Can someone please tell me how in the world to use Bitcoin? Ive made a Circle and a Blockchain account but cant figure out for the life of me where to go from there. It shouldnt be this complicated if so many people are using it. Any help is much appreciated.
This. Spent about an hour reading up on how BC works but was still a little confused. Made a wallet, now more confused than before. Any suggestions on which wallet to open? The one I have I only see options of buying increments of $700+, not looking to deposit that much
You can't buy fractions of bitcoins to deposit smaller amounts
This. Spent about an hour reading up on how BC works but was still a little confused. Made a wallet, now more confused than before. Any suggestions on which wallet to open? The one I have I only see options of buying increments of $700+, not looking to deposit that much
I requested btc withdrawal from bovada for $400 on 11/25, received approval on 11/27.
The funds were removed from bovada acct but i have yet to receive into my wallet almost 48hrs later. Is it normal for transfer to take this long? My first btc withdrawal was received almost instantly after approval..
For those wondering about bitcoin, the youtube video gives a very simple step-by-step process. (search youtube from 'bovada bitcoin withdrawal', it's a 1min25sec video from the username ETFpoker).
It doesn't explain to you what bitcoins are or anything, but it shows you exactly how to get your Ignition/Bovada funds to your bank account.
This. Spent about an hour reading up on how BC works but was still a little confused. Made a wallet, now more confused than before. Any suggestions on which wallet to open? The one I have I only see options of buying increments of $700+, not looking to deposit that much
What wallet are you using? Most wallets don't let you buy bitcoins directly. Do you mean you have an account on circle?
Requested withdrawal 11/29 2am
Approved and funds sent to Wallet (blockchain) by 10/29 8am
Transferred from Wallet to Circle 11/29 5pm (processed in less than an hour)
Transferred from Circle to debit card 11/29 5pm
Funds in Bank Account 11/30 8am
Very simple, look forward to this withdrawal method every time from now on.
I requested a $2,500 BTC withdrawal on Ignition the other night around 1:30 AM and received it about an hour and a half later. Lightning speed withdrawals like I've never seen.
can someone please confirm for me if ignition has a debit card withdrawal option you need to special email to ask and sign up for?? i mean a card like the adnero card that i see on some poker review websites. did they get rid of these cards when they bovada turned into ignition??
Interesting note: I got antsy and called about my withdrawal after 48 hours. The support person told me my withdrawal had already been approved but they send all Bitcoin withdraws out in a single batch every 3 days. I received it at the 71 hour mark. She might have meant that I can only do one withdraw evey 72 hours actually
You can't buy fractions of bitcoins to deposit smaller amounts
1 bitcoin can be divided in to 100 million units, or 0.00000001 BTC.
An exchange won't sell you an amount that small for obvious reasons, but you can definitely buy the $20 worth needed for a minimum deposit on Ignition.
If someone wants to try the minimum though I'd recommend buying a few dollars extra just to make sure you have at least $20 worth according to Ignition's exchange rate used at the moment of deposit.
Quote:
Originally Posted by SetSetter
For those wondering about bitcoin, the youtube video gives a very simple step-by-step process. (search youtube from 'bovada bitcoin withdrawal', it's a 1min25sec video from the username ETFpoker).
It doesn't explain to you what bitcoins are or anything, but it shows you exactly how to get your Ignition/Bovada funds to your bank account.
Yeah, although Bitcoin can seem complicated you don't have to really know how it all works in order to use it. So the videos are just enough to walk someone through a deposit and withdrawal without a bunch of extra details.
Quote:
Originally Posted by Runningtilt
I've been withdrawing from ignition to coinbase for the passed month and it's working fine. Should I use a different wallet?
You should withdraw from Ignition to your own wallet, and then to your exchange.
The exchange will close your account if they detect a transaction with a "gambling" site. Breaking the direct link between Ignition and your exchange gives you plausible deniability. They can't say for sure that it was you that withdrew from Ignition.
It only adds minutes and a few cents to the process, no reason not to do it.
Quote:
Originally Posted by jdaddy89
Just requested Bitcoin payout . I've done it several times on Bovada but this will be my first on Ignition. In the past I have gone Ignition- Blockchain - Circle- Bitpay debit card (Which is fantastic btw) . Is this necessary or will Ignition-Blockchain-Bitpay work without issue?
Yes, you should just go from Ignition -> Blockchain -> Bitpay
Yo, sorry if this was asked a bunch of times. Pretty trivial question, I did all the blochain/circle stuff and I'm stuck with their verificatin. 1st Q: How long does it take to get verifed? I sent everything like 36 hours ago, I was told to wait. Since I've got a deposit limit of $300, like ever first timer I guess, what kind of additional info will let me do a whole $1000?
And is it even worth doing a whole $1000 deposit bonus wise? I mean, how many hands at which stakes one needs to clear the whole thousand?
Thanks.
EDIT: Talking about Ignition, sorry, forgot to mention.
Guess I should have set up Bitcoin. Never thought I'd have the problem I encountered today.
Cashed out a small check <$300 and got it sent via courier today (about 8-9 days from request - that's good!).
Tried to deposit at the only bank we have an account at and was told it would go thru "collections" and would take up to six weeks to clear. There would also be an immediate $25 fee for processing.
Laugh at my financial plight, but the fee would be half of the money in my account right now, and I cashed out now because I need the money now, not in six weeks. Any good idea of how I can turn this check into cash in the quickest fashion?