You should he fine.

The issue for the banks/US based finance companies is knowingly effecting certain transactions. Some crypto transfers are traceable. The intermediary wallet is really nothing. You cannot buy or sell in those wallets. You can swap crypto, but cannot send or pull finds from a traditional bank.

The banks are no virtuous entity. They are happy to screw you on fees and every other thing if they can get away with it. They are not looking to do any investigative work or expend any effort beyond the minimal to comply.

Thank you very much. I appreciate it. If I go the ACR Exodus Blockchain Bank route is there any fee? For instance if I wanted to withdraw $500 from ACR would it all eventually get to my bank without any fees?

Gotcha. Thanks man.

Fees vary, transfer coin is super cheap. Buy/sell not so much unless you go to an exchange. CoinbasePro is free I believe if you use limit orders.

Can anyone with experience speak on the exodus fees to send bitcoin? I did a test withdrawal of from ACR of $50 several weeks ago. Today it worth $57.xx when I transferred to blockchain it was worth $54.xx. I think that’s around 6% to move my money. It seems exorbitant unless I’m missing something.

Here, just took this. The other benefit to exodus is it is lightning fast. Almost every time I send or get sent coin it shows in a couple of seconds.

Thanks, brother. Less than 1% is amazing if true. I don’t know what I got wrong. Could it be state related?... probably not.

Doubt location specific, the wallet is anonymous. More than likely the side you are sending it to is charging you

The conversion to usd coin within the app is crazy expensive. Maybe that’s what I was getting hung up on. My bad.

100%, was not always but now they bend you over. To make it worse, have to buy some random amount of eth to cover gas. I just did 1730 in usdt to btc and cost an amazing $87. Rapage

To whichever TD reads this, the daily $16.50 plo8 desperately needs a re-structure. Here are two big problems that can be fixed.

1. Stalling. Every day the same group of around 20 regulars join during the last minute (5bb) of late reg and start stalling to manipulate the money bubble, handcuffing everyone else.

2. Blind levels actually go up faster during bubble play! It shouldn't go from 300/600 to 400/800 to 500/1000 to 750/1500 to 1k/2k when the average stack is 10bb at 400/800.

That’s ****ing criminal. *******s.

You paying $4 just to transfer bitcoin tho???

Blockchain charges 3 cents.

Again this in Exodus???

I can deposit $2k USD in Coinbase pro for free and then only pay a $10 fee to convert it to BTC.

You are really paying these extra fees just so you don't have to use Blockchain and/or Coinbase because of the US Government maybe finding out about your transfers in the future?

These posts are making me feel better that I never opened an Exodus account

Bitcoin Reqested: 10/15
Bitcoin Received: 10/16

This was my first withdrawal. This was fantastic.

Is having an account on multiple skins still allowed? Want to go for the welcome bonus.

What's the cheapest way to get Bitcoin from Blockchain back to cash in my bank account?

I'm doing coinbase pro.

Blockchain -> Coinbase -> Coinbase pro -> Sell Bitcoin to USD -> ACH bank account

You'll save about $45 in fees per $1k by selling BTC through Coinbase pro instead of just sending it as Bitcoin only though Coinbase to your bank account.

Thanks a lot. I appreciate your help. Is there a best way using bitcoin to make a deposit from bank to ACR without a lot of fees?

No problem.

You can deposit for free into coinbase pro from your bank, buy bitcoin for the same 0.05% fee as when you sold it then move it to coinbase -> blockchain -> ACR.

The coinbase pro deposit can take up to 5 business tho which sucks.

I didnt read this thread before doing this but requested my first wd directly to my cash app wallet address. .
What is the worst case scenario? Transaction gets declined?

Worst case and reality are far apart.

Worst case? Your account is flagged and funds seized.

Reality? Nothing happens and you get your funds.

Odds of worst case happening? Microscopic, like a fraction of a percent and that hinges on size of withdrawal. If it is small, couple grand or less, virtually no chance it is flagged. If it is large, like more than 5 bitcoin.....small.

The reality is, players are safe. If you do it on a systemic issue from same address to same address, you are far more likely to have an issue. With that said, I know of some players that have moved mid/upper 5 figures directly to cashapp/coinbase with no issue.

Those sites have no interest in policing anything. UIGEA says they can lose their banking license if the enable transactions to prohibitive sites. That means, basically, if it is is obvious, they will report you. Banks are no modicum of integrity. They only grab low hanging fruit. Your odds of having no issues are extremely high.

I have withdrawn using ACR-->Blockchain-->Coinbase before without any issues but they weren't big transactions. I'm planning on withdrawing $20-30k this time, should I send to my Coinbase account in smaller $ intervals or does that not matter? Do you know if there's a threshold at which they start looking at transactions more?

It was always my understanding that uiega only applied to financial institutions not the people gambling/wd the money. I wasnt aware a bank could actually take your money if they catch you.

Do not send directly to coinbase from poker/gambling site, just use intermediary wallet like exodus or something. You are going to want to report that money to the IRS. We are allowed to play, must pay taxes on winnings.

Personally, I've have bad experience with IRS, lasted 8 years. I am always super cautious with a side of paranoia. I'd probably send it to Coinbase in pieces over time. Cannot say its justified, just a quirk I have . It does. A financial institution can lose their license if the allow certain transactions to occur. The reality is they will close account and ship funds. I've never heard of someone actually having their funds seized, but there are claims that it has happened. Cannot say I fully believe them, but don't discount it completely either.

When it comes to my money/assets, I try to protect it as much as possible. It is likely more personal paranoia than anything else.