Quote:

Originally Posted by iTzLifestyle

Thanks

08-28-2016 , 01:20 AM

#1506

diddy!

Twas diddyeinstein

Join Date: Jul 2007 Posts: 10,849

US

Just went through the process from setting up BTC accts to getting money deposited on ACR in a little over an hour.

Did blockchain to deposit and purchased on coinbase. Not really sure why blockchain is needed in this sequence, so an answer for that would be nice.

08-28-2016 , 05:08 AM

#1507

fishfoodfrenzy

journeyman

Join Date: Aug 2013 Posts: 335

The basic idea is you always want an intermediary (blockchain) between the poker site (ACR/WPN) and wherever you send your funds.. Because some companies such as circle will close your account if they are able to tell that your money came from an unregulated poker site. I would go to around page 40 of this thread to get a more detailed description.

08-28-2016 , 05:12 PM

#1508

diddy!

Twas diddyeinstein

Join Date: Jul 2007 Posts: 10,849

Them being there solely as an intermediary makes a great deal of sense. Kinda forgot the framework under which we are working for a min.

ETA: you really got to up you p/p game, man.

08-28-2016 , 07:07 PM

#1509

tgardne3

stranger

Join Date: Jun 2013 Posts: 9

Hey mister winning TD. Where are my refunds for the unplayable tournaments Wednesday night thru Thursday morning?

08-28-2016 , 10:15 PM

#1510

KILLingIT

adept

Join Date: Jan 2014 Posts: 806

Guys for european can you please tell me which bitcoin wallet should I choose? Because CIRCLE can only be attached to US and UK bank accounts.

So WPN->Blockchain-> ? which one should I pick?

thanks

08-28-2016 , 11:32 PM

#1511

outfit

old hand

Join Date: Feb 2015 Posts: 1,396

Quote:

Originally Posted by KILLingIT

Guys for european can you please tell me which bitcoin wallet should I choose? Because CIRCLE can only be attached to US and UK bank accounts.

So WPN->Blockchain-> ? which one should I pick?

thanks

Have you tried kraken? They're a pretty good exchange.

08-29-2016 , 12:05 AM

#1512

KILLingIT

adept

Join Date: Jan 2014 Posts: 806

Quote:

Originally Posted by outfit

Have you tried kraken? They're a pretty good exchange.

yeah ive made an account thx.
how long does the process of withdrawing BTC usually take?
Also, what fees can I expect from WPN? thanks

08-29-2016 , 04:40 PM

#1513

pubhead

journeyman

Join Date: Oct 2012 Posts: 224

Quote:

Originally Posted by pubhead

Sum: mid 4 figures
Requested: 8/11/16
Status to success: will update?
Received: will update?

I got it took few extra days but think it was on like 17th

08-29-2016 , 05:17 PM

#1514

ottograph

centurion

Join Date: Mar 2013 Posts: 121

req: aug 25th

rec: nothing yet

08-30-2016 , 04:43 PM

#1515

alexthegreat1

enthusiast

Join Date: Dec 2012 Posts: 62

$1000 requested 8/25
still haven't received it

talked to support on sunday they said within 24-48 hours I'd receive it...been past that now, got same answer today, within 48 hours....yada yada yada online poker 2016 isn't it grand

08-30-2016 , 04:57 PM

#1516

betgo

banned

Join Date: Aug 2004 Posts: 28,590

Yeh, I have the same problem. Requested at 8AM 8/24 and have not received at Blockchain. Before withdrawals took 1-3 days. WPN support said it was being processed 2 days ago.

08-30-2016 , 05:15 PM

#1517

alexthegreat1

enthusiast

Join Date: Dec 2012 Posts: 62

Quote:

Originally Posted by alexthegreat1

just received mine

08-30-2016 , 07:58 PM

#1518

ottograph

centurion

Join Date: Mar 2013 Posts: 121

Quote:

Originally Posted by ottograph

req: aug 25th

rec: nothing yet

rec: 8/30

08-30-2016 , 08:34 PM

#1519

KILLingIT

adept

Join Date: Jan 2014 Posts: 806

received mine in 2 days aswell.

08-30-2016 , 10:37 PM

#1520

betgo

banned

Join Date: Aug 2004 Posts: 28,590

Quote:

Originally Posted by betgo

Yeh, I have the same problem. Requested at 8AM 8/24 and have not received at Blockchain. Before withdrawals took 1-3 days. WPN support said it was being processed 2 days ago.

I am still waiting for this for almost 7 days. Glad others got paid.

08-31-2016 , 07:48 PM

#1521

betgo

banned

Join Date: Aug 2004 Posts: 28,590

I got my $s as bitcoins too today. Took slightly over a week.

09-02-2016 , 08:38 AM

#1522

doctavius

centurion

Join Date: Aug 2013 Posts: 106

Maybe they are just backlogged? Is everyone withdrawing large amounts this weeks due to oss cubed?

Requested Monday the 29th........still waiting.

Sucks cause now I have to wait over the weekend more processing....probably wont have cash in hand for another week.

09-02-2016 , 06:10 PM

#1523

Stasheft

journeyman

Join Date: Feb 2010 Posts: 245

Hey all,

After doing some research, I decided to use Electrum as my wallet and Coinbase as my exchange.

I'll be moving funds Bovada > Electrum > Coinbase > Bank acc

Do I still need to use BlockChain? I assume it would work as another layer to cover my tracks but do I even need that?