U should be good w Ch@Yse. u can ask them before depositing, when funds will be available. if u have good history with them, they will probably be available next day or so. it takes 3 months sometimes bc they have to send the check to collections - this is the case with smaller banks, or possibly if ur history isnt sufficient.

I used to use bee oh ayy and funds were always available next day.

I'm pretty sure the amount you're moving/withdrawing doesn't make any difference as to the fees. When going from Ign to the bitpay card, we are paying a miners fee and the bitpay admin fee. Both of these are based on current network conditions, and should be the same whether sending $3000 or $100.

If there's a caveat to that when using the bitpay wallet specifically in conjunction with the bitpay card, I stand to be corrected, but I doubt thats the case.

Made my 3rd Bitcoin withdrawal yesterday at 8pm hit my bit wallet today at 9pm... Process seems to be going much faster now that I'm winning and cashing weekly. Don't be skeptical you will get your money .... lol

Is there a way to use "paste" in the wallet address? I copied the address from my wallet, but I can't get it to paste.

Try control V

So I got lucky and won a tourney yesterday for a sizable amount ..... am looking to get the $$ into my pockets.
In the past I have used ignition>blockchain>bitpay card. Reading all of the posts regarding the payment protocol that Bitpay instituted it looks like this is now more complicated.
Can I go ignition>blockchain>bitpay wallet>bitpay card now ? And if so, can someone give me an idea on what kind of fees (% wise) I am looking at?

Thanks in advance,
Mike

anyone else having issues opening tables today?

Withdrawal requested 1/9 11 am est for $1,927.. will update

I recently requested a withdrawal and they asked for ID. I sent all the necessary documentation exactly 7 days ago and still have not been verified. Has anyone else recently gone through the ID verification process? If so how long did the process take?

Requested w/d Dec 30, gave Ignition my Coinbase wallet address, transaction is still pending, 11 days later. Ignition customer service says there is nothing they can do, Coinbase support is unreachable, been waiting to speak to a person for over an hour now. What can I do to get the money? I used blockchain wallet in a subsequent w/d - that went through OK - got my money in about 3 days, but this one is stuck.

U should not have ign send straight to coinbase, u gotta use a personal wallet in between (as pointed out ad nauseum itt).

i think u can check the status of the transaction by searching for that coinbase receiving address on the blockchain.

when i had an issue with coinbase recently, they did reply to my email but took like 1.5-2 weeks to do so. they should really get their support game together, a lot of people have serious issues involving a lot of money and they are basically unreachable.


EDIT: also, when u say u "gave Ignition my Coinbase wallet address," i hope u mean u copy/pasted it online, and didn't give it to them over the phone. One character off and you've got problems...

Can confirm the long time w/coinbase. I posted a couple of weeks ago how my verification wasn't going through. They wrote to me yesterday...15 days after I figured it out and got verified.

@tradenine

I'm trying to determine good sat/byte fees for transactions in order to cut costs on the miner's fees. I'm using the graph you quoted from EndtheFed a few pages back (below).




I'm wondering what your thoughts would be per the below graph. This is a screenshot I took just a bit ago from the same site. Would you say that ~120 would be safe to get the transaction through on the next block?




Additionally, in the above quote from you (at the very bottom) I'm wondering if you (or anyone) has had success with this particular process on Electrum? Does it work? .. and does it actually cut about a 1/3 of the miner's fee?

I didn't see that there had been any follow up posts regarding this (unless I missed them).

Thanks for all the info you've been providing tradenine.

I think you've got the hang of it. Using those instructions and your screenshot, I would say 140 would be the cheapest fee you'd want to pay if you wanted to likely be confirmed in the next block or two.

Keep in mind that:

"...there's still no way to know how long it might take for the next block to be mined... and how many people are going to make transactions after yours that include a higher fee and jump ahead of you in line."



As far as Electrum, the knowledgeable 2p2'er who made the guide does it and it works for him. I have set my Electurm up but haven't sent from it yet.

Using that method, each basic btc transfer we do will be 166 bytes in size, vs. the 226 bytes for the traditional way. This then should amount to paying 73.5% (166 divided by 226) of what we would usually pay per transaction, or 26.5% less. ETF has mentioned even higher percentages of savings - I'm not sure how he figured those, but from everything I can gather, we should save 26.5% per transfer on miners fees.



Another trick you can do, if you already have a blockchain wallet, is go into it and pretend ur going to send btc, and it will tell you its suggested fees, both regular and priority, in both sat/byte and usd. Other wallets do this too I've heard, but I've only done it with blockchain.

Right now for example, it suggests 123 sat/byte for the reg. fee, which in my experience is almost always done within the hour. The fees haven't changed much since u posted that screenshot, so u can use that as another point of reference in this case, and in the future.

I requested on 1/10 not 1/9
Bitcoin received 1/12 6am within the 48 hours

Good Point

I like the idea of a sort of "permanent" discount of 26.5% on the miner's fees. I also still really like the concept of BP (being able to choose between it and CB if I want) but the rake for BP makes it a lot less attractive.

I checked out EndtheFed's guide as I was going to set up Electrum yesterday. I ended up holding off on it because his details are quite specific and because I hadn't seen on here (reported, anyway) that it was being successfully done. I would want to be 100% sure of it's functionality before I started making changes to my wallet that I don't even know what they mean.

Damn near every BTC transaction I initiate scares the **** out of me ha. And that's just doing it the old Ign > BC > BP or CB way. Guess I'm still just fully not used to it thus not fully comfortable. I suspect I'm not the only one.

Ok, I just did my first xfer with electurm, for a small amount, and figured a few things out:


1. EndTheFed's guide is missing one step - you have to go into Tools-Preferences, and on the Fees tab, check Edit Fees Manually. Other than that, and specifying which Electrum download to choose from their download page, that guide's on point.


2. That 26.5% savings that I calculated above? That was only applicable to the example xfer shown in that guide. The reason we are saving on miners fees is that using Electrum in this way takes advantage of a new, better kind of btc address called Segwit. With these segwit addresses, fees are lower because the transaction size (the amount of bytes) is lower. I had been under the impression that basic btc xfers are always the same size in bytes, but it seems that they fluctuate.

For example, the xfer shown in that guide is 166 bytes, but the xfer I just did was only 136 bytes. This means I'm paying even LESS in miners fees. It appears that saving 26.5% as shown in the guide's example xfer is somewhat on the low end of savings, and on average we can expect 30% or more, perhaps even approaching 50% at times, compared to normal btc xfer fees like we would pay using standard addresses (like sending from blockchain wallet).


3. Re. options, the bp card has been great in the past, when fees were lower, thereby making their extra admin fee not that big of a deal. But when fees are high, it adds to the rake as u put it, and also we can no longer send to them from our blockchain wallets in the normal way.

Check out the shift card. Its basically the same as the bitpay card but without that admin fee, and it works slighty differently - it attaches to ur coinbase account and debits from there when u use the card at the store/atm.

Also, if u use gdax instead of coinbase, which is just coinbase's fully functional interface, u will save a good bit on fees. There's info on gdax over the past few pages of this thread.


4. Yeah the crypto world is far from very user friendly still. It can be fairly daunting, without understanding how it all works. Fortunately, by just learning some basics, we can successfully do the needful.

OK. I set up the wallet, but only have addresses starting with "bc1". How do I generate addresses starting with "3"?

I set mine up using that guide and followed the instructions to a T. It's giving me addresses that start with a 3. If I had to guess in your case, perhaps a step could have been missed or not done exactly as shown. I think it's the first several steps of that guide that are responsible for getting the "3" addresses, up to and including changing the 44 to 49. Also, the guide is missing one step - after the wallet is setup, you have to go into Tools-Preferences, and on the Fees tab, check Edit Fees Manually.

To update my last post, my transfer was successful. The transaction (tx) size was 136 bytes instead of the usual 226, resulting in that much smaller of a miners fee. This was due to using a segwit address, and something else I just figured out: when u send all of the btc in ur address, leaving nothing behind, the transaction size is smaller so the fee is smaller.

