If you want to buy/sell some bitcoin, Coinbase in a great choice for you since you are in US and don't mind linking your bank account to your Coinbase account. But as a bitcoin wallet, it is better to use blockchain.info for 2 reasons.
1. You are the only person controlling the private keys in bc.i, but Coinbase is the only one controlling the bitcoin you have in your Coinbase account.
2. There have been multiple reports about Coinbase banning accounts that have deposits or withdrawals linked to gambling sites.
Topic: Bitcoin Wallet For Receiving Bitcoins and Online Transfers? - page 3. (Read 4390 times)
Coinbase might be easy to start but I wouldn't recommend to keep your Bitcoins there.
It's a centralized place and if they go bankrupt you will loose all your money.
Bitcoin is a decentralized system and thus I recommend you'll be the owner of your private keys by using a desktop program.
I can recommend Electrum.
It's a centralized place and if they go bankrupt you will loose all your money.
Bitcoin is a decentralized system and thus I recommend you'll be the owner of your private keys by using a desktop program.
I can recommend Electrum.
Post in the digital goods section if you're looking to transfer the Pokerstars for BTC... the simplest way is to find a trustworthy user and just trade.
Ask the others if they use coinbase, if they do then you can trade micro-transactions off the blockchain--No idea if such tiny amounts are of use to you. But since it seems you'll be trading with people, not the gaming site directly, I can't see why coinbase would have any issues of whom you send or receive bitcoin payments to/from. And having a Coinbase wallet will allow you to trade BTC to/from fiat any time you want(with a low fee).
So, I would recommend coinbase for you to start out using bitcoin. It makes things really simple, except for the delay joining up a banking account, if you choose to not allow the coinbase logging you in method. And coinbase has a mobile app to help things out further to spend btc in the real world.
If I understood you wrong, and you are sending money to gambling sites, then depending on how the site's btc payment addresses are it could be really difficult for a bank to know you are paying a gambling site. Maybe you need to look into that further, since we don't know the specific sites. You know there's btc gambling sites out there too.
So, I would recommend coinbase for you to start out using bitcoin. It makes things really simple, except for the delay joining up a banking account, if you choose to not allow the coinbase logging you in method. And coinbase has a mobile app to help things out further to spend btc in the real world.
If I understood you wrong, and you are sending money to gambling sites, then depending on how the site's btc payment addresses are it could be really difficult for a bank to know you are paying a gambling site. Maybe you need to look into that further, since we don't know the specific sites. You know there's btc gambling sites out there too.
I play online poker. I mainly play on pokerstars and i would many times trade my pokerstars funds for other poker players bank of america online transfer without issues. I know to not accept paypal or chasequickpay as its reversible.
However, i had read lot about bitcoin and i see quite a bit of online poker players trade their funds whether its poker funds or wire or boa or skrill etc for bitcoins and vice versa.
I currently dont have anything bitcoin nor bitcoin wallet etc. I would like to trade my pokerstars funds to other poker players who would trade bitcoins as i like another option along with boa online transfer. And to those that ask why dont i cashout directly from my poker acct to my bank account... its b/c im an american thats in canada and have a canadian bank account and the poker site i play on... they dont do wires in usd and do it in euros so basically theres a high currency exchange rate where it would probably cost me like 7-8 percent to get say 5000usd from my pokerstars to my canadian bank account to my bank of america. So i would trade my pokerstar funds for someones boa for like 3 cent vig.
I know many ppl in the poker forum who are reputable that would trade their bitcoins for pokerstars or boa online transfer. However... i have no clue where to start with opening a bitcoin account.
Can someone tell me how i can do this? The reason i created a post b/c i recalled ppl mentioned coinbase as the wallet for bitcoins... but then i read coinbase doesnt allow gambling transactions? And other wallets are not safe.
Can someone recommend me what site to sign up for? Am i suppose to link my bank account to it? I have bank of america. I also would like to use the bitcoins to deposit into other sites that accept bitcoin... note these sites are gambling sites.
Also can someone tell me how would i turn the bitcoins later on into real cash into my bank of america?
Bitcoin just seems very complicated as when i thought just create a coinbase and i can do this... well i cant because i would be doing gambling transactions.
However, i had read lot about bitcoin and i see quite a bit of online poker players trade their funds whether its poker funds or wire or boa or skrill etc for bitcoins and vice versa.
I currently dont have anything bitcoin nor bitcoin wallet etc. I would like to trade my pokerstars funds to other poker players who would trade bitcoins as i like another option along with boa online transfer. And to those that ask why dont i cashout directly from my poker acct to my bank account... its b/c im an american thats in canada and have a canadian bank account and the poker site i play on... they dont do wires in usd and do it in euros so basically theres a high currency exchange rate where it would probably cost me like 7-8 percent to get say 5000usd from my pokerstars to my canadian bank account to my bank of america. So i would trade my pokerstar funds for someones boa for like 3 cent vig.
I know many ppl in the poker forum who are reputable that would trade their bitcoins for pokerstars or boa online transfer. However... i have no clue where to start with opening a bitcoin account.
Can someone tell me how i can do this? The reason i created a post b/c i recalled ppl mentioned coinbase as the wallet for bitcoins... but then i read coinbase doesnt allow gambling transactions? And other wallets are not safe.
Can someone recommend me what site to sign up for? Am i suppose to link my bank account to it? I have bank of america. I also would like to use the bitcoins to deposit into other sites that accept bitcoin... note these sites are gambling sites.
Also can someone tell me how would i turn the bitcoins later on into real cash into my bank of america?
Bitcoin just seems very complicated as when i thought just create a coinbase and i can do this... well i cant because i would be doing gambling transactions.
Jump to: