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Bitcoin Deposits and Withdraws Bitcoin Deposits and Withdraws

12-09-2016 , 06:39 AM
man! Circle was the nuts, wasn't getting charged any fees. So most of you guys are going over to Coinbase? 1.5% fee on every Coinbase withdrawal?

edit: have a CB acct already, signed up through some blogger for some free btc. Before signing up to CB make sure u get a referral. Circle offers one and you get a free $10 in btc. or you can pm me and i will give you my link and u get $10, I get $10 (after purchasing $100 in btc).

Last edited by p2 dog, p2; 12-09-2016 at 06:48 AM.
12-09-2016 , 01:17 PM
First time transferring money from my blockchain wallet to BitPay card. Funds are gone from Blockchain and funds are "pending" on my BitPay card. Any idea how long this may take? Minutes? Hours?
12-10-2016 , 03:44 PM
don't panic. i've had blockchain transfers that complete in 20 minutes and one time it took two days
12-11-2016 , 01:46 PM
I was able to make withdrawals to my bank account directly thru my debit card from Circle (surprisingly). So I never had to give them my bank account info. Does it work that way on Coinbase too?

I meant my visa debit from my bank- the same debit card that I would load Circle with. Circle gave me the option of withdrawing money from Circle onto my debit card, which went directly to my bank. I did not mean that I had gotten a debit card from Circle. Sorry, for the lack of conciseness.

Last edited by Jeff Shippt; 12-11-2016 at 01:56 PM.
12-11-2016 , 05:03 PM
Planned on playing for the first time since before June and wanted to jump into the $340 500k. Followed websites video from ACR to download circle....did that....deposited $$ onto circle to get to blockchain to find out that it won't work. Gave ACR a call, the gentleman said he would send info to email and I asked him quickly if he knew if there was anyway to get funds from circle to another wallet which he replied no, you need to deposit another $340 into another wallet site. I said wow well you should take it off of your website which suggests using circle because it doesn't work...He then proceeded to rudely tell me it's not in their hands and he "knows what I'm doing". Your ******* website says use circle! IT IS IN YOUR HANDS!?!?! WTF! Thanks ACR. thanks.
12-11-2016 , 07:30 PM
Quote:
Originally Posted by MattStrykul
Planned on playing for the first time since before June and wanted to jump into the $340 500k. Followed websites video from ACR to download circle....did that....deposited $$ onto circle to get to blockchain to find out that it won't work. Gave ACR a call, the gentleman said he would send info to email and I asked him quickly if he knew if there was anyway to get funds from circle to another wallet which he replied no, you need to deposit another $340 into another wallet site. I said wow well you should take it off of your website which suggests using circle because it doesn't work...He then proceeded to rudely tell me it's not in their hands and he "knows what I'm doing". Your ******* website says use circle! IT IS IN YOUR HANDS!?!?! WTF! Thanks ACR. thanks.
Because Circle changed things literally a few days ago, which is discussed in all the posts directly above you.
12-11-2016 , 07:38 PM
Quote:
Originally Posted by bware
Because Circle changed things literally a few days ago, which is discussed in all the posts directly above you.
I very rarely get on twoplustwo....I understand things just changed a few days ago, but if I go to a businesses website, I expect them to stay on top of these changes. It's as small as posting a small note on the page telling you NOT to use circle..I was literally following the directions given to me from ACR.
12-11-2016 , 09:50 PM
Quote:
Originally Posted by MattStrykul
I very rarely get on twoplustwo....I understand things just changed a few days ago, but if I go to a businesses website, I expect them to stay on top of these changes. It's as small as posting a small note on the page telling you NOT to use circle..I was literally following the directions given to me from ACR.
If you knew how business worked you would understand site's generally can't be updated that quickly
12-11-2016 , 10:07 PM
I originally used coinbase and switched to circle 6 months ago because you guys all said it was the nuts. I guess I have to go back to coinbase now. No biggie.
12-12-2016 , 08:41 AM
Anyone putting large amounts of money through coinbase should read up on the recent IRS-coinbase ruling - I think the IRS can request anyone's account info at any time, which could be used to track transactions. It's not a concern of mine so I haven't researched it much, but wanted to raise awareness.
12-12-2016 , 03:27 PM
US Bank Account Verification

"Use the secure log in to add your xxxxxxxxxx Bank account.
Username
Password

Coinbase does not store your bank login credentials, although our service provider may do so as necessary to provide services to Coinbase. More information on how your credentials are stored and used is available here."

Um, holy s*^t. What is that supposed to mean? If I verify my bank account and then go change my bank account password right afterward, is Coinbase going to ask me to do it again?

I'm not in a hurry to try Coinbase support again. The first time I emailed support I was sent a link to the FAQ page by "Joey the Support Bot". No joke.
12-12-2016 , 03:34 PM
attempting to answer my own question here. but how do they plan on verifying my credentials on a "per-transaction basis" if I go ahead and change my password afterward?

"These banking credentials are never sent to Coinbase, but are shared with an integrated, trusted third-party, Plaid Technologies, Inc., to facilitate instant account verification. This service may store the provided credentials for verification purposes or use them on a per-transaction basis for fraud prevention.

You may change your online banking password at any time after instant verification. You may use a temporary password without losing access to Coinbase buy and sell services using the verified bank account."
12-12-2016 , 03:53 PM
"if you’d prefer not to enter your credentials, please select “Other Bank” when adding your bank account, to use our deposit verification method instead."

Guess I posted too soon. So I'm going with this 'traditional' option. Now waiting the 3-5 business days for two $0.01- $0.99 transactions to hit my account so I can verify. Not comfortable with the first method.
12-12-2016 , 04:02 PM
i just set up coinbase with the instant verification and it was super easy. i wouldn't be so worried about giving out your banking info. you're still giving out your info, just in a more old fashioned way.
12-12-2016 , 05:54 PM
Cashout request via bitcoin to Coinbase account:

requested 12/12
12-12-2016 , 11:08 PM
Quote:
Originally Posted by Burrrrr
Cashout request via bitcoin to Coinbase account:

requested 12/12
I've never used Coinbase, but aren't the US exchanges closing accounts if you receive poker-related coins?
12-13-2016 , 01:01 AM
yea u gotta transfer to blockchain first you silly goose
12-13-2016 , 05:28 AM
wait what
12-13-2016 , 06:28 AM
Ok, made a blockchain account and canceled the other one.


Request cashout 12/13
12-14-2016 , 02:43 AM
Quote:
Originally Posted by Steve Williams
I've never used Coinbase, but aren't the US exchanges closing accounts if you receive poker-related coins?
Yes, CB closed my account because of this awhile back. Before I found this thread and others I just transferred directly from site to CB, and after 20 transfers or so I was no longer allowed to use them. Always go wallet, CB, site when depositing and site,wallet, CB when withdrawing.

With that said, now that circle is done, what other options are there for instant debit card buys? I can't find any and I really don't like holding BTC's for longer than a few days and also keep my onsite cash to a minimum in-case BF 2.0.
12-14-2016 , 01:17 PM
About to do my first withdrawal and wanted to make sure I have sequencing correct:

Go to Blockchain, hit receive, get a new address
Go to ACR withdrawal put in my request, enter address
Once shipped to Blockchain transfer to Coinbase
Sell BTC on Coinbase for $
Withdraw $ to my bank acct

Is that the procedure? Completely bypassing the shady checks drawn on foreign banks method I have done previously.
12-14-2016 , 01:40 PM
yup
12-15-2016 , 03:40 AM
Got my withdraw in about 24h to my BC, from BC to CB took about 8h. CB fee was more than expecting though when selling coins sadly.

Overall not too shabby.

Sent from my SM-G360P using Tapatalk
12-15-2016 , 01:29 PM
any one ever use kraken? anyone know what their fees are compared to coinbase?
12-15-2016 , 05:21 PM
Quote:
Originally Posted by tomuki
any one ever use kraken? anyone know what their fees are compared to coinbase?
I signed up for Kraken but ended up using coinbase instead, and it took 1 day to get from ACR to coinbase, and 3 days from coinbase to bank, and their fee was 1.5 percent.

However, today I received this email from Kraken, that they're acquiring Glidera.




Kraken Acquires Glidera

We are capping off 2016 with some exciting news - Kraken is acquiring the award-winning wallet funding service Glidera (https://www.glidera.io/). Chicago-based Glidera is the world's first non-custodial wallet funding service that enables one-click buying and selling of bitcoin directly from your favorite wallet (10 of the top bitcoin wallets already integrated with more in the pipeline).
In addition to using Kraken for leveraged margin trading and exchange between 11 digital assets and 5 national currencies worldwide, the acquisition means that clients will soon be able to experience direct one-click buying and selling of bitcoin and other digital assets via convenient payments like ACH transfers. Other future benefits include:
Kraken exchange clients in the US will enjoy the added convenience of ACH bank payments to fund their trading accounts - currently offered through Glidera for wallet funding.
Glidera will be rebranded under the name ‘Kraken Direct’ and clients will be able to access both it and Kraken’s exchange service via a single account.
“This acquisition rounds out a fantastic year for Kraken,” said Jesse Powell, CEO of Kraken. “We’ve seen incredible growth throughout 2016 across all areas of our business. We’re looking forward to an even better 2017 with this acquisition and our new ‘Kraken Direct’ service playing a key role.”
Read more about the acquisition on our blog
Thank you for choosing Kraken, the trusted and secure digital assets exchange.

      
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