The Blockchain wallet is YOUR PERSONAL WALLET. You CONTROL what goes on with it. When I eventually make a withdrawal, I'll go poker site>>Blockchain>>BitPay wallet>>BitPay card. I need the BitPay wallet due to Blockchain not having the "Payment Protocols" necessary to send directly to my BitPay card. Now if you choose to verify and link your Blockchain account to your checking account, then you would not need the Coinbase exchange. However, you're now using your Blockchain account as a financial exchange. So as I speculated in an earlier post you'll likely need a buffer wallet between the gambling site and Blockchain just to be on the safe side.

Setting Up Bitcoin for Online Poker


Step 1

First you'll need to sign up for a bitcoin exchange such as Coinbase or Gemini. These sites allow you to buy and sell bitcoins using your credit card or bank account. The largest of these exchanges is Coinbase, and it's also the simplest. Head to www.coinbase.com and they will walk you through the sign-up process.

Step 2

Next you'll need a bitcoin wallet. Exchange sites like Coinbase do not let you transfer money to gambling sites, which is why you need a separate wallet in the middle. This will allow you to send and receive bitcoin more (but not completely) anonymously. I suggest Blockchain Wallet, which is free, simple, secure, and has been around since 2011. Head to www.blockchain.com/wallet to sign up.

Step 3


To deposit to a poker site, buy bitcoins on your exchange (i.e. Coinbase), send them to your wallet (i.e. Blockchain), and then send them from your wallet to the poker room. Each site will explain how to send and receive the bitcoin--it's as simple as copying and pasting a unique string of letters and numbers.

To withdraw, open your bitcoin wallet and click "receive". Then request a bitcoin withdrawal from your poker site, and paste the code that you get from your wallet. After receiving the payment (usually within 24 hours), send the bitcoin from your wallet (i.e. Blockchain) back to your exchange (i.e. Coinbase), and from there you can sell them for dollars which will appear in your bank account.

That's It!

Now you can use Bitcoin to deposit and withdraw from online poker sites

(from https://www.totalonlinepoker.com/sin...d-Online-Poker)

"goodsaint" and "whatwonder", thank you very much for giving clear and concise answers. I very much appreciate it! <3

I see people say not to use coinbase for gambling sites is that true!

Try reading the post you quoted again. You can use coinbase to buy bitcoin, but it's wise to send it to an intermediary wallet in between coinbase and "gambling" sites.

Do I have to create a new bitcoinwallet every time I want to withdraw to bitcoin ?? I am worried that there are only two personal bitcoin purses.



Because I was prompted not to use my wallet again.

Are you using Coinbase or another wallet?

If you're using another wallet, it will give you a bunch of addresses (all of which are a part of your wallet), and you can use a different address every time if you want.

I'm somewhat confused as I've never heard of a bitcoin purse. And what kind of personal wallet that only you control prompts you not to use it again? However, if you're using a coinbase wallet and withdrawing directly from the site to that wallet, that would explain a prompt. A buffer wallet must be used between the site and Coinbase.

Requested BTC w/d 3/23, still haven’t received. Normal?

Hey quick question my wise friends. when you go to withdraw bitcoin what is 4 digit security code they ask for? I don’t remember making a 4digit security code on my account?

Thanks for any help!

Edit:

Req BTC on 3/23
Received on 3/26

Search this thread feature is your friend. Three results. Enter "4 digit security code".

Hi, I got a bitcoin withdrawal of 500 from Ignition to Electrum in less than 24 hours. My balance in Electrum says - .1282115 but I can't transfer it out. Under date ( in the Electrum wallet ) the message says, "unconfirmed parent[20.2sat/b,0.54MB]" My balance has been in limbo like this for about 6 hours. What does this mean? Is everything ok?

edit - the message is slowly changing. It now says, "unconfirmed parent[20.2sat/b,0.67MB]"

Does your withdraw show in dollars at the bottom left of your wallet? Have you clicked on any pop-ups in your wallet? Whatever you do don't click on any pop-ups asking you to upgrade. I'll PM you.

It may just be my settings but in the bottom left it shows my balance in btc. Here's what it says at bottom left -

Balance 0.00041679 BTC [+0.12779471 unconfirmed]

edit - there have been no popups in my wallet

On the bottom right of your wallet, click on the wrench next to the lock. Then click fiat, then USD. This should show your dollar balance next to your bitcoin balance.

Thanks for all the help Goodsaint but as I was ringing my hands and worrying, the balance corrected and everything is just fine. Funds have arrived. It was just an odd message that lingered for about 6 hours.

Gotcha.

anyone cashed out a reasonably large amount lately in a timely fashion?

any update if bitpay card is letting you withdrawl cash options yet?

3,000 Btc Requet 3-27 @930 pm.

First time withdrawing. Nervous. Recieved the 48 hour email and took screen shots of all. Used no bonuses. Ran hot on “a night with Cleo” slot after losing my first 400. Went back with another few hundred.

I guess we’ll see

Update

935AM they took the funds out of account emailed me saying it’s been approved and will be transferred to my wallet. On average 15 minutes they said . It’s been 20 and I’m worried

I called. They said they are having some kind of technical issue getting everyone paid.

I just got paid.

Patience grasshopper. As Halstead stated "technical issues". Next time it could be higher traffic on the Blockchain than normal, or the site sending btc with a low miner's fee. These things all can cause a delay and unexpected wait times. Mama told me it's fruitless to worry about things I have no control over. Especially if it's about this site paying its customers. Patience grasshopper.