Hey guys, currently play on ACR and want to withdraw . I know nothing about cryptocurrency or how it works. I’ve opened a Coinbase account, because from what I have read, I can withdraw Coinbase to my paypal account . (I have a PayPal debit card which makes this convinent). Some of the main questions are, if I withdraw bitcoin, does it go straight into a bitcoin investment? Where whatever the price is at the time, Is what I get stuck with? Is there a way to just have money in the account that is not invested at the time? Just sitting there for future investments etc.

I’ve also read things saying you need to have 2 wallets? Any help or info anyone could give me would be greatly appreciated.

Also any wallets , recommendations etc would be great. I would rather not have to link anything to my bank account. Thanks in advance

The part I have bolded (I have not read further) doesn't make a whole lot of sense to me. If you withdraw bitcoin, you now have bitcoin. Which is arguably an investment in bitcoin...

As a rule of thumb, don't navigate through unknown links to crypto services. This is how you end up with malware on your system and your crypto funds stolen.

You seem to ask 2 different things.

1. Exchange Bitcoin for fiat (USD). In order to do this, you will need an exchange. Don't use coinbase, they are ****. I suggest Kraken/Gemini. You create an account, tell ACR to send your Bitcoins to the Bitcoin address Kraken gives you. You can then exchange your Bitcoin for fiat on Kraken.

2. Keep some Bitcoin as an investment/speculation. This is entirely different. For you to do this properly you need to take 1hr of your day, and thoughtfully complete some steps. Once done your future self will thank your current self. In contrast to what people are used to, Bitcoin allows and demands you to take responsibility of your money into your own hands. This is important to understand.

First you need to download a Bitcoin wallet. As a starter, assuming you don't need to secure high amounts yet. I would choose either:

- Electrum wallet (desktop)
- Samourai wallet (android phone)
- Green Wallet (iphone)

All these wallets will ask you to create your own Bitcoin private key (your seed). Make a proper backup of your private key. Losing this, means losing access to your Bitcoin. These wallets will guide you through this.

Once you've done this you can generate a Bitcoin (receive) address and send some coins from ACR to this address. That's pretty much it.

stranger asks a question, stranger answers with Free wallet... lol.

PSA: DO NOT use free wallet.

Almost all wallets are free.. But def don't download from random links.

FREEWALLET is the name of a wallet they want you to use. the service holds your keys for you... goto google, type freewallet. gl.

reporting this lol thread

New join date OP asks question and new join date poster answers with links...

The latter definitely cannot be trusted, the former could actually be the same person, or in on the scam.

I’m confused now more than ever. Thanks for the guys trying to help. I just don’t understand how all this stuff works. I’m def not scamming anyone. Just trying to get money faster than check, and MG and WU have low limits.

The future of money!!

It's up to you. Take a couple hours to educate yourself on the basics or be lazy and don't. People watch netflix for hours but can't take the time to educate themselves on one of the most important things in their life: money.

You buy at an exchange in your country or take one of the anonymous exchanges like bisq, hodlhodl, paxful that sell globally.

Grab a wallet that is NOT owned and controlled by an exchange
(this is the official bitcoin site)

https://bitcoin.org/en/choose-your-wallet

You can NOT transfer gambling winnings to a wallet that coinbase or Gemini controls directly without getting flagged in the US. If you aren't US I haven't heard of this problem but nobody keeps funds on exchanges anyways when you can hold your bitcoin yourself.

Most people make a "hop" from the exchange to your off-exchange wallet. Then to the gambling site.

Cash out from gambling site is the same, go to your off-exchange wallet THEN to an exchange to cash out.