[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) - Page 1041 - Online Poker Sites -- Two Plus Two Poker Forums

First Bitcoin w/d stuck in limbo... been pending as an unconfirmed for more than 24 hours trying to transfer from wallet to coinbase.

Is this ever going to go through? Can I speed up process/ start over(used standard fee rate from multibit)? Why is this btc "unconfirmed" it's been in my wallet since January 30th?

Help, thanks

Quote:

Originally Posted by YouthBlood

same thing for me i really hope it goes through today i needed this money. anyone have any ideas about this

The past few days there has been a very high amount of activity on the network.

Unconfirmed transactions are thrown into whats called a Mempool. Once confirmed, your transaction is added to a block in the bitcoin ledger. Visit this website when you want to check the backlog of transactions

https://tradeblock.com/bitcoin/

Your transaction could also get held up in the mempool if you didn't pay a sufficient fee

Last edited by EmilioChekshevez; 02-04-2017 at 01:46 PM.

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02-04-2017 , 01:29 PM

#26002

stacicurtisbill

newbie

Join Date: Jun 2012 Posts: 49

Can anyone tell me how to cash out 200 dollars from bovada ? im asking for my friend . He lives in washington state . Also , hed be willing to transfer it to new site if needed (he wants to) And he has relatives living in nevada if there is a problem with the washington thing he could send check there , ect . Hes in his eighties and im going to have to call for him and am hoping for a little insight before hand . Thanks in advance !!

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02-04-2017 , 05:23 PM

#26003

YouthBlood

grinder

Join Date: Jul 2010 Posts: 428

just wnated to update on my pending transaction, it was verified on blockchain from the ignition withdrawal last night and coinbase promptly verified on their end after, requested bankwire today so all in all 3 days

Quote

02-05-2017 , 05:34 AM

#26004

nimbus

Carpal \'Tunnel

Join Date: Feb 2006 Posts: 8,598

Quote:

Originally Posted by RNGidentity

I am new to this and just made my blockchain and coinbase accounts to withdraw. I am just curious about the fee, I see it states on coinbase there is a 1.49% fee to withdraw to a US bank account. Are there any other hidden fees? Also is the exact amount received in bitcoin worth the exact amount you withdraw for? Or can it vary a few %

Can someone confirm the withdrawal fees? I asked coinbase support about this and they said the 1.49% fees are for buying and selling btc on coinbase. There are no fees for depositing from or withdrawing to your bank account.

For example if you deposited $1k and decide not to buy btc, you could then send the money back to your bank account and still have $1k.

If there were fees involved you would lose 3% ($30) on the roundtrip transfer.

Their message below:

To clarify, the 1.5% fee on coinbase is for buys and sells. GDAX has a 0% maker fee or 0.25% taker fee. Neither Coinbase nor GDAX charge for moving USD funds to/from a bank account, although we do pass along a $.15 bank ACH fee if the bank charges it to us but that’s all.

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02-05-2017 , 10:11 AM

#26005

1timejon

stranger

Join Date: Feb 2017 Posts: 4

Any input would be appreciated. The last time I cashed out was a month ago. What is the standard time from requesting a cashout via btc to Ignition actually approving. Seems all the posts ive read itt say usually 3-12 hours, i requested on firday and still pending in my cashier. Anybody wait up to the 48hrs or beyond of Ignition to approve? Thanks

Quote

02-05-2017 , 11:34 AM

#26006

1timejon

stranger

Join Date: Feb 2017 Posts: 4

Quote:

Originally Posted by 1timejon

I called CS right after I posted this, they said they were having some delays, and literally two minutes after it shows up in my blockchain

Quote

02-05-2017 , 11:35 AM

#26007

1timejon

stranger

Join Date: Feb 2017 Posts: 4

Now I have it on my coinbase, what is the best way to get it into my bank account? Thanks in advance. Is there a way I can send the $ to my paypal account?

Last edited by 1timejon; 02-05-2017 at 11:42 AM.

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02-05-2017 , 12:26 PM

#26008

Rich Checkmaker

banned

Join Date: Nov 2014 Posts: 2,441

Quote:

Originally Posted by 1timejon

Now I have it on my coinbase, what is the best way to get it into my bank account? Thanks in advance. Is there a way I can send the $ to my paypal account?

you can link your bank account to your coinbase acct and sell it that way or you can link your paypal and sell it that way though i think directly selling to bank account is better since i think there are more fees with paypal. not sure about fees.

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02-05-2017 , 12:30 PM

#26009

Rich Checkmaker

banned

Join Date: Nov 2014 Posts: 2,441

Quote:

Originally Posted by stacicurtisbill

i think the easiest way for him would be to request a check. one free check every 3months. also i dont think bovada is allowed in states where online poker is legal and regulated, ie nevada, new jersey. im not sure but i think you would have a problem if you tried to send the check to one of those states.

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02-05-2017 , 01:04 PM

#26010

StevenPoke

adept

Join Date: Apr 2011 Posts: 1,143

Just an FYI, last two years there have been delays in withdrawals after the super bowl. Now with BTC, and the move to Ignition, there may be no delays, but just a forewarning, that it's possible.

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02-05-2017 , 01:39 PM

#26011

Online Veteran

Pooh-Bah

Join Date: Jun 2009 Posts: 3,621

Quote:

Originally Posted by Online Veteran

Is Kraken still being recommended since Circle is no longer an option?

Quote:

Originally Posted by onemoretimes

I've used kraken a couple times now and have been very happy. Money in my bank account the day after I withdrew.

Thanks for the information. It's good to know we have credible US based Bitcoin storage option, even if they do make us take a photo holding up our DL/passport!

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02-05-2017 , 04:56 PM

#26012

YouthBlood

grinder

Join Date: Jul 2010 Posts: 428

Quote:

Originally Posted by 1timejon

Now I have it on my coinbase, what is the best way to get it into my bank account? Thanks in advance. Is there a way I can send the $ to my paypal account?

link your bank account and they do wire transfer.

Quote

02-05-2017 , 05:17 PM

#26013

EndTheFed

grinder

Join Date: Apr 2013 Posts: 581

Quote:

Originally Posted by nimbus

Can't confirm from recent experience but this is the way I've always known it to be, and the info on their website.

So if you use their exchange GDAX you should be able to sell with only a 0.25% fee, then transfer the money to the USD wallet on Coinbase and withdraw to bank for free.

Quote:

Originally Posted by 1timejon

Now I have it on my coinbase, what is the best way to get it into my bank account? Thanks in advance. Is there a way I can send the $ to my paypal account?

Quote:

Originally Posted by Rich Checkmaker

Yeah, link your bank account and you can sell and get an ACH in 1-4 business days for 1.49%.

Or you can sell and have the money sent to PayPal for 3.99%

Quote

02-06-2017 , 06:11 PM

#26014

vyken111

grinder

Join Date: Jan 2009 Posts: 572

Have a $1k check in the mail from Ignition (hopefully, been 2 weeks...) but looking to set up Bitcoin to make things smoother. I have another $2.5k that I want to withdraw soon. Is the advice in the bitcoin start-up thread still the best?

Start a coinbase account and link to my bank and that's all I need to do? Thanks.

Quote

02-06-2017 , 07:25 PM

#26015

EndTheFed

grinder

Join Date: Apr 2013 Posts: 581

Quote:

Originally Posted by vyken111

Yes and a bitcoin wallet, and then you're ready.

Ignition -> Your bitcoin wallet -> Coinbase -> Bank

Quote

02-06-2017 , 07:38 PM

#26016

Blueshoes100

centurion

Join Date: May 2011 Posts: 128

Ignition wants a brand new wallet ID how do i create a new one on blockchain? sorry im having trouble with this

Quote

02-06-2017 , 07:40 PM

#26017

Blueshoes100

centurion

Join Date: May 2011 Posts: 128

Because my first payment got declines i have the same ID. . .

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02-06-2017 , 07:47 PM

#26018

Blueshoes100

centurion

Join Date: May 2011 Posts: 128

figured it out

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02-06-2017 , 10:31 PM

#26019

1timejon

stranger

Join Date: Feb 2017 Posts: 4

pros/cons on bitpay card?

Quote

02-06-2017 , 10:51 PM

#26020

EndTheFed

grinder

Join Date: Apr 2013 Posts: 581

Quote:

Originally Posted by 1timejon

pros/cons on bitpay card?

Pros:

- No fee to convert bitcoin to USD
- No fee to use the card to make purchases
- Balance stays as fixed USD amount
- Convert bitcoin to cash in hand in minutes
- Bypass your bank account
- High limits: $10k a day load limit, $10k a day purchase limit, $25k max balance on card

Cons:

- It costs $10
- Might be more work to convert larger amounts of money on the card to cash: $750 per transaction / $3k day limit
- $2 fee per ATM withdrawal

IMO the cons are pretty negligible, but listed the ones I could think of anyway.

Highly recommend getting it.

Quote

02-07-2017 , 12:20 AM

#26021

murph8788

adept

Join Date: Jan 2008 Posts: 920

Sorry if this has been discussed before. Is there anywhere that doesn't charge the 1.49% for withdrawing and buying bitcoin? I am using coinbase and those fees add up when withdrawing or buying alot. Thanks in advance for any help

Quote

02-07-2017 , 01:09 AM

#26022

EndTheFed

grinder

Join Date: Apr 2013 Posts: 581

Quote:

Originally Posted by murph8788

You can use their own exchange GDAX and it only has a 0.25% fee each way.

You can transfer USD and BTC instantly for free between your Coinbase and GDAX accounts.

Quote

02-07-2017 , 02:13 AM

#26023

borg23

Carpal \'Tunnel

Join Date: Nov 2012 Posts: 15,270

Quote:

Originally Posted by EndTheFed

You can use their own exchange GDAX and it only has a 0.25% fee each way.

You can transfer USD and BTC instantly for free between your Coinbase and GDAX accounts.

so you'd send gdax to blockchain to bovada?

Quote

02-07-2017 , 02:41 AM

#26024

EndTheFed

grinder

Join Date: Apr 2013 Posts: 581

Quote:

Originally Posted by borg23

so you'd send gdax to blockchain to bovada?

Yes

Quote

02-07-2017 , 05:18 AM

#26025

stacicurtisbill

newbie

Join Date: Jun 2012 Posts: 49

Simple question i hope . Ive been looking but dont see answer that applies . If you deposit with a "netspend card" on ignition and dont want to use bank account for withdrawal what are your options ? im under the impression bitcoin is only option (i have no bitcoin account as of now) . This is future tense and im only asking assuming ill need a cashout in the future . I realize it will give me options when im ready to do so but would like to know if i should open bitcoin account now...Thank you!

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