When we send to our bitpay cards, we can't send the exact amount in our address, because bitpay makes us give them a figure up front. That means that when we send, all of the btc is taken out of our address (this is just how btc works), and the remaining amount we aren't sending to bitpay (or whoever) goes back into our wallet in a new address, as change. So there are two "output addresses" instead of one - bitpay's address and the newly created address where ur "change" goes back in ur wallet.

When we send to coinbase/gdax, we can send all of the btc in our address, so there's only one output address in the xfer - the one for coinbase. There's no "change" address. When this is the case, for normal btc txs the tx size will be ~192 bytes instead of 226 bytes. When using a segwit address, as far as I can tell, for one output address txs it will be 136 bytes and for two output address txs it will be 166 bytes.

Since miner fees are based upon how many bytes each tx is, the less amount of bytes, the cheaper the miners fee.

To summarize, compared to using the blockchain wallet in conjunction with the bitpay card, by using electrum with cb/gdax, we:

1. have cheaper miners fees due to using segwit addresses

2. have even cheaper miners fees due to being able to send the full amount in our address

3. don't have to pay bitpay's admin fee

I'm always blocked kıbrıs üniversiteleri

So having done this successfully (at least the one time) is this how you're going to do it going forward? You have 100% confidence in the "E"/segwit address method?

Ignition casino asked for me to send in documents for identity verification on 01-06-18 after I attempted to withdraw $700. I won a tournament on 01-07-18 for $1293 after waiting for my verification for over 24 hours.
The next morning on 01-08-18 my account was disabled.
I called and emailed them several times and was told to just wait until finally 5 days after disabling my account they told me it was because my brother had my credit card attached to his account.
My account is still disabled, they say just pending my document verification but that doesn't make sense. No one else gets their account disabled for identity verification.
I have $2053 on my account with them and I haven't been able to log in for over a week.
They emailed me on Sunday after I had waited 8 days and said that they couldn't verify my identity with the information I gave so I had to send more and was told by a supervisor that I start over at the back of the queue which had just taken 8 days! I thought that was ridiculous so I wanted to talk to someone that had access to verify my documents immediately and she the supervisor said that she not only couldn't transfer me but had no contact info of any kind of anyone in the department that had access to my documents and that the only thing I could do was wait for them to contact me. What?

Has anybody else gotten their account disabled during the document verification process?

Haven't been checking this thread recently so thank you to tradenine for relaying the info and helping people out.

As tradenine said, in your screenshot 140 sat/byte would be the safest option to get confirmed within the next block or two.

On the top of that website if you click the box "BTC (default mempool)" it will display the fees in smaller increments so you can get a more accurate estimate.



Then instead of this:

We get this:

Thanks for the heads up. I've been using Electrum for awhile so I forgot that I had changed those preferences when I first set it up.

I've added that step to the guide: https://imgur.com/a/iTxXr

If you create a new wallet and let Electrum create the seed phrase you will only get a wallet with addresses that start with bc1.

If you create the seed phrase on your own and input them following the guide it will create a wallet with addresses that start with a 3.

If for some reason the end result is a wallet with addresses that start with bc1 or a 1... that's ok - just delete that wallet and try again.

Yes, things have changed since I made the first guide years ago using Blockchain.info as the wallet and advised using the Bitpay card.

There's nothing "wrong" with them now, but they are not the most efficient and cheapest options.

As tradenine posted, someone concerned with transaction and trading fees should be using Electrum for a wallet, GDAX (or another full function exchange like Gemini) to sell to your bank account, and the Shift card instead of the Bitpay card.

And you should be calculating the transaction fee yourself using the website posted above. https://core.jochen-hoenicke.de

It's more than worth the few minutes it takes to learn. Bitcoin wallets still aren't good at estimating the fee needed and will often suggest overpaying by something crazy like 5x.

Yeah I sent them my ID verification documents on the 4th of January and still waiting to be verified. They too also asked me to send them more documents on the 12th of January and currently waiting for a response. However my card matches my details so my account has not been disabled which is good I guess.

After more attempts than Carter has liver pills, my addresses now start with a 1 (34 characters). What's the problem with this if, I just wanna transfer to bitpay card?