Dear Pokerstrategists,
I need help from people which are depositing/withdrawing using cryptocurrencies. Which wallet do you use, where did you register, how to get this god damn bitcoin...
This is my 3rd day I am reading guides, tips, and stuff like that and don't freakin understand anything...
Originally posted by Shkureonak
This is my 3rd day I am reading guides, tips, and stuff like that and don't freakin understand anything...
I have a couple of wallets, with some small amounts in them.
I've had them for over a year, and used them on a trial basis a couple of times, but since I also am madly bewildered, I'm not one to give advice...
Cheers,
VS
What wallet do you use? I will just download and try to deposit... I am so tired to try and understand, so i'll just copy someones actions))
I have one called Electrum, and one called Mycelium
Neither has anything in it.
They are both on my phone.
Electrum is also on my computer.
Electrum has very detailed (perhaps too detailed) documentation
Only Electrum has anything in it, and that is just the amount I put there as a test.
There are two ways I have that I could I put the money into the wallet.
One is Coinsmart
The other is Coinbase which is what I thought I used, but apparently not.
Of the two, Coinsmart has the more usable help.
Both Coinbase and Coinsmart allow you to deposit money to them, similar to the way you fund a poker site.
There are transaction fees (of course) -- for example, if you upload $ using a credit card, there is a 6% fee
Using Interac the fee is waived for transfers of more than $2000
Once the $ are there, you can withdraw them to your wallet.
I presume that you can also send them to crypto-enabled poker sites also -- but I haven't done this yet.
From the Electrum wallet, there is a "send" function that you use to send the btc to an address provided by the poker room.
There is a new address for each transaction.
Hope that helped
Hey Shkureonak,
I bought some BTC the other day by credit card from Coinbase (for poker deposits), but only because Binance have put a 10 day hold on my account even though I am fully verified. I suspect this is because of not using the account in over a year.
Coinbase is very quick and reliable however as Vorpal pointed out, their transaction costs are the most expensive out there. For instance, the cost of transferring BTC from Coinbase is 1%, while at Binance it is 0.1%.
Hope this helps
Laz
Helped me a lot guys, I will try and come back with my experience. Thank you so much.
