Could someone break down how to deposit/withdraw and what are the best options to use. Bovada told me to sign up for "Cracken" and when trying to sign up its asking for me to copy/paste my "PGP Public Key" and I have no clue what that is...
I'm talking for Bitcoin. Just reading the last few pages is confusing the **** outta me.
open a circle account or coinbase account. Link Debit card. Deposit. Open block chain.info account send from account deposited on to block chain. Go to bovada get the bit coin address once hitting deposit and send the money from block chain to bovada. Reverse for cashing out. there is a youtube video in this thread that shows you step by step what to do
I'm doing a btc cash out for the first time, and waiting for the cash out on Bovada to process and be sent to my Blockchain. I'm curious if a larger amount (8k) will cause Circle to question me about the btc. Am I better off splitting it up and sending 4k to CoinBase and 4k to Circle? Or is it unlikely that Circle will say anything, and I'll be able to cash out the 8k to my bank account with no problem? Sorry if this is a dumb question. I've read through the thread and didn't see much about this, and I'm pretty green with all of this. Thanks
You should not be withdrawing to circle or coinbase directly from bovada. They will find out, and they will close your account. You need to use an intermediary bitcoin wallet. An easy one to use is blockchain.com, make sure you use two factor authorization. Withdraw to blockchain, then send from block chain to circle or coinbase.
You can send any amount of bitcoin to coinbase or circle, there is no limit.
You should not be withdrawing to circle or coinbase directly from bovada. They will find out, and they will close your account. You need to use an intermediary bitcoin wallet. An easy one to use is blockchain.com, make sure you use two factor authorization. Withdraw to blockchain, then send from block chain to circle or coinbase.
You can send any amount of bitcoin to coinbase or circle, there is no limit.
ok thanks. Yea I have blockchain that I use before sending to coinbase or circle.
I'm going Bank -> circle/coinbase - > blockchain ->Bovada. Then reverse it for withdrawals.
Ok so when doing coin base when it comes to payment do I do "Bank Account (4-5 days, higher limits, 1% buy fee, or debit card (instant buy, lower limits, 3.75 buy fee)
I'm doing a btc cash out for the first time, and waiting for the cash out on Bovada to process and be sent to my Blockchain. I'm curious if a larger amount (8k) will cause Circle to question me about the btc. Am I better off splitting it up and sending 4k to CoinBase and 4k to Circle? Or is it unlikely that Circle will say anything, and I'll be able to cash out the 8k to my bank account with no problem? Sorry if this is a dumb question. I've read through the thread and didn't see much about this, and I'm pretty green with all of this. Thanks
Definitely split up the withdrawals so it won't be so obvious. I believe 8K directly in and out of Circle will raise some red flags.
So they merged the funds from vffs that I never received. They put the money back into my bovada account. I immediately requested a check withdrawal. 24 hours later, no funds taken from bovada account. You think they might be waiting for me to lose the money? Oldest trick in the book. Fu bovada.
Today, 5/31, i emailed and complained about my check not being approved (26 hrs after request) after the money was credited back to my account from failed vff.
My original vffs were approved apr 27th and may 5th, totaling $1700.
Money credited back to my account yesterday and check approved today.
Total compensation since apr 27th, 4 $30 bonuses, 1 $55 TT, 1 $50 bonus.
If you have late cashouts, ask for compensation, they are pretty cool about it.
Already cashed a check earlier this month. Will post update of this next check. It will be the largest amount ive attempted to deposit. My bank unlocks stuff. gl.
Ok so when doing coin base when it comes to payment do I do "Bank Account (4-5 days, higher limits, 1% buy fee, or debit card (instant buy, lower limits, 3.75 buy fee)
I did ACH before realizing it would take like a week to be credited. So i did another with the debit card which was instant. I dont have the patience to wait to i obviously paid the fee haha
I attempted to cash out via visa deposit and got an email saying they were having issues, bla bla bla... they mentioned i could use Bitcoin, but i dont see it as a way to withdraw, only deposit...
Is there a catch to start withdrawing via Bitcoin?
I attempted to cash out via visa deposit and got an email saying they were having issues, bla bla bla... they mentioned i could use Bitcoin, but i dont see it as a way to withdraw, only deposit...
Is there a catch to start withdrawing via Bitcoin?
Thank you very much
you must deposit via bitcoin, in order to withdrawal via bitcoin. you didnt read one single word of the past 10 pages in this thread. just skipped to last page and posted a Q. fu man, fu.
I have already successfully deposited and cashed out via BTC. I busted the left over $ and had to redeposit, so I used my VISA card instead of BTC because of the limits on Coinbase(would have to wait a few days til funds cleared). I am now ready to cash out again but want to cashout using BTC. Is this okay or does it go back to w/e your most recent deposit method was? Thanks!
I kept tabs on the transaction. It wouldn't have gone through with extraneous spaces. The transaction had over 80 confirmations when I contacted "support" a few hours after the deposit. They demanded I send screenshots of the transaction from my blockchain wallet ledger and did not have access to the Bovada wallet address assigned which IMHO is absolutely unacceptable for even the most rudimentary BTC payment processing system. They should have been able inside a few mouseclicks see the balance of the Bovada wallet created just for my deposit and see that there were funds there and the transaction ID / # of confirmations.
Yeah, that's odd. They shouldn't need a screenshot. They should have the bitcoin address and be able to look it up on their own.
That's kind of the point of bitcoin... everyone in the world can independently verify whether a transaction did or did not happen without trust.
Quote:
Originally Posted by OhScissorMe
I'm doing a btc cash out for the first time, and waiting for the cash out on Bovada to process and be sent to my Blockchain. I'm curious if a larger amount (8k) will cause Circle to question me about the btc. Am I better off splitting it up and sending 4k to CoinBase and 4k to Circle? Or is it unlikely that Circle will say anything, and I'll be able to cash out the 8k to my bank account with no problem? Sorry if this is a dumb question. I've read through the thread and didn't see much about this, and I'm pretty green with all of this. Thanks
I honestly don't know what causes some people to get questioned about a transaction and others not. They regularly deal with amounts larger than that, but it is possible they end up asking you some standard KYC/AML questions.
If it were me and I was doing a larger amount I would break it down and split it between exchanges. I'd also use the bitcoin debit card mentioned.
Quote:
Originally Posted by PuraVida96
Just tried to purchase $25 worth of btc. followed the vid to a T. I'll wait and see what they say after the review period. Could be a problem on my bank's end for some odd reason although it is a larger bank so wouldn't expect an issue.
Yeah, it seems like you did everything correctly. You didn't do anything against the rules or whatever, you were just trying to send bitcoin to your own address.
It's probably just some error on their end, or with your card, or with their automatic ID verification or something that just needs to be manually reviewed and approved.
Quote:
Originally Posted by BostonPride3
Could someone break down how to deposit/withdraw and what are the best options to use. Bovada told me to sign up for "Cracken" and when trying to sign up its asking for me to copy/paste my "PGP Public Key" and I have no clue what that is...
If you want to deposit more than $300 and you can't get them to raise your purchase limit... then you'll need to sign up for one of those exchanges. That process is slower - you first deposit money via ACH transfer to your exchange and then buy bitcoin - but you get higher limits.
Thanks EndTheFed. I'm a little confused about the bitpay. I googled Bitpay and there is a regular bitpay and a bitpay visa. Do you have to register with bitpay before you can sign up for the visa card? Or are they not even the same thing?
quick update on my bitcoin cashout if anyone has their own they are awaiting.
req 5/28 around 2pm
approved and got email from bovada 5/31 8pm
money in block chain instantly and en route to circle. will update when hits the bank.
I have both checking account and the bank card linked. do i just cashout to my debit card, as mentioned in the post above it would be the same thing, correct?
First cashout ever from Bovada. It took exactly 3 days using bitcoin & I've never used it before - it's really not that hard.
Saturday 5/28 1:30pm
1) New Blockchain.info account
2) New Circle.com account -> added bank account via DEBIT card. Otherwise you have to wait for deposits & verification.
3) Circle.com, added $25 from debit. Instant.
4) Sent $25 to blockchain from circle. Instant.
5) Deposited $25 at bovada from blockchain (showed in my account in 15 minutes)
6) Immediately requested bitcoin withdrawal using blockchain wallet address.
Tuesday 5/31 6:00pm
1) Approval/confirmation came from Bovada
2) Blockchain "send" -> Circle (use 'get address' under your account and paste that into blockchain 'to'). Instant.
3) Currently awaiting circle.com verification (apparently 40 minute wait) assuming no issues, I'll transfer to my bank acct.
I also made an extra 1.1% in the round trip. Sweet